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POSCO exceeded its operating profit of KRW 1 Trillion for 8 consecutive quarters



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Based on the consolidated basis of POSCO
Operating profit exceeded 1 Trillion won for 8 consecutive quarters,
OP margin was worse than the previous quarter.

POSCO held a business briefing on the 23rd
2Q consolidated sales of KRW 16,320 Trillion,
Operating profit of KRW 1.68 trillion,
Net income was $ 681.4 billion.

However, as sales volume decreases and raw materials
OP margin decreased 1% kv
9.7%.

POSCO is in the process of
Due to the stimulus effect of China
Steel demand in China will improve slightly
We expect global steel demand to slow down.

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