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Income Statements

By differentiating the core competencies and securingthe competitive advantages, Hyundai Corporationachieveslong-term growth and sustainable and stable profits.

Income Statement (Consolidated)

(Unit:￦100M)
2024 2023 2022 2021 2020
Sales 69,957 65,804 61,270 37,825 28,809
Cost of Sales 67,472 63,809 59,682 36,714 27,782
Gross Profit 2,485 1,996 1,587 1,111 1,027
Selling General Administrative Expenses 1,149 1,003 919 760 694
Operating Income 1,335 993 668 351 332
Other Gains 2,879 1,882 2,368 853 1,061
Other Losses 2,613 1,703 1,999 664 744
Financial Income 501 774 640 258 230
Financial Costs 578 853 772 308 489
Income before Income Taxes 1,525 1,094 905 562 539
Income Tax Expenses 315 260 119 182 45
Net Income 1,210 834 787 380 494

Income Statements (Separate)

(Unit:￦100M)
2024 2023 2022 2021 2020
Sales 48,450 48,465 43,113 28,767 20,811
Cost of Sales 46,971 47,174 42,224 28,167 20,206
Gross Profit 1,479 1,290 889 600 605
Selling General Administrative Expenses 711 625 596 515 481
Operating Income 769 665 293 84 123
Other Gains 2,372 1,805 2,217 560 629
Other Losses 1,798 1,456 1,661 464 543
Financial Income 478 758 632 255 296
Financial Costs 478 769 695 244 418
Income before Income Taxes 1,342 1,003 786 499 495
Income Tax Expenses 126 164 1 -125 -12
Net Income 1,216 839 787 374 484