[Click eStock] "POSCO Inter, Earnings Recovery from Q4... Value Upgrades Expected"

Heungkuk Securities forecasted on the 3rd that "POSCO International will show signs of performance recovery starting from the upcoming 4th quarter."

POSCO International Headquarters Building Exterior

Heungkuk Securities projected that POSCO International will achieve sales of 7.7 trillion KRW and an operating profit of 311.5 billion KRW in the third quarter of this year. This represents a 4.5% decrease in sales and a 0.1% decrease in operating profit compared to the same period last year.

Jongryul Park, an analyst at Heungkuk Securities, analyzed, "Sales in the steel sector of the materials business are expected to decline due to delayed market recovery." However, he anticipated, "The sales and profitability of the energy business remain solid, so overall operating profit will maintain last year's level."

Analyst Park expressed optimism, stating, "Thanks to the expansion of production at Senex Energy in Australia, the LNG 2 terminal expansion, the growth of renewable energy power generation, and the increased supply of drive motor cores and eco-friendly vehicle parts, operating profit is expected to maximize starting next year."

He added, "POSCO International, together with POSCO Holdings and POSCO Future M, plans to announce a corporate value enhancement plan in the 4th quarter," and noted, "Along with performance, the stock price will also gain momentum."

This content was produced with the assistance of AI translation services.