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Hyundai Mobis’ net profit down 39.9 pc on equity losses, US tariffs

Hyundai Mobis' net profit down 39.9 pc on equity losses, US tariffs

Seoul, Jan 28 (SocialNews.XYZ) Hyundai Mobis, South Korea's leading auto parts maker, said on Wednesday its fourth-quarter net profit dropped 39.9 percent from a year earlier due to losses from equity investment in group affiliates, as well as the effects of Washington's sectoral tariffs.

Source: IANS

 

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Hyundai Mobis' net profit down 39.9 pc on equity losses, US tariffs

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