Moody's: Hyundai Mobis' rating unaffected by weaker 2Q 2017 results
Announcement: Moody's: Hyundai Mobis' rating unaffected by weaker 2 Q 2017 results. Global Credit Research- 31 Jul 2017. Hong Kong, July 31, 2017-- Moody's Investors Service says that the year-on-year weakening in Hyundai Mobis Co., Ltd.' s operating results for 2 Q 2017 will not immediately impact the company's Baa1 issuer rating or stable rating outlook.Hyundai Mobis is engaged in the auto parts business, mainly on manufacturing parts and modules, for car production, and for after-sales services, overseas business, environmental services, and others. Co. maintains 5 business facilities including steel making facilities; press; crane; plant and airport equipment.
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