12th Sep 2017 07:00
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange
Disclosure title : Work Stoppage
1. Location of Work Stoppage:- Hyundai Motor Manufacturing Alabama (HMC's Subsidiary)
2. Sales revenue of work stoppage business: a) Sales revenue of work stoppage impacted: KRW 8,217,390,000,000
b) Total sales revenue of the company: KRW 93,649,024,000,000
c) Sales revenue portion of work stoppage impacted(c=a/b): 8.77%
d) Applicability as a large-scale corporation: Yes
3. Areas of work stoppage: Manufacturing of cars
4. Reason of work stoppage: Prevention any damages from natural disasters
5. Countermeasures of work stoppage: Resumption of the operation after the work stoppage period
6. Effects of work stoppage: Disruption of production
7. Date (and period) of Work Stoppage:
From 2nd Shift September 11 to 1st Shift September 13, 2017 (2 days)
8. Expected date of operation resumption: September 13, 2017
9. Decision Date of Work Stoppage: September 11, 2017
10. Others:
- The Sales revenue of work stoppage impacted in #2 is based on 2016 sales revenue (HMMA) / Total sales revenue of the company is based on 2016 consolidated revenue.
- The date and period of work stoppage in #7 is only for determined schedule. (1st Shift : 06:45~14:45, 2nd Shift : 14:25~22:45, 3rd Shift : 22:45~06:45)
- The decision date of work stoppage in #9 is a start date of work stoppage, and #8 and #9 are local times.
- The above contents may be subject to change depending on the Hyundai Motor Company's internal situation.
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