REG - Hyundai Motor Co - Q1 2024 Business Results

Hyundai Motor CoAnnouncement

25/04/2024 08:15

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RNS Number : 0076M  Hyundai Motor Company  25 April 2024

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

 

Disclosure title   :  Q1 2024 Business Results (Tentative)

 

* Below figures are tentative results and may differ from final confirmed
numbers.

 

1. K-IFRS Consolidated Business Results

 Unit :                Q1 2024     Q4 2023      QoQ (%)                     Q1 2023     YoY (%)

 KRW million
 Sales        Current  40,658,539  41,669,232   -2.4                        37,770,005  7.6

 Revenue      Period
              Cumula-  40,658,539  162,663,579  -                           37,770,005  7.6

              tive
 Operating    Current  3,557,362   3,407,792    4.4                         3,642,327   -2.3

 Profit       Period
              Cumula-  3,557,362   15,126,901   -                           3,642,327   -2.3

              tive
 Recurring    Current  4,727,213   3,258,099    45.1                        4,646,781   1.7

 Profit       Period
              Cumula-  4,727,213   17,618,662   -                           4,646,781             1.7

              tive
 Net          Current  3,376,001   2,202,634    53.3                        3,419,403   -1.3

 Profit       Period
              Cumula-  3,376,001   12,272,301   -                           3,419,403   -1.3

              tive
 Controlling  Current  3,230,950   2,225,463    45.2                        3,311,539   -2.4

 Interest     Period
              Cumula-  3,230,950   11,961,717                -              3,311,539   -2.4

              tive

 

2. Notes

A. The above Q1 2024 results are tentative consolidated business results under
"Korean

International Financial Reporting Standards (K-IFRS)"

B. The above results may change depending on review on the company and its
subsidiaries by

external auditor.

C. The above figures for Q1 2023 which is reflecting disposal of equity of
HMMR (Hyundai

Motor Manufacturing Rus) differ from previously disclosed numbers.

D. Presentation material is available for download on the Company IR website -
IR Events

(https://www.hyundai.com/worldwide/en/company/ir/ir-events
(https://www.hyundai.com/worldwide/en/company/ir/ir-events) )

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