A Hyundai Elantra N is displayed at the Auto Shanghai show, in Shanghai, China April 18, 2023.
Hyundai reported a net profit of 3.2 trillion won ($2.36 billion) for the July-September period, up from 1.3 trillion in profit a year earlier.
That exceeded an estimate of 2.9 trillion won from 19 analysts compiled by LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate.
Revenue rose 8.7% year-on-year to 41 trillion won.
Shares of Hyundai Motor were trading down 0.2% as of 0451 GMT, versus benchmark KOSPI's (.KS11) 2.4% fall.
Persons:
Aly, LSEG SmartEstimate, 1,358.3200, Heekyong Yang, Joyce Lee, Clarence Fernandez, Jamie Freed
Organizations:
Hyundai, Auto, REUTERS, Rights, General Motors, EV, Hyundai Motor, Thomson
Locations:
Auto Shanghai, Shanghai, China, Rights SEOUL, KS