[Alpha Biz=(Chicago) Reporter Kim Jisun] HD Hyundai made an announcement on the 26th that its consolidated operating profit fell 40% year-on-year to 2.315 trillion won last year.

Sales rose 0.8% to 61.3313 trillion won, while net profit fell 64.7% to 788.6 billion won.

HD Hyundai said, "Operating profit in major sectors such as shipbuilding, construction machinery and electric has improved," but added, "Total operating profit has decreased due to falling refining margins in the oil refining sector compared to 2022."

 

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