Hyundai Motor's profit in Q4 almost halves, misses estimates
Financial Express Mumbai|January 26, 2022
Analysts warn that soaring prices of raw materials and logistical bottlenecks are likely to drive up costs in the current quarter

SOUTH KOREA'S HYUNDAI Motor reported a nearly 50% drop in quarterly profit on Tuesday, falling significantly short of analysts' estimate, hurt by rising raw material cost as and a one-off expense associated with employees bonuses.

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