{"id":64315,"date":"2024-04-25T05:00:00","date_gmt":"2024-04-25T00:00:00","guid":{"rendered":"http:\/\/myanmarnewsgazette.com\/?guid=400b41ad7fa835079a9688f7ab71195e"},"modified":"2024-04-25T05:00:00","modified_gmt":"2024-04-25T00:00:00","slug":"posco-holdings-q1-net-profit-down-25-pct-to-600-bln-won","status":"publish","type":"post","link":"https:\/\/myanmarnewsgazette.com\/posco-holdings-q1-net-profit-down-25-pct-to-600-bln-won\/","title":{"rendered":"POSCO Holdings Q1 net profit down 25 pct to 600 bln won"},"content":{"rendered":"
\nPOSCO Holdings Inc. on Thursday reported its first-quarter net profit of 600 billion won (US$435.9 million), down 25 percent from a year earlier.<\/p>\n
The company said in a regulatory filing that it posted 600 billion won in operating profit for the quarter, compared with 700 billion won a year ago. Revenue fell 6.7 percent to 18.1 trillion won.<\/p>\n
The earnings beat market expectations. The average estimate of net profit by analysts stood at 319.7 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.<\/p>\n
Source: Yonhap News Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
POSCO Holdings Inc. on Thursday reported its first-quarter net profit of 600 billion won (US$435.9 million), down 25 percent from a year earlier.<\/p>\n
The company said in a regulatory filing that it posted 600 billion won in operating profit for the quart…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"yoast_head":"\n