Kia Motors Says 2Q Profit Down 27 Percent free review Kia Motors Corp. said Friday its second-quarter net profit fell 27 percent from a year earlier and operating profit plunged because of higher costs of raw materials and a stronger South Korean currency. kia kia   
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Kia Motors Says 2Q Profit Down 27 Percent

Kia Motors Corp. said Friday its second-quarter net profit fell 27 percent from a year earlier and operating profit plunged because of higher costs of raw materials and a stronger South Korean currency.

Updated Jul 29, 2005 10:06:03
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Similar news:
  • Kia Motors Profit Falls 14 Percent in 4Q - Kia Motors Corp., South Korea's second-largest automaker, said Friday its net profit plunged 42 percent in the fourth quarter and 14 percent for the full year despite sales increases.
  • South Korea's Hyundai Motor 2Q Profits Up - Hyundai Motor Co. reported Thursday its second-quarter net profit rose 24 percent from a year earlier as the performance of overseas plants and affiliates offset the burden of a stronger won and higher raw material costs.
  • Honda Motor's 1Q Profits Climb 12 Percent - Japan's third biggest automaker, Honda Motor Co., posted a 12 percent rise in profits for the first fiscal quarter Wednesday as robust sales helped offset unfavorable currency rates.
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