Daily Business News
Sunday, October 29, 2006
  Hyundai Kia profit hit by weaker sales (Reuters)

File photo shows Hyundai-Kia chair Mong-Koo Chung speaking at the groundbreaking of a 1.2 billion dollar KIA auto plant that is to begin construction in West Point Georgia U.S. on October 20 2006. Hyundai Motor Co. said on Monday third quarter net profit nearly halved while its affiliate Kia Motors Corp. swung into loss with both firms hurt by labor disputes and a firmer won currency. (Tami Chappell/Reuters)Reuters - Hyundai Motor Co. (005380.KS) said on Monday its third-quarter net profit nearly halved while affiliate Kia Motors Corp. (000270.KS) swung into loss as both were hurt by labor disputes and a firmer won currency


  10:07 PM
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