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Hyundai Motor Company Q4 2022 results

Hyundai is targeting revenue growth of 10.5-11.5% in 2023 and a group operating margin of 6.5-7.5%, By Jonty Storey

Hyundai Motor Company (HMC) reported a 24% revenue increase for Q4 2022 to KRW 38,524bn as wholesales rose by 8.1% to 1,038,900 units, reflecting a 9.3% increase outside South Korea to 846,800 units and a 3.3% increase in domestic sales to 192,100 units.

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