POSCO (PKX) has released an update.
POSCO Holdings has reported improved revenue and operating profit in the second quarter of 2024, driven by enhanced performance in the Steel and Infrastructure sectors. Despite the positive results, which are based on unaudited financial statements, the company cautions investors that the figures might be subject to change after the audit process. The report also highlights the company’s ongoing projects, including the development of HyREX, a green steelmaking technology, and the expansion of its rechargeable battery materials and natural gas businesses.
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