[Asia Economy Reporter Park Soyeon] POSCO announced on the 21st that it is lowering its consolidated sales forecast for this year from 57.5363 trillion KRW to 55.4 trillion KRW, a reduction of about 2 trillion KRW.


This year's consolidated investment cost was also reduced by about 500 billion KRW, from 5.2246 trillion KRW to 4.7211 trillion KRW.



The applied exchange rate is 1,201 KRW per US dollar. This is the second time POSCO has adjusted its performance forecast following the first quarter.


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