Last 254,500 KRW
Change Today -1,500.00 / -0.59%
Volume 210.0K
012330 On Other Exchanges
Korea SE
As of 1:29 AM 03/4/15 All times are local (Market data is delayed by at least 15 minutes).

hyundai mobis co ltd (012330) Snapshot

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04/3/14 - 323,500
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10/22/14 - 226,000
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hyundai mobis co ltd (012330) Details

Hyundai Mobis Co., Ltd. manufactures and sells automotive parts in South Korea and internationally. The company offers chassis, cockpit, and front-end modules; safety products, including airbags; LED headlights; anti-lock brake system and electronics stability control products; steering parts, including steering gearboxes, steering oil pumps, and motor driven power steering products; multimedia systems; UVO systems; injection molded plastic parts, such as instrument panels, carriers, and bumpers; and steel wheel rims and decks. It also supplies after-sales service parts for vehicles. The company was formerly known as Hyundai Precision Industry Co., Ltd and changed its name to Hyundai Mobis Co., Ltd. in November 2000. Hyundai Mobis Co., Ltd. was founded in 1978 and is headquartered in Seoul, South Korea.

Founded in 1978

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hyundai mobis co ltd (012330) Key Developments

Hyundai Mobis Announces Earnings Results for the Fourth Quarter and Full-Year Ended December 31, 2014

Hyundai Mobis announced earnings results for the fourth quarter and full-year ended December 31, 2014. In the quarter, the company registered a 21.7% year on year jump in operating profit to KRW 881 billion, while revenues increased 15.8% year on year to KRW 9.84 trillion. For the year, the company reported earned a total of KRW 3.39 trillion (USD 3.12 billion), down 0.1% from the KRW 3.4 trillion in 2013. Earnings were down despite a 5.8% year-on-year growth in revenues to KRW 36.2 trillion. Operating income for the company was up 5% year on year to KRW 3.1 trillion.

Hyundai Mobis and Kia Motors to Build Plant in Mexico

Hyundai Mobis and Kia Motors signed a contract to construct a plant in Mexico. The project requires an investment of USD 417.71 million and is intended to help meet demand from the South Korean automakers. The facility will be constructed near the city of Monterrey in the state of Nuevo Leon and will start production of automotive modules and lamps from 2016.

Hyundai Motor Reportedly Plans To Sell Stake In Hyundai Glovis

Hyundai Motor Company (KOSE:A005380) is reportedly planning to raise $1.25 billion by selling shares in Hyundai Glovis Co., Ltd. (KOSE:A086280). The sale will help Chung Eui-sun, Vice Chairman and Chung Mong-koo, Chairman of Hyundai Motor to buy stakes in Kia Motors Corp. (KOSE:A000270) Hyundai Mobis Co.,Ltd. (KOSE:A012330), company watchers said. "The Hyundai Glovis stake is the most important asset for Chung Eui-sun. Any sale would accelerate Hyundai's succession," said Kim Sang-jo, head of shareholder of Solidarity for Economic Reform. Chung Mong-koo is planning to sell 1.8 million shares of Hyundai Glovis. Eui-sun, Hyundai Glovis' biggest shareholder, is seeking to sell 3.2 million shares, said the person, who was not authorised to speak publicly on the matter and so declined to be identified. After the sale, Chung Eui-sun would hold 23.3% stake of Hyundai Glovis, and Chung Mong-koo's stake would shrink to 6.7%. A spokesman at Hyundai Glovis declined to comment.


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