Yonhap Infomax NewsHD Hyundai Electric and HD Hyundai Construction Equipment, which achieved record earnings and stock prices with strong Middle East exposure, now face uncertainty from the prolonged U.S.-Iran war as Strait of Hormuz blockade and surging logistics costs threaten profitability despite solid fundamentals and order backlogs.
#YonhapInfomax #HDHyundai #MiddleEastSales #StraitOfHormuz #LogisticsCosts #IranWar #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=111962
#YonhapInfomax #HDHyundai #MiddleEastSales #StraitOfHormuz #LogisticsCosts #IranWar #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=111962
HD Hyundai Affiliates Face Iran War Jitters After Doubling Stock Prices
HD Hyundai Electric and HD Hyundai Construction Equipment, which achieved record earnings and stock prices with strong Middle East exposure, now face uncertainty from the prolonged U.S.-Iran war as Strait of Hormuz blockade and surging logistics costs threaten profitability despite solid fundamentals and order backlogs.