Hyundai Motor profit jumps 46.5%

Hyundai Motor Co., Korea's largest automaker, said Thursday that its earnings in the first quarter jumped 46.5 percent from a year earlier on brisk sales at home and abroad.

Net profit came to 1.87 trillion won ($1.74 billion) in the January-March period, compared with 1.28 trillion won during the same period last year, the company said in a regulatory filing.

Sales rose 21.4 percent to 18.23 trillion won from 15.02 trillion won a year earlier with operating profit rising 45.6 percent to 1.83 trillion won from 1.26 trillion won.

All figures are consolidated, meaning they include results from Hyundai's overseas affiliates. (Yonhap)