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Finance

Kia posts operating profit of 12.7 trln won in 2024

Published by Global Banking and Finance Review

Posted on January 24, 2025

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SEOUL (Reuters) - South Korean automaker Kia Corp on Friday posted an operating profit of 12.67 trillion won ($8.85 billion) for 2024, with its fourth quarter performance up 10.2% from the previous year.

Its revenue target for 2025 was 112.5 trillion won, while its operating profit target was 12.4 trillion won, the company said in a filing.

($1 = 1,431.2900 won)

(Reporting by Hyunsu Yim; Editing by Ed Davies)