Hyundai Electric earnings rose in the third quarter of 2026 as record quarterly sales helped lift operating profit. HD Hyundai Electric reported operating profit of 284.5 billion won, up 15.1% from a year earlier, while net profit declined.
Hyundai Electric earnings and margins
Sales reached 1.18 trillion won, an increase of 18.5% year over year. The company said that was a quarterly revenue record.
Operating margin fell 0.7 percentage points to 24.1%. HD Hyundai Electric attributed the decline to a higher share of domestic sales. The narrower margin means the company retained a smaller share of revenue as operating profit than it did a year earlier.
Net profit fell 3.6% year over year to 184.2 billion won, even as operating profit and sales increased.
Orders and share price
Orders declined 19.1% from the prior-year period. The available figures do not specify an order value.
HD Hyundai Electric shares were trading at 454,500 won on the Korea Exchange on October 27, up 1.68%. The quotation was not identified as a closing price.
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