Business · Companies · 2 hrs ago
Hyundai Mobis Q3 operating profit rises 17.2% to 914.1 billion won
South Korean listed company Hyundai Mobis reported higher operating profit in the third quarter of 2026.
Its operating profit was 914.1 billion won, up 17.2% from a year earlier.
Revenue reached 15.72 trillion won, an increase of 4.6%.
Net profit was 598.4 billion won, down 35.7% year on year.
The operating profit was close to the market forecast of 910.1 billion won, meeting expectations.
The company disclosed these figures as preliminary results, and no further steps were specified.
Hyundai Mobis reported third-quarter operating profit of 914.1 billion won, up 17.2% from a year earlier.
Revenue rose 4.6% to 15.7233 trillion won, while net profit fell 35.7% to 598.4 billion won.
The company said growth in electrification sales and strong after-sales parts sales helped raise operating profit.
It also plans to begin producing actuator prototypes for Boston Dynamics’ Atlas humanoid robot next month, with supply expected in 2028.
- Who
- Hyundai Mobis.
- What
- It reported third-quarter operating profit of 914.1 billion won, up 17.2% year on year.
- When
- The results were announced on October 30, 2026.
- Where
- Not stated.
- Why
- The company attributed stronger operating profit to increased electrification sales and robust after-sales parts sales.
This story does not have two clearly opposing sides.
Hyundai Mobis announced third-quarter results, including operating profit of 914.1 billion won.
Hyundai Mobis plans to produce actuator prototypes for Boston Dynamics’ Atlas at its research institute in Uiwang, Gyeonggi Province.
Supply of the Atlas actuators is expected to begin.
- Operating profit
- 914.1 billion won
- Year-on-year operating profit growth
- 17.2%
- Revenue
- 15.7233 trillion won
- Net profit
- 598.4 billion won
- Atlas actuator supply
- Expected in 2028
What people are saying
We expect annual investment in research and development to exceed 2 trillion won for the first time by the end of this year.