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Kia’s net profits plunge 37% in Q3, despite strong revenue growth
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Kia’s net profits plunge 37% in Q3, despite strong revenue growth
South Korean automaker Kia Corporation reported a 37% year-on-year drop in net profits to KRW 1.42 trillion (US$ 997 million) in the third quarter of 2025, attributed mainly to the introduction of a 25% import tariff by the US government earlier this year. Operating profit plunged by 49% to KRW…
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