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Guidance Update for 2022

2022.10.24 No. 1019

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange





Disclosure Title : Guidance Update for 2022

 

 The following is a future strategy, which may be subject to change.

1. Title of Business Plan

 Guidance Update for 2022

2. Purpose for update

 Update guidance for 2022 which was disclosed early this year reflecting environmental changes

3. Revised details of Plan

Details of Plan

 Before Update

 After Update

· Sales volume target : 4.32 Million Units

· Sales revenue growth target (Consolidated basis) : 13~14% 

· Operating profit margin target (Consolidated basis) :5.5~6.5%

· Investment plan : 9.2 trillion KRW 

· Sales volume target : 4.01 Million Units

· Sales revenue growth target (Consolidated basis) : 19~20% 

· Operating profit margin target (Consolidated basis) :6.5~7.5%

· Investment plan : 8.9 trillion KRW 

Expected Investment Amount (KRW)

 9.2 trillion 

 8.9 trillion

Date of Board Resolution (Decision Date)1

 2022-01-25

 2022-10-24

Details of Information Released

Date & Time of Information   Released1

 2022-01-25

 2022-10-24

Title and Place of Event held

 Business results annoucement for 4Q 2021

 Business results announcement for Q3 2022

4. Other references useful for making investment decisions

1. The date of decision and information released is based on KST.

2. Related materials are available for download on IR website – IR Calender (www.hyundai.com/worldwide/en)

 Title and date of other disclosure related to this one

 2022 Business Plan (Disclosed on Jan. 4th, 2022)

 Guidance for 2022 (Disclosed on Jan. 26th, 2022)

 


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