POSCO International's 1Q operating profit 357.5 billion won…32.3%↑ compared to last year

POSCO International's 1Q operating profit 357.5 billion won…32.3%↑ compared to last year

Exceeds market forecast by 13%

(SEOUL=Yonhap News) POSCO International [047050], a KOSPI-listed company, announced on the 30th that its consolidated operating profit for the first quarter of this year was provisionally tallied at 357.5 billion won, a 32.3% increase compared to the same period last year.

This operating profit exceeded the market forecast of 316.3 billion won compiled by Yonhap Infomax by 13%.

Sales increased by 3.1% compared to the same period last year, reaching 8.4104 trillion won. Net profit increased by 36.1% to 277.3 billion won.