Hyundai Motor Co (LSE:HYUD)
$ 54.8 -1 (-1.79%) Market Cap: 29.04 Bil Enterprise Value: 117.37 Bil PE Ratio: 4.39 PB Ratio: 0.56 GF Score: 84/100

Q1 2024 Hyundai Motor Co Earnings Call Transcript

Apr 25, 2024 / 05:10AM GMT
Release Date Price: $56.8 (-0.35%)
Michael Yun
Hyundai Motor Company - Head of Investor Relations

Hello. This is Michael Yun, Head of Investor Relations team. I would like to add we have Senior Vice President, Zayong Koo; Seung Jo Lee; and also, we also have Hyung Seok Lee from Hyundai Capital as well. Welcome, everyone, to Hyundai Motor Company's 2024 Q1 business results conference call.

On behalf of Hyundai Motor Company, I appreciate your time for participating in today's call. Please refer to the presentation HMC 2024 Q1 business results on our IR website. Today's presentation consists of two parts, sales summary and financial summary. For more information, please refer to the appendix page.

First part is sales summary. Our 2024 Q1 global wholesale decreased by 1.5% year on year to 1,006,767 units, while retail sales decreased by 4% year on year to 946,870 units. In the first quarter, wholesale decreased slightly compared to the previous year. However, sales momentum continued in markets such as North America and India, where our profitability is solid.

In the domestic market, sales decreased by 16.3%

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot