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Hyundai WIA (011210.KS) Q1 2026: Net Profit Slumps 65% on ₩60.1B Russia Base Effect

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Hyundai WIA (011210.KS) Q1 2026: Net Profit Slumps 65% on ₩60.1B Russia Base Effect

Hyundai WIA (011210.KS) Q1 2026: Net Profit Slumps 65% on ₩60.1B Russia Base Effect

Defense drives 39% of group operating profit at a 10.8% margin while a non-recurring Russian gain disappears and the effective tax rate normalizes from 2.0% to 33.2%.

Source: Q1 2026 Interim Report — Filed April 2026 with DART | Consolidated Financial Statements | Unit: ₩ billions

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Hyundai WIA (011210.KS) Q1 2026: Net Profit Slumps 65% on ₩60.1B Russia Base Effect

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