Hyundai Motor's Q1 net profit jumps 109%, beating expectations

Hyundai Motor's Q1 net profit jumps 109%, beating expectations

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South Korea's Hyundai Motor Co (005380.KS) on Tuesday reported a 109% increase in first-quarter profit thanks to a rise in vehicle output as a global chip shortage eased and demand for its high-margin sport-utility vehicles remained strong. Hyundai reported a net profit of 3.3 trillion won ($2.47…

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