Business Chief APAC+ANZ Magazine July 2019 | Page 82

TOP 10
82

Hyundai

[ South Korea ]

Seoul-based car brand Hyundai Motor was founded in 1967 and engages in the manufacture and distribution of motor vehicles and railways , according to Forbes . In 2018 , Hyundai reported net sales of $ 85.9bn , its highest of all time . While the company ’ s asset portfolio has also grown by over $ 50bn over the past five years , 2018 represented a continuation of a decline in profits now amounting to $ 4.8bn . Forbes valued the Hyundai brand at $ 8.7bn in 2018 , a 2 % decline year-over-year . www . hyundai . com
JULY 2019