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25-APR-2019
Kia Motors Announces 2019 1Q Business Results
- Kia’s 2019 1Q sales revenue at KRW 12.44 trillion
- Operating profit at KRW 594.1 billion; Net profit KRW 649.1 billion
- Total global sales of 648,913 units
- Kia to improve sales with new RV models including flagship SUV Telluride
2019 IQ | % | 2018 IQ | % | +/- | % | |
Unit Sales | 648,913 | 100% | 645,495 | 100% | 3,418 | 0.5% |
Domestic | 114,482 | 17.6% | 123,771 | 19.2% | -9289 | -7.5% |
Overseas | 534,431 | 82.4% | 521,724 | 80.8% | 12,707 | 2.4% |
Revenue | 12,444.4 | 100% | 12,562.2 | 100% | -117.8 | -0.9% |
Operating Profit | 594.1 | 4.8% | 305.6 | 2.4% | 288.5 | 94.4% |
Net Profit | 649.1 | 5.2% | 432.0 | 3.4% | 217.1 | 50.3% |
A. The above 2019 results are tentative consolidated business results under “Korean International Financial Reporting Standards (K-IFRS)”
B. The above results are preliminary and unaudited. Figures are subject to change after official audit.
C. The above sales volumes are based on wholesales.
D. For further information, please refer to the company website (http://www.kia.com/worldwide/main.do)
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