Previous close | 251,500.00 |
Open | 248,500.00 |
Bid | 243,500.00 x 0 |
Ask | 244,000.00 x 0 |
Day's range | 232,000.00 - 250,500.00 |
52-week range | 169,300.00 - 299,500.00 |
Volume | |
Avg. volume | 913,024 |
Market cap | 59.059T |
Beta (5Y monthly) | 0.99 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 15,400.00 (6.32%) |
Ex-dividend date | 27 Jun 2024 |
1y target est | N/A |
SEOUL (Reuters) -Hyundai Motor reported record quarterly profit and revenue on Thursday on strong sales of high-margin cars and said it would expand hybrid lineups to brace for possible changes in U.S. electric vehicle (EV) policies following the election. Its forecast-beating performance helped ease mounting investor concerns over slowing consumer demand for cars that have battered some of its rivals including Ford, Japan's Nissan Motor and Tesla in the April-June quarter. But Hyundai also warned of an uncertain outlook due to intensifying price competition as inflation and high interest rates squeeze consumers.
China's BYD widened its sales lead over Tesla in Singapore in the first half of this year, government data showed, highlighting the challenge facing the world's biggest electric vehicle maker by sales from Chinese rivals. BYD's strong growth in Singapore, one of the region's smallest auto markets, underscores the Chinese firm's ambition to dominate the Southeast Asia market, where gasoline car brands from Japan and South Korea are popular and Tesla has yet to establish a big presence. Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter, hurt by mounting price competition from rivals amid a sharp slowdown in global EV demand.
Hyundai currently assembles the Ioniq 5 and 6, a battery EV, in Singapore for the domestic market, as well as a robotaxi variant bound for the U.S.