POSCO Holdings, Preliminary Results Last Year: Revenue 84 Trillion KRW, Operating Profit 4.9 Trillion KRW
[Asia Economy Reporter Jeong Dong-hoon] POSCO Holdings announced on the 20th that it recorded consolidated sales of 84.8 trillion KRW and an operating profit of 4.9 trillion KRW for last year.
Compared to the previous year, consolidated sales increased by 11.1%, while operating profit decreased by 46.7%.
Last year's performance was estimated to have been impacted by operating losses due to production stoppages at the Pohang Steelworks caused by the flooding of Naengcheon and an increase in one-time costs, affecting consolidated operating profit by approximately 1.3 trillion KRW.
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POSCO Holdings plans to announce detailed performance results through an investor briefing session on the 27th of this month.
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