Hyundai Motor Announces 2025 Q1 Business Results

• Q1 revenue increased 9.2% Y/y to KRW 44.41 trillion, marking Hyundai Motor’s highest Q1 revenue
• Operating profit was up 2.1% to KRW 3.63 trillion; operating profit margin hit 8.2%
• The company sold 1,001,120 units in Q1, down 0.6% Y/y
  ⋯ Strong North American and hybrid sales
• The company to pay its quarterly dividend of KRW 2,500, up from KRW 2,000 per quarter last year, to continue its shareholder-friendly policies
• Hyundai Motor to enhance profitability through diverse measures, employ strategies to cope with global uncertainties thanks to its flexible capabilities
• The company aims to strengthen its global electrification leadership through the introduction of new IONIQ EV models as well as hybrids

Hyundai Motor Company announced its business results for the first quarter of 2025. The company’s first-quarter revenue increased 9.2 percent year over year to KRW 44.41 trillion, representing its highest first-quarter revenue.

Hyundai Motor’s operating profit rose 2.1 percent year over year to KRW 3.63 trillion in the January-March period, with an operating profit margin of 8.2 percent. The increase was driven by strong hybrid sales, with support from a favorable exchange rate environment. Net profit, including non-controlling interests, also increased 0.2 percent to KRW 3.38 trillion.

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Hyundai Motor sold 1,001,120 units worldwide in the January-March period, a 0.6 percent decrease from a year earlier. Sales in markets outside Korea were down by 1.4 percent to 834,760 units, impacted by unfavorable global market conditions, while the North America market showed robust sales.

Sales in Korea increased 4 percent to 166,360 units compared with the first quarter of 2024, when the company temporarily suspended production at its plant in Asan, Korea due to facility improvement works.

Sales of electrified models in the first quarter of 2025 jumped 38.4 percent from a year earlier to 212,426 units. This was driven by the strong sales of hybrid models, which recorded a 40 percent year-on-year rise to 137,075 units.

The company announced a quarterly dividend of KRW 2,500 per share for the first quarter, in line with its commitment to a dividend payout ratio of 25 percent or more of consolidated net profit attributable to controlling interests. The company also plans to cancel 1 percent of its total issued shares in order to implement the ‘mid-to-long-term shareholder return policy’ it announced in 2023, on top of the shares it acquired in 2024 for shareholder value enhancement purposes.

The company achieved record first-quarter operating profit, driven by a favorable exchange rate environment and increased hybrid sales. Hyundai Motor expects to maintain its annual profitability guidance of 3 to 4 percent revenue growth and a 7 to 8 percent operating profit margin, supported by strategic initiatives such as supply chain localization and investment optimization to effectively adapt to changing market dynamics.

Hyundai Motor 2025 Q1 Business Results

(Revenue / Operating Profit / Net Profit unit: Billion KRW)