Kia 2024 Q3 Report: Kia Corporation has today revealed its business results for the third quarter of 2024. In this quarter, the company has sold 7,63,693 units globally. The revenue of the third quarter has been 26.52 trillion South Korea Won. Let us know about it in detail.
Kia 2024 Q3 Report
- Operating profit in this quarter was KRW 2.88 trillion
- The operating profit margin was 10.9% in Q3 of 2024
- Globally, the retail sales of electric vehicles grew by 3.6%.
- Kia further wants to strengthen its flexible production system
- The company is offering its high-value-added models globally
The company’s operating profit in this quarter was KRW 2.88 trillion and the operating profit margin was 10.9%. Globally, the retail sales of electric vehicles grew by 3.6%.
The company further wants to strengthen its flexible production system, which is based on diverse power trains. The company is offering its high-value-added models globally.
Kia 2024 Q3 Revenue and Net Profit
- In 3Q of 2024, the Kia revenue in Korea and outside Korea was 26,519.8 billion KRW
- The net profit is 2,267.9 billion KRW
- Compare to Q3 of 2023 , there has been an increase of 3.8% in revenue
- Net profit has increased by 2.1%, compared to the 2023 3rd quarter
In the third quarter of 2024, the company’s revenue in Korea and outside Korea was 26,519.8 billion KRW. The net profit is 2,267.9 billion KRW.
If we compare this revenue with the 2023 quarter 3, then there has been an increase of 3.8% in revenue. Net profit has increased by 2.1%, compared to the 2023 quarter 3.
Kia India Car Portfolio and Upcoming Cars
- Kia India Private Limited is expanding the sale of its GT Line trim
- It is offering improved choice, advanced features and design to its customers
- The company’s portfolio in India currently includes 6 cars
- Which includes 2 electric cars and 4 ICE models
- Soon the company will launch its 2 new cars in the Indian market
In the Indian market, Kia India Private Limited is expanding the sale of its GT Line trim. It is offering improved choice, advanced features and design to its customers.
The company’s portfolio in India currently includes 6 cars. Which includes 2 electric cars and 4 ICE models. Soon the company will launch its 2 new cars in the Indian market.
