Renault Samsung Motors posted more than 300 billion won in operating profit last year. This is a record-high operating profit for the auto maker, which has reached a positive profit for three consecutive years. According to an audit report submitted with the Financial Supervisory Service by Renault Samsung on April 4, the company earned 326.2 billion won in operating profit on sales of 5,018.3 billion won.
Its sales were 26 percent higher than those in 2014 (3,974.3 billion won) and operating profit more than double that of the previous year's (147.5 billion won). The net profit also increased 28 percent to 251.2 billion won.
The company sold a total of 229,000 cars in and outside Korea last year, up 35 percent from the previous year. Of these, the cars assembled in its Busan plant were 200,000 and the plant's capacity use has improved 30 percent. The biggest contributor to the company's improved financial results was the crossover SUV Nissan Rogue produced for the North American market. The plant exported 149,000 Rogues in 2015, up by 90,000 from 2014.
A company official said, "The won's depreciation against the U.S. dollar has helped us increase our export of Rogue SUVs. it was thanks to our relentless effort to import-substitute major parts and components."