Hyundai Q3 profit misses estimates at $1.10 billion
Hyundai Motor Co. released on Tuesday its third-quarter earnings results, saying that its profit surged to $1.10 billion but still missed market expectations, Baku Tribune reports Breaking News.
Hyundai Motor Co. released on Tuesday its third-quarter earnings results, saying that its profit surged to $1.10 billion but still missed market expectations, Baku Tribune reports Breaking News.
The Korean carmaker also noted in the report that sales growth could decelerate during the rest of this year due to the "unstable supply" of semiconductor chips.
Hyundai's stocks traded flat following the earnings announcement.
The Rocket and Artillery formations of the Azerbaijan Army conduct live-fire exercises in accordance with the combat training plan for 2021, the Ministry of Defense of Azerbaijan told Baku Tribune.
.jpg&h=67&w=67&zc=1&q=100)
LAST NEWS
Editor's note: Eugene Chausovsky is a senior analyst at the Newlines Institute. Chausovsky previously served as senior Eurasia analyst at the geopolitical analysis firm Stratfor for more than 10 years. His work focuses on political, economic, and security issues pertaining to Russia, Eurasia, and the Middle East.
