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) KOSPI-listed company POSCO International [047050] announced on the 30th that its consolidated operating profit for the first quarter of this year was tentatively estimated at 357.5 billion won, a 32.3% increase from the same period last year.

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

Revenue increased by 3.1% from the same period last year to 8.4104 trillion won. Net profit increased by 36.1% to 277.3 billion won.