REG - Hyundai Motor Co - Guidance Update for 2022

Hyundai Motor CoAnnouncement

24/10/2022 08:00

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RNS Number : 8447D  Hyundai Motor Company  24 October 2022

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

 

 

 

Disclosure Title    :  Guidance Update for 2022

 

 ※ The following is a future strategy, which may be subject to change.
 1. Title of Business Plan                                                                               Guidance Update for 2022
 2. Purpose for update                                                                                   Update guidance for 2022 which was disclosed early this year

                                                                                                         reflecting environmental changes
   3. Revised details of Plan
 Details of Plan                                                                                         Before Update                                                         After Update
                                  · Sales volume target :                                               · Sales volume target :

                                  4.32 Million Units                                                    4.01 Million Units

                                   · Sales revenue growth target (Consolidated basis) : 13~14%           · Sales revenue growth target (Consolidated basis) : 19~20%

                                  · Operating profit margin target (Consolidated basis) :  5.5~6.5%     · Operating profit margin target (Consolidated basis) :  6.5~7.5%

                                  · Investment plan : 9.2 trillion KRW                                  · Investment plan : 8.9 trillion KRW
 Expected Investment Amount (KRW)                                                                        9.2 trillion                                                          8.9 trillion
 Date of Board Resolution (Decision Date)(1)                                                             2022-01-25                                                            2022-10-24
 Details of Information Released  Date & Time of Information Released(1)                                 2022-01-25                                                            2022-10-24
                                  Title and Place of Event held                                          Business results annoucement for                                      Business results announcement for

                                                                                                         4Q 2021                                                               Q3 2022
 4. Other references useful for making investment decisions
 1. The date of decision and information released is based on KST.

 2. Related materials are available for download on IR website - IR Calender

 (www.hyundai.com/worldwide/en)
 ※ Title and date of other                                                                               2022 Business Plan (Disclosed on Jan. 4(th), 2022)

 disclosure related to                                                                                   Guidance for 2022 (Disclosed on Jan. 26(th), 2022)

     this one

 

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