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Hyundai WIA Q2 Operating Profit Misses Consensus at 50.4B Won, Down 10.6%

2026-07-24 06:51:22

Hyundai Wia-5.66%

According to Yonhap Infomax, Hyundai WIA reported operating profit of 50.4 billion won for Q2 2026 on July 24, down 10.6% year-on-year and 15.3% below analyst consensus of 59.5 billion won. Revenue reached 2.35 trillion won, up 8.0% but exceeding market expectations. The decline in profitability was driven by U.S. tariff impacts and upfront investment costs for new thermal management and hybrid engine production. The company plans to ramp up Mexico plant hybrid engine production in the second half.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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