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HD Hyundai Electric reports mixed Q4 profit but aims for $3.89 trillion in 2025 sales.
South Korean company HD Hyundai Electric reported a 10.9% drop in fourth-quarter net profit due to one-off costs, but operating profit rose 33.4%, driven by higher U.S. transformer orders.
For 2024, net income and operating profit more than doubled.
In 2025, the company aims to secure $3.82 billion in orders and $3.89 trillion in sales, planning to invest in its production facilities to meet demand.
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HD Hyundai Electric reporta ganancias mixtas Q4, pero tiene como objetivo $3,89 billones en las ventas de 2025.