Hyundai AutoEver's annual revenue last year topped 4 trillion won, marking a record high.
Hyundai AutoEver disclosed on the 30th that revenue in the fourth quarter last year was 1.3227 trillion won, up 14.1% from a year earlier. Operating profit was 76.5 billion won, up 5.3% over the same period.
Annual revenue last year was 4.2521 trillion won, up 14.5% from the previous year. Operating profit rose 13.8% over the same period to 253.3 billion won.
Results improved as all of the system integration (SI), IT outsourcing (ITO), and vehicle software (SW) businesses grew.
Last year's SI business revenue was tallied at 1.6572 trillion won, up 29.6% from a year earlier. ITO business revenue rose 8.4% over the same period to 1.7672 trillion won, and vehicle SW revenue was 827.7 billion won, up 2.9%.
In SI, overseas rollout of next-generation ERP (enterprise resource planning) systems for finished cars and the supply of cloud services drove growth. In ITO, the company said group IT and connected car services (CCS) operations led growth.