Hyundai Motor Co. (005380), South Korea’s largest maker of automobiles, reported third-quarter profit rose 21 percent, helped by sales of Sonata sedans and Tucson sport- utility vehicles.
Net income climbed to 1.92 trillion won ($1.7 billion) in the three months ended Sept. 30, compared with 1.59 trillion won a year earlier, the Seoul-based company said in a statement today. The company was projected to report profit of 1.89 trillion won, based on the average estimate of seven analysts surveyed by Bloomberg.
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