Kia Motors Reports Strong Sales and Profits in 2023, Yueda Kia Still in Debt in China

Published: Jan 31, 2024 09:40
Kia Motors' sales in 2023 amounted to 99.81 trillion Korean won, with a net profit of 8.78 trillion Korean won. As for the company in China, by the end of the third quarter of 2023, Jiangsu Yueda Kia's asset-liability ratio reached 137.9%, still in debt. Yueda Kia announced its sales volume for 2023 to be 166,400 units.

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Kia Motors' sales in 2023 amounted to 99.81 trillion Korean won, with - Shanghai Metals Market (SMM)