Q1 2024 Business Results

Hyundai Motor Company

25 April 2024

 

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure title   :  Q1 2024 Business Results (Tentative)

* Below figures are tentative results and may differ from final confirmed numbers.

1. K-IFRS Consolidated Business Results

Unit : KRW million		Q1 2024	Q4 2023	QoQ (%)	Q1 2023	YoY (%)
Sales Revenue	Current Period	40,658,539	41,669,232	-2.4	37,770,005	7.6
	Cumula- tive	40,658,539	162,663,579	-	37,770,005	7.6
Operating Profit	Current Period	3,557,362	3,407,792	4.4	3,642,327	-2.3
	Cumula- tive	3,557,362	15,126,901	-	3,642,327	-2.3
Recurring Profit	Current Period	4,727,213	3,258,099	45.1	4,646,781	1.7
	Cumula- tive	4,727,213	17,618,662	-	4,646,781	1.7
Net Profit	Current Period	3,376,001	2,202,634	53.3	3,419,403	-1.3
	Cumula- tive	3,376,001	12,272,301	-	3,419,403	-1.3
Controlling Interest	Current Period	3,230,950	2,225,463	45.2	3,311,539	-2.4
	Cumula- tive	3,230,950	11,961,717	-	3,311,539	-2.4

2. Notes

A. The above Q1 2024 results are tentative consolidated business results under "Korean

International Financial Reporting Standards (K-IFRS)"

B. The above results may change depending on review on the company and its subsidiaries by

external auditor.

C. The above figures for Q1 2023 which is reflecting disposal of equity of HMMR (Hyundai

Motor Manufacturing Rus) differ from previously disclosed numbers.

D. Presentation material is available for download on the Company IR website - IR Events

(https://www.hyundai.com/worldwide/en/company/ir/ir-events)

 

END