Hyundai Motor posted a double-digit growth in operating profits in the third quarter.

South Korea's largest automaker on Thursday reported some one-point-one-four trillion won in operating profits in the July-to-September period, up 12-point-seven percent from the same quarter last year.

It's a welcome turnaround for the automaker following a 24 percent decline in the second quarter.

Hyundai Motor's third-quarter sales rose by nine-point-six percent from last year to around 24-point-two trillion won.

However, some of its strong third-quarter performance was attributed to a base effect caused by significant disruption to the company’s operations last year due to labor strikes and the Chuseok holiday that fell in September last year.

Some watchers presume Hyundai Motor’s sales in China remain sluggish due to Beijing’s ongoing economic retaliation over the deployment of the U.S. THAAD antimissile system to South Korea.