Kia Motors Corp (OTC:
KIMTF) reported an 8% drop in its third-quarter net profit.
Kia Motors' quarterly net profit declined to KRW647.9 billion, from KRW704.5 billion, in the year-ago period. Its operating profit gained 22% to KRW827.6 billion from KRW679.0 billion. Kia Motors' sales climbed 15% to KRW9.99 trillion from KRW8.695 trillion.
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