[Concall] POSCO "Will Manage Liquidity Including Adjusting Investment Priorities in Second Half"
[Asia Economy Reporter Hwang Yoon-joo] POSCO announced on the 21st that "it will continue liquidity management, including adjusting investment priorities, in the second half of the year."
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A POSCO official stated during the Q2 earnings conference call that "we will continuously strengthen cost reduction through company-wide cost savings by reducing raw material costs and improving process technology," adding, "In preparation for the possibility of a prolonged COVID-19 pandemic, we maintained top-level financial soundness through cash flow-focused management."
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