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POSCO Holdings 2022 Operating Income Nearly Halves on Typhoon Damage, Downturn

POSCO Holdings 2022 Operating Income Nearly Halves on Typhoon Damage, Downturn

SEOUL, Jan. 20 (Korea Bizwire) — POSCO Holdings Inc. on Friday said its operating income nearly halved last year from a year earlier largely due to a typhoon in September and an industry downturn. Its operating income stood at 4.9 trillion won (US$3.96 billion) last year, sharply down from an operating income of 9.2 trillion [...]

POSCO Holdings Q3 Operating Profit Down 71 pct on Typhoon Damage

POSCO Holdings Q3 Operating Profit Down 71 pct on Typhoon Damage

SEOUL, Oct. 19 (Korea Bizwire) — POSCO Holdings Inc., the holding firm of South Korea’s top steelmaker POSCO, on Wednesday said that its third-quarter operating profit dropped 71 percent as some of its steel-processing facilities remain shuttered after a typhoon. Its operating income stood at 900 billion won (US$633 million) in the July-September period, compared [...]