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وكالة الأنباء القطرية
Hyundai Q2 net profit drops 11.2%
Hyundai Motor announced that its net profit in the second quarter of 2026 decreased by 11.2%, reaching 2.88 trillion Korean won (approximately two billion US dollars), compared to 3.25 trillion won in the same period last year. This decline was due to increased costs and production losses, despite a 1.9% rise in sales to 49.21 trillion won, supported by strong sales of hybrid vehicles and favorable exchange rates. The company expects that challenges from the global economy and industry competition will continue throughout the second half of the year.
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