
Hyundai Motor Co., South Korea's largest automaker, said Thursday its 2014 net profit dropped 14.9 percent from a year earlier, hit by unfavorable currency market situations and intensifying competition from foreign rivals.
Net profit came to 7.65 trillion won (US$7.05 billion) last year, compared with the previous year's 8.99 trillion won, the company said in a regulatory filing.
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