Hyundai Mobis Co. on Friday reported its fourth-quarter net profit of 651.4 billion won (US$486.8 million), up 2.3 percent from a year earlier. Operating profit for the October-December period was 523.2 billion won, down 20.8 percent from a year ago, the company said in a regulatory filing. Revenue fell 2.1 percent to 14.67 trillion won. The earnings fell behind market expectations. The average estimate of net profit by analysts stood at 800.1 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. (END) Source: Yonhap News Agency
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