Hyundai Motor (005380 KS) Q1 (KRW) net 1.0tln (exp. 2.3tln), oper. profit 1.70tln (prev. 2.82tln Y/Y), rev. 46.8tln (prev. 46.6tln Y/Y), Co. plans KRW 17.8tln investment in 2026 and for revenue growth of between 1-2% Y/Y

• US tariffs had a KRW 1.5tln negative effect on Q4 oper. profit.

Hyundai's Q1 results missed expectations significantly on net profit and operating profit, which is concerning, especially considering the impact of US tariffs on their recent performance. Their outlook for modest revenue growth of 1-2% and plans for a substantial investment suggest a long-term strategy, but the weakened immediate financials could weigh on market sentiment. Watch how this influences investor confidence in the automotive sector and impacts Hyundai's stock performance in the near term.