Kia Motors Third-Quarter Profit Falls to 647.9 Billion Won

Oct. 28 (Bloomberg) -- Kia Motors Corp., South Korea’s second-largest carmaker, reported third-quarter profit fell to 647.9 billion won.

Net income declined from 704.5 billion won a year earlier, the Seoul-based company said in an e-mailed statement today. That’s less than the 866 billion won average of eight analysts surveyed by Bloomberg.

To contact the reporter on this story: Rose Kim in Seoul at rkim76@bloomberg.net

To contact the editor responsible for this story: Brett Miller at bmiller30@bloomberg.net