Kia Motor's 2014 net profit drops 21.6%

GMT 13:36 2015 Friday ,23 January

Arab Today, arab today Kia Motor's 2014 net profit drops 21.6%

Kia Motors
Seoul - Yonhap

Kia Motors Corp., South Korea's second-largest automaker, said Friday its net profit dropped 21.6 percent on-year in 2014 as profitability worsened from the strong won and unfavorable business conditions in global markets.
Net income came to 2.99 trillion won (US$2.75 billion) last year, compared with 3.92 trillion won reported a year earlier, the company said in a regulatory filing.

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