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15 Jul
07:16

Posco’s second-quarter revenue rebounds, profit falls

South Korea’s Posco Holdings has announced its provisional earnings for the second quarter and the first half of the year. Q2 revenue rebounded but quarterly profits were down both quarter-on-quarter and year-on-year, Kallanish notes from a company exchange filing. The company’s consolidated Q2 revenue stood at KRW 23 trillion ($17.36 billion), up 8% q-o-q and 25.7% y-o-y. H1 revenue was pushed to KRW 44.3 trillion, posting an increase of 28.8% from a …
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