HYUNDAI, KIA ESTIMATES COMBINED Q1 NET PROFIT TO RISE

Highlights –

• Hyundai, KIA estimates combined Q1 net profit to rise.
• The two carmakers estimate solid earnings over robust sales of SUV and high-end models.
• Hyundai expects a net profit of US$1.18 billion in the first quarter.
• Kia has also forecasted to post a net income of 914.6 billion won in Q1.

Market analysts’ report that South Korea's two....