Finance

Kia posts operating profit of 12.7 trln won in 2024

Published by Global Banking & Finance Review

Posted on January 24, 2025

1 min read

· Last updated: January 27, 2026

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Kia's financial growth highlighted by 12.7 trillion won profit in 2024 - Global Banking & Finance Review
This image illustrates Kia Corp's impressive operating profit of 12.7 trillion won in 2024, reflecting the company's strong financial performance in the automotive sector, relevant to the finance industry.
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SEOUL (Reuters) - South Korean automaker Kia Corp on Friday posted an operating profit of 12.67 trillion won ($8.85 billion) for 2024, with its fourth quarter performance up 10.2% from the previous

Kia Achieves 12.7 Trillion Won Operating Profit in 2024

SEOUL (Reuters) - South Korean automaker Kia Corp on Friday posted an operating profit of 12.67 trillion won ($8.85 billion) for 2024, with its fourth quarter performance up 10.2% from the previous year.

Its revenue target for 2025 was 112.5 trillion won, while its operating profit target was 12.4 trillion won, the company said in a filing.

($1 = 1,431.2900 won)

(Reporting by Hyunsu Yim; Editing by Ed Davies)

Key Takeaways

  • Kia reported a 12.7 trillion won operating profit for 2024.
  • Fourth quarter performance increased by 10.2% from last year.
  • Revenue target for 2025 is set at 112.5 trillion won.
  • Operating profit target for 2025 is 12.4 trillion won.
  • Exchange rate used: $1 = 1,431.2900 won.

Frequently Asked Questions

What is the main topic?
The main topic is Kia Corp's financial performance in 2024, highlighting their operating profit and future targets.
What are Kia's financial targets for 2025?
Kia aims for a revenue of 112.5 trillion won and an operating profit of 12.4 trillion won in 2025.
How did Kia's Q4 performance change?
Kia's fourth quarter performance in 2024 increased by 10.2% compared to the previous year.

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