January 26, 2012 12:39 pm | Updated October 18, 2016 01:01 pm IST - SEOUL
A customer watches Hyundai Motor Co.'s vehicles at the South Korean top car maker's showroom in Seoul. File photo
Hyundai Motor Co. says its 2011 earnings reached a record high on increased demand at home and abroad.
The company said Thursday that its net profit reached 8.1 trillion won ($7.2 billion) last year. The company had earned 6 trillion won a year earlier.
Company officials said in a telephone conference that sales increased in countries such as the United States and China as well as at home.
Hyundai Motor is South Korea’s largest automaker and is a major force in the global auto industry.
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.
