Hyundai Motor Company has reported a record-breaking revenue performance for the second quarter of 2025, despite experiencing declines in both operating and net profit as global competition intensifies and trade pressures mount.
For the April–June period, the South Korean carmaker recorded revenue of RM159.35 billion, marking a 7.3% increase compared to the same quarter in 2024. This stands as Hyundai’s highest-ever quarterly revenue to date, reflecting strong global demand for its popular SUV and hybrid models.
However, the surge in revenue was not mirrored in profitability. Operating profit fell by 15.8% year-on-year to RM11.89 billion, while net profit slipped by 22.1% to RM10.73 billion, inclusive of non-controlling interests. The company attributed the downturn to rising incentives amid stiffening industry rivalry, alongside persistent headwinds in the global trade environment.
Global vehicle sales reached 1,065,836 units, marking a marginal 0.8% increase over the same quarter last year. Overseas markets contributed 877,296 units, up by 0.7%, largely bolstered by a 3.3% rise in North American demand. High-performance models such as the Tucson, Santa Fe and Elantra (marketed as the Avante in some regions) played a key role in sustaining this momentum.
Domestic sales in South Korea also saw growth, rising by 1.5% to 188,540 units, supported by the successful launch of the refreshed PALISADE SUV and the all-electric IONIQ 9.
Electrified vehicles were a standout performer this quarter. Hyundai sold 262,126 electric and hybrid vehicles globally, representing a robust 36.4% increase year-on-year. Hybrid variants led the charge with 168,703 units sold, a 38.5% surge from the previous year. The spike in EV demand, particularly in Europe, further contributed to these gains.
In line with its profit-sharing policy, the company announced a quarterly dividend payout of RM8.25 per share, aligning with Hyundai’s commitment to maintain a dividend distribution of at least 25% of consolidated net profit attributable to controlling shareholders.
Looking ahead, Hyundai Motor plans to reassess its annual profitability targets as it continues to monitor global market conditions. The company reaffirmed its commitment to maintaining momentum into the second half of 2025, pledging to respond nimbly to external uncertainties and to further strengthen its long-term competitiveness.
Despite rising operational challenges, Hyundai’s performance in Q2 underscores its resilient global footprint and its strategic focus on electrification and innovation as core growth drivers.
