Kia 2023 net income up 62.3% to $6.5 bil.

Hyundai Motor and its affiliate Kia's headquarters in Seoul is seen in this June 13, 2022 file photo. Courtesy of Hyundai Motor

Kia on Thursday reported its 2023 net income of 8.77 trillion won ($6.5 billion), up 62.3 percent from a year earlier.

Operating profit for the year was 11.6 trillion won, up 60.5 percent from the previous year, the company said in a regulatory filing. Annual sales rose 15.3 percent to 99.8 trillion won. (Yonhap)