An announcement from POSCO ( (PKX) ) is now available.
POSCO Holdings Inc. has released its audited separate financial statements for the year ending December 31, 2024, which have been reviewed by independent auditors. The audit confirmed the company’s financial position and performance in accordance with Korean International Financial Reporting Standards. A key focus of the audit was the impairment assessment of investments in subsidiaries, resulting in a recognized impairment loss of 180,456 million won. This assessment involved significant management judgment and assumptions, highlighting the company’s diligence in maintaining transparent financial practices. The audit also included an evaluation of the company’s internal control over financial reporting, which received an unqualified opinion, reinforcing POSCO’s commitment to robust financial governance.
More about POSCO
POSCO Holdings Inc. is a leading company in the steel industry, primarily engaged in the production and distribution of steel products. The company is headquartered in Seoul, Korea, and focuses on maintaining a strong market presence in the global steel industry.
YTD Price Performance: 22.96%
Average Trading Volume: 283,828
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $15.53B
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