January 24, 2019 / 5:17 AM / a month ago

REFILE-Hyundai Motor swings to net loss in Q4, misses consensus

(Refiles to remove extra word, profit, from headline)

SEOUL, Jan 24 (Reuters) - South Korea’s Hyundai Motor reported on Thursday it swung to a net loss for the October-December quarter, bucking analysts’ estimates for a profit, as its vehicle sales skidded in the key China market.

Hyundai, the world’s No.5 automaker along with affiliate Kia Motors Corp, reported a net loss of 129.8 billion won ($114.95 million) for the fourth quarter, compared with the average 784 billion profit estimate of 14 analysts based on I/B/E/S Refinitiv data.

Its operating profit fell 35 percent to 501 billion won and sales climbed 5 percent to 25.67 trillion won. ($1 = 1,129.2000 won) (Reporting by Hyunjoo Jin; Editing by Muralikumar Anantharaman)

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