Hyundai Motor Company announced on Thursday that its net income in the second quarter of 2022 saw an annual increase of 56% to reach 3.08 trillion won, or $2.34 billion.
The company's revenue advanced by 18.7% to 36 trillion won, or $27.5 billion. Meanwhile, its operating income rose by 58% year-on-year to 2.98 trillion, or $2.27 billion.
The sales of Hyundai's vehicles expanded by 19% compared to the same period in 2021 to hit the value of 35.99 trillion won, or $27.48 billion.