SEOUL — Hyundai Motor said on Thursday that its operating profit increased 0.7% in the second quarter to 4.3 trillion won ($3.1 billion) from the same period last year as strong hybrid sales offset falling demand for electric vehicles.
The automaker also announced that revenue rose 6.6% to 45 trillion won for the three months until June year on year. Net profit, meanwhile, jumped 24.7% to 4.2 trillion won.