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Auto News Articles - Derivatives losses eat into Hyundai Motor profits
News Article
Derivatives losses eat into Hyundai Motor profits
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Source: International Herald Tribune
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Date:4/24/2008
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Source Link: Click Here |
Hyundai Motor, South Korea's largest automaker, reported a smaller-than-expected increase in first-quarter profit after a loss from derivatives linked to currency hedging eroded gains from higher car sales.
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