REG - Hyundai Motor Co - Resumption of Operation

Hyundai Motor CoAnnouncement

14/02/2020 07:00

RNS Number : 9877C
Hyundai Motor Company
14 February 2020
 


 
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange
 
 
Disclosure title       :  Resumption of Operation
 
 
1.   Location Where Operation was resumed: Hyundai Ulsan Plant, etc.
 
2. Sales revenue of resumption of operation:
              a) Sales revenue impacted by resumption of operation: KRW 43,160,108,000,000
              b) Total sales revenue of the company: KRW 96,812,609,000,000
c) Sales revenue portion impacted by resumption of operation (c=a/b): 44.58%
               d) Applicability as a large-scale corporation: Yes
 
3. Areas of resumption of operation: Manufacturing of vehicles
 
4. Reason of resumption: Resumption of the supply of components which caused the supply disruption.
 
5. Impacts of resumption of operation: -
 
6. Date (and period) of resumption: February 14, 2020
 
7. Decision Date of resumption: February 14, 2020



8. Others:
- The Sales revenue impacted by resumption of operation in #2-a is based on parent sales revenue in FY2018 and total sales revenue of the company in #2-b is based on consolidated sales revenue in FY2018.
- The date of resumption in #6 is for Ulsan and Asan Plant. Resumption of operation in Jeonju Plant will start as soon as the components are supplied.
- The above contents may be subject to change depending on the Hyundai Motor Company's internal situation.
- The decision date of resumption in #7 is based on date of resumption, and aforementioned date in #6 and #7 are Korea Standard Time.
- Related disclosure: Work Stoppage (February 7, 2020)
 




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