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Korean tank maker hits record sales as defense jumps 22%

April 24, 2026
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Posted 4 hours ago by

Hyundai Rotem delivered the best first quarter in its history on April 24, 2026, reporting total sales of approximately 983 million — up 23.9 percent year-over-year — driven by a surging defense business that posted a 27.2 percent operating margin and propelled the company to a credit rating upgrade across all three major agencies. The []

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