Last checked at 16 Jan 2018 08:55
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange
Disclosure title : Resumption of Operation
1. Location Where Operation was Resumed : All Hyundai Motor Manufacturing Plants in Korea
2. Sales revenue of work stoppage business: a) Sales revenue of work stoppage impacted: KRW 41,713,632,000,000
b) Total sales revenue of the company: KRW 93,649,024,000,000
c) Sales revenue portion of work stoppage impacted(c=a/b): 44.54%
d) Applicability as a large-scale corporation: Yes
3. Areas of work stoppage: Manufacturing, maintenance and sales of cars
4. Reason of resumption: End of work stoppage related with collective bargaining
5. Effects of work stoppage:
6. Date (and period) of resumption:
January 16, 2018
7. Decision date of work stoppage: January 16, 2018
8. Others:
- The Sales revenue of work stoppage impacted in #2 is based on 2016 Total sales revenue (HMC Only) / Total sales revenue of the company is based on 2016 consolidated revenue.
- Date of resumption in #6 and decision date of work stoppage in #7 are based on a settlement date of collective bargaining.
- Period and effects of work stoppage:
a) Period of work stoppage: August 2017 ~ January 2018, 172 hours
b) Effects of work stoppage: Total 70,484 units (excluding overtime work)