Shulou(Shulou.com)11/24 Report--

April 27 news, according to foreign media reports, Hyundai Motor Group's Kia, has announced their first-quarter results, sales, revenue, net profit have significantly increased compared with the same period last year, vigorously developed electric vehicles also had a good performance in the first quarter.

According to Kia, they sold 768251 cars worldwide in the first quarter, up 12 per cent from a year earlier, including 626511 in overseas markets, up 11.1 per cent from a year earlier, and 141740 in South Korea, up 16.5 per cent from a year earlier.

Kia disclosed in its financial report that it sold 133000 electric vehicles in the first quarter, including hybrids, plug-in hybrids and pure electric vehicles, up 21.1% from a year earlier, and its share of sales increased to 18.1%. An increase of 2.3 percentage points over the same period last year.

The sharp increase in sales also boosted Kia's revenue in the first quarter. The results show that their revenue in the first quarter was 23.69 trillion won (CTOnews.com Note: currently about 122.714 billion yuan), an increase of 29.1% from a year earlier.

On the profit side, the results show that their operating profit in the first quarter was 2.87 trillion won (currently about 14.867 billion yuan), up 78.9% from a year earlier; net profit was 2.12 trillion won (currently about 10.982 billion yuan), up 105.3% from a year earlier.

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