SEOUL: Hyundai Motor Co posted its biggest profit in seven years, helped by sales of luxury Genesis cars and Ioniq 5 electric vehicles (EVs), but warned that global chip shortage could impact third-quarter deliveries.
Operating profit rose to 1.89 trillion won (US$1.64bil or RM6.9bil) in the three months ended June 30 from 590 billion won (RM2.2bil) a year earlier – the highest since the second quarter of 2014, according to the South Korean automaker.
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