Hyundai Motor Q2 profit falls 16% as US tariffs weigh

SEOUL, July 24 (Reuters) - Hyundai Motor 005380.KS posted a decline in second-quarter operating profit on Thursday, down 16% from a year earlier, as U.S. tariffs on vehicles and parts started to weigh on its bottom line.

Hyundai, which together with affiliate Kia 000270.KS is the world's third-biggest automaking group by sales, booked operating profit of 3.6 trillion won ($2.64 billion) for April-to-June, compared with 4.28 trillion won in the same period a year earlier.

The result compared with a 3.5 trillion won LSEG SmartEstimate drawn from 22 analysts. The consensus estimate gives more weight to analysts who are more consistently accurate.

($1 = 1,366.2000 won)