Business · Companies · 3 hrs ago

POSCO International's third-quarter operating profit rises 24%

POSCO International's third-quarter operating profit rises 24%

POSCO International reported higher third-quarter profits on November 2.

The South Korean company said its consolidated operating profit was 400.7 billion won, up 24% from the same period a year earlier.

Its sales reached 9.03 trillion won, a 9.6% increase.

Net profit rose 91.6% to 401.8 billion won.

The operating profit was in line with market expectations, which had been 400.1 billion won.

The figures are preliminary results, and no further steps or explanations were given.

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