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Resumption of Operation

14th Feb 2020 07:00

RNS Number : 9877C
Hyundai Motor Company
14 February 2020
 

 

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Stock Exchange

 

 

Disclosure title : Resumption of Operation

 

 

1. Location Where Operation was resumed: Hyundai Ulsan Plant, etc.

 

2. Sales revenue of resumption of operation: a) Sales revenue impacted by resumption of operation: KRW 43,160,108,000,000

b) Total sales revenue of the company: KRW 96,812,609,000,000

c) Sales revenue portion impacted by resumption of operation (c=a/b): 44.58%

d) Applicability as a large-scale corporation: Yes

 

3. Areas of resumption of operation: Manufacturing of vehicles

 

4. Reason of resumption: Resumption of the supply of components which caused the supply disruption.

 

5. Impacts of resumption of operation: -

 

6. Date (and period) of resumption: February 14, 2020

 

7. Decision Date of resumption: February 14, 2020

8. Others:

- The Sales revenue impacted by resumption of operation in #2-a is based on parent sales revenue in FY2018 and total sales revenue of the company in #2-b is based on consolidated sales revenue in FY2018.

- The date of resumption in #6 is for Ulsan and Asan Plant. Resumption of operation in Jeonju Plant will start as soon as the components are supplied.

- The above contents may be subject to change depending on the Hyundai Motor Company's internal situation.

- The decision date of resumption in #7 is based on date of resumption, and aforementioned date in #6 and #7 are Korea Standard Time.

- Related disclosure: Work Stoppage (February 7, 2020)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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