POSCO records its biggest operating profit for the third quarter since 2011
POSCO records its biggest operating profit for the third quarter since 2011
  • Kim Min-jee
  • 승인 2018.10.24 10:51
  • 댓글 0
이 기사를 공유합니다

POSCO made a public notice on Oct. 23 that its operating profit for the third quarter increased by 36 percent year-on-year to 1.5 trillion won. Its sales increased by 9.1 percent year-on-year to 16.4 trillion won.

"Because of favorable performance in domestic steel, construction and energy sectors, sales and operating profit increased compared to the same period of last year. Its consolidated operational profit surpassed 1 trillion won for the five consecutive quarters," said POSCO.

PT.Krakatau POSCO in Indonesia has achieved its biggest quarterly operating profit since its operation. POSCO Energy and other major domestic affiliates also performed well in the third quarter.

Operating profit on a separate basis increased by 51.7 percent year-on-year to 1.09 trillion won. Its separate sales increased by 9% compared to the same period of last year to 7.9 trillion won.

Its operating profit ratio was 13.8 percent, up 3.9 percentage points from a year earlier. It is currently recording double-digit operating profit ratio for the fourth consecutive quarter.

POSCO predicted that demand for steel will continue to rise due to the strengthening of emerging markets such as India and Southeast Asia. It is planning to continue its efforts to generate profits by securing financial soundness, reducing costs, and expanding sales of high value-added products.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • Korea IT Times: Copyright(C) 2004, Korea IT Times. .Allrights reserved.
  • #1206, 36-4 Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea(Postal Code 07331)
  • 서울특별시 영등포구 여의도동 36-4 (국제금융로8길 34) / 오륜빌딩 1206호
  • * Mobile News: m.koreaittimes.com
  • * Internet news: www.koreaittimes.com
  • * Editorial Div. 02-578-0434 / 010-2442-9446 * PR Global/AD: 82-2-578-0678.
  • * IT Times Canada: Willow St. Vancouver BC
  • 070-7008-0005
  • * Email: info@koreaittimes.com
ND소프트