Hyundai Mobis (012330.KS) reported first quarter net profit 883 billion Korean won, a decline of 14.4% from a year ago. Operating profit was 803 billion won, compared to 777 billion won, prior year. The company said, despite profitability enhancement measures, Module and Core Parts turned red due to decreased OEM production volume, etc.
First quarter sales were 15.56 trillion Korean won, an increase of 5.5% from last year. Despite Hyundai and Kia volume decrease, Module and Core Parts revenue went upby 4.9% to 12.0 trillion won driven by increase in non-captive customer production andssales expansion centered on electronics.
Hyundai Mobis shares are trading at 4,21,000 Korean won, down 4.86%.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.