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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)
2023 2022 2021 2020 2019
Sales 65,804 61,270 37,825 28,809 42,634
Cost of Sales 63,809 59,682 36,714 27,782 41,426
Gross Profit 1,996 1,587 1,111 1,027 1,208
Selling General Administrative Expenses 1,003 919 760 694 773
Operating Income 993 668 351 332 435
Other Gains 1,882 2,368 853 1,061 786
Other Losses 1,703 1,999 664 744 963
Financial Income 774 640 258 230 223
Financial Costs 853 772 308 489 314
Income before Income Taxes 1,094 905 562 539 168
Income Tax Expenses 260 119 182 45 3
Net Income 834 787 380 494 164

Income Statements (Separate)

(Unit:￦100M)
2023 2022 2021 2020 2019
Sales 48,465 43,113 28,767 20,811 32,114
Cost of Sales 47,174 42,224 28,167 20,206 31,261
Gross Profit 1,290 889 600 605 853
Selling General Administrative Expenses 625 596 515 481 573
Operating Income 665 293 84 123 281
Other Gains 1,805 2,217 560 629 594
Other Losses 1,456 1,661 464 543 639
Financial Income 758 632 255 296 218
Financial Costs 769 695 244 418 272
Income before Income Taxes 1,003 786 499 495 164
Income Tax Expenses 164 1 -125 -12 -10
Net Income 839 787 374 484 155