Hyundai Mobis' sales last year reached record high of 59 trillion won...Operating profit increased 13% year-on-year = South Korea

Hyundai Mobis, a major South Korean auto parts manufacturer, announced on the 25th that its consolidated sales in 2023 reached 59,254.4 billion won (approximately 6,548.8 billion yen), a new record high. Business
Business profit was 2.2953 trillion won (approximately 253.6 billion yen). Sales and operating profit increased by 14.2% and 13.3%, respectively, compared to 2022. In particular, sales are approaching 60 trillion won.
This exceeded the record high in 2022 (51,906.3 billion won). Net profit was 3,423.3 billion won (approximately 377.9 billion yen), an increase of 37.6% from 2022.
The company's performance is due to an increase in the supply of electrified parts due to increased production of eco-cars by car manufacturers, and an increase in sales of high value-added parts mainly for medium- and large-sized cars and SUVs.
He explained that this contributed to the improvement.