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[Disclosure] Hyundai Motor (005380) – Resumption of Production / 2024-02-14

Posted on February 14, 2024August 12, 2026 By K-STOCK Editor No Comments on [Disclosure] Hyundai Motor (005380) – Resumption of Production / 2024-02-14

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

Hyundai Motor resumed vehicle production at its Asan plant on February 14, 2024, following the completion of facility construction for electric vehicle (EV) production.

📊 [Key Disclosure Content & Financial Highlights]

1. Area and Details of Resumption

  • Area of Resumption: Hyundai Motor Asan Plant
  • Activity Resumed: Automobile manufacturing
  • Revenue of Resumed Facility: KRW 7.27T (KRW 7,267,531,000,000) ※ Based on FY2022 finished vehicle sales
  • Recent Total Revenue (FY2022 Consolidated): KRW 142.53T (KRW 142,527,535,000,000)
  • Revenue Ratio: 5.1%

2. Suspension Period & Resumption Date

  • Production Suspension Period: December 31, 2023 – February 13, 2024 (including New Year and Lunar New Year holidays)
  • Resumption Date (Normal Operation Date): February 14, 2024
  • Decision/Board Date: February 14, 2024

3. Reason for Resumption

  • Completion of facility construction for electric vehicle (EV) production

4. Additional Context

  • This is a follow-up disclosure to the “Production Halt” disclosure filed on November 27, 2023.

📝 Editor’s Comment (Key Follow-up Checkpoint)

📌 Verification of Future Business Status Following Production Resumption

This disclosure announces the factual resumption of production at the Asan plant. Future business status and any related changes regarding the production resumption can be verified in official disclosures and reports, including future quarterly, half-year, and annual reports.

📢 Disclaimer & Source Notice

Source: This content has been newly structured and created based on officially submitted data from the Financial Supervisory Service’s DART system.

Investment Risk Warning: This content is provided strictly for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any specific stock. All investment decisions and financial liabilities rest entirely with the individual investor.

Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.

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