Moody's: Kia Motors' 2016 results are in line with its Baa1 rating
Hong Kong, February 01, 2017-- Moody's Investors Service says that the 2016 operating results of Kia Motors Corporation are generally in line with its Baa1 issuer rating and stable outlook. "Despite intense competition in the global auto market, Kia showed positive revenue and earnings growth for 2016, supported by the weaker Korean won and an improved product mix," says Wan Hee Yoo, a Moody's Vice President and Senior Analyst. According to the company's announcement on 26 January...
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