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SEOUL air max 97 triple black pas cher , July 24 (Xinhua) -- South Korea's top automaker Hyundai Motor said Thursday that it logged a double-digit decline in its second-quarter earnings due to the local currency's appreciation to the U.S. dollar.
Operating profit was 2.09 trillion won (2.03 billion U.S. dollars) in the three months ending June 30, down 13.3 percent from the same period of last year, the company said in a statement.
It fell short of the market consensus of about 2.2 trillion won as the South Korean won's ascent to the dollar reduced overseas earnings converted into the local currency.
Revenue fell 1.9 percent from a year earlier to 22.75 trillion won in the second quarter, and net income declined 6.9 percent to 2.35 trillion won.
For the first half of this year, the company's sales slid 0.3 percent on year to 44.4 trillion won, and operating profit decreased 5.8 percent to 4.03 trillion won. Net income was 4.38 trillion won in the first half.
Hyundai's global car sales climbed 4.4 percent from a year earlier to 2 nike air max 97 noir homme ,495,837 units in the first half, with domestic and overseas sales reaching 345,709 and 2,150,128 units respectively.
The solid auto sales were attributable to launches of new models air max 97 ultra noir , including Genesis and Sonata, and demand for sport utility vehicle (SUV) amid the rise in leisure culture activity.
Despite the robust sales, the first-half earnings showed underperformance as the South Korean currency rose 5.1 percent to the dollar in the cited period, reducing overseas earnings. The operating margin was 9.1 percent in the first half, down 0.5 percentage point from a year earlier.
The company said there remained uncertainties for the second half, including the tapering of the U.S. quantitative easing air max 97 silver bullet pas cher , economic slowdown in advanced economies and worries about growth in China.
Hyundai, however, noted that it will overcome those uncertainties by enhancing product quality, launching new models and reducing costs.
The carmaker forecast the wondollar exchange rate would average 1,020 won on a daily basis in the second half, saying the current account surplus trend would continue amid the persistent foreign capital inflow. The figure was lower than 1 air max 97 argent femme ,050 won forecast six months earlier.
There remained expectations for the exchange rate to rebound in the second half on speculation the U.S. Federal Reserve will raise interest rates in the foreseeable future and Bank of Korea (BOK) will cut policy rates within this year.
Hyundai shares closed at 229,000 won Thursday, up 1.6 percent from Wednesday's close on the back of strong car sales that offset lower operating margin.
Protesters wave Greek national flags and shout slogans during a rally against the use of the term "Macedonia" in any solution to a dispute between Athens and Skopje over the former Yugoslav republic's name, in Athens, Greece February 4, 2018.
Tens of thousands of Greeks staged a mass rally in Athens Sunday air max 97 summit white pas cher , urging the government not to compromise in a festering name row with neighboring Macedonia.
As a huge Greek flag flew over central Syntagma Square, Greeks from all over the country and abroad chanted “Hands off Macedonia,” “Macedonia is Greek” and “We won’t leave until we are vindicated.”
Athens objects to Macedonia’s name, arguing it suggests that Skopje has claims to the territory and heritage of Greece’s historic northern region of the same name.
However, leftist Greek Prime Minister Alexis Tsipras has been considering a resolution to the 27-year-old dispute, angering many opposition members and his own nationalist coalition partners.
Among those in the crowd was former Premier Antonis Samaras air max 97 blanche homme , who was foreign minister when the name dispute began in 1991, along with mayors, senior clerics and army officers. Organizers said they expected around a million participants on Syntagma Square.
“Macedonia is Greek and only Greek. They are trying to steal history. We all have to fight and let the world know,” said Allia Sarellis, who flew in from the United States.
Around 2,500 buses from northern Greece and two ships from Crete brought thousands of demonstrators air max 97 blanche pas cher , reports said.
Some protesters wore traditional garb, including the uniform of Greek guerrillas who fought Bulgarian bands and Ottoman forces in Macedonia in the early 20th century.
“Thousands of Cretans have shed their blood for Macedonia,” a bearded Cretan protester told Skai TV.
The protest, the second on the Macedonia issue in a fortnight, was organized and funded by Greek Diaspora groups, with the support of retired officer associations air max 97 gold pas cher , cultural unions and church groups.
Renowned Zorba the Greek composer Mikis Theodorakis was the keynote speaker despite battling health issues at 92.
Theodorakis has trouble walking, but was galvanized after self-styled anarchists vandalized his home with red paint late Saturday.
“I am calm and ready,” the resistance icon said after the incident, urging rally participants “not to be intimidated”.
Two weeks ago, tens of thousands had protested in Thessaloniki, the capital of Greece’s Macedonia region. Police estimated the turnout at over 90 air max 97 femme rose ,000, while organizers claimed at least 400,000 attended.
The name dispute has remained unresolved since the former Yugoslav republic’s independence in 1991. Greece sees the name “Macedonia” as part of its own cultural heritage.
BEIJING, April 17 (Xinhua) -- New soccer textbooks will be introduced to Chinese primary and middle schools beginning in the autumn semester of this year, after the Ministry of Education named the sport a compulsory part of the national curriculum.
The textbooks have been compiled with input from soccer coaches and experts by state-managed publisher the People's Education Press (PEP).
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