Photo : YONHAP News
Hyundai Motor Company saw its operating profit slip nearly 20 percent despite posting record sales last year, bearing the brunt of U.S. auto tariffs.
South Korea’s top automaker estimated on Thursday during an earnings conference call that its operating profits for 2025 stood at roughly eleven-point-four trillion won, down 19-and-a-half percent on-year. That’s equivalent to some eight billion U.S. dollars.
Sales, meanwhile, surged six-point-three percent, to a record of 186-point-two trillion won.
The automaker’s operating profit margin for 2025 stood at six-point-two percent.
The company’s net income was estimated to have slipped nearly 22 percent to some ten-point-three trillion won in the wake of U.S. auto tariffs imposed last April and an increase in overseas incentives.
The auto giant said the U.S. tariffs saddled it with four-point-one trillion won in additional costs.