POSCO Holdings Q1 Operating Profit 2.3 Trillion Won... Up 44% YoY

[Asia Economy Reporter Oh Hyung-gil] POSCO Holdings announced on the 14th that its consolidated operating profit for the first quarter of this year was tentatively estimated at 2.3 trillion KRW, a 43.9% increase compared to the same period last year.

Sales increased by 32.8% compared to the same period last year, reaching 21.3 trillion KRW.

The company explained, "Due to the transition to a holding company, dividend income was included in operating performance, and for comparative presentation, the previous period's dividend income was reclassified from non-operating income to operating profit."

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