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29 Apr
14:39

Posco's profit rises despite raw materials costs

South Korea's Posco Holdings has announced first-quarter results (January-March 2024), with its consolidated revenue and operating profit reaching KRW 18.05 trillion ($13.1 billion) and KRW 583 billion, slightly lower than a year earlier and the previous quarter. However, the group's steel business recorded a combined revenue of KRW 15.44 trillion and an operating profit of KRW 339 billion in the first quarter. Compared with Q1 2023, revenue has declined b…
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