Kia, Hyundai Motor Group affiliate and South Korea’s second-largest carmaker, said Wednesday that its operating profit fell sharply in 2025 as higher US tariffs weighed on earnings, even as the carmaker posted record revenue for a second straight year.

Kia posted an operating profit of 9.08 trillion won ($6.37 billion) in 2025, down 28.3 percent from a year earlier.

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