Hyundai Wia CorporationKRX: 011210

Hyundai Wia: Revenue up 3.7% YoY to KRW 8.48T; machine tool business sold; strong cash, stable dividend

· Issued by Hyundai Wia Corporation

Revenue grew 3.7% YoY to KRW 8.48 trillion, with operating income of KRW 204.4 billion and net income of KRW 116.9 billion. Automotive parts led growth, while the machine tool business was spun off and sold. Strong liquidity and a 32.2% dividend payout were maintained.

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