POSCO International Reports Operating Profit of 605.3 Billion KRW Last Year, Up 28.1% Year-on-Year
[Asia Economy Reporter Oh Ju-yeon] POSCO International announced on the 31st that its operating profit on a consolidated basis last year was 605.3 billion KRW, an increase of 28.1% compared to the previous year. Sales amounted to 24.4226 trillion KRW, a decrease of 3.0%, and net profit for the period increased by 74.9% to 202.4 billion KRW.
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The company explained, "Operating profit and pre-tax profit increased due to higher sales volume from the Myanmar gas field compared to the previous year."
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