Kia Motors (SEO:000270) Q2 Net Profit Quadrupled

  Seoul, South Korea, Aug 12, 2009 - (ABN Newswire) - Kia Motors (SEO:000270), South Korea's second-largest automaker, said second-quarter net profit more than quadrupled as weakness in the local currency boosted sales revenue. Net profit for the three months ended June 30 soared to KRW347.09 billion from KRW85.96 billion a year earlier. Sales during the quarter rose 11.5 per cent to 4.68 trillion won from 4.19 trillion won a year earlier.  

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