Belfast Telegraph

Car firm Hyundai hails record year

Easyjet reported a surge in winter revenues yesterday after it increased baggage charges and bounced back from the previous year's snow-hit performance.

HYUNDAI said its 2011 earnings reached a record high on increased demand at home and abroad. The firm said that its net profit reached 8.1trn won (£4.59bn) last year. The firm had earned 6trn won a year earlier. Company officials said that sales increased in countries such as the United States and China as well as in South Korea.