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POSCO ( (PKX) ) just unveiled an announcement.
POSCO Holdings Inc. reported a 3.5% increase in sales for fiscal year 2024 compared to 2023, with sales reaching KRW 44,644,092,226. However, the company experienced a decline in operating income and net income due to sluggish steel market conditions and decreased profits from major subsidiaries. The board resolution regarding these financials was made on February 3, 2025.
More about POSCO
POSCO Holdings Inc. is a prominent player in the steel industry, headquartered in Seoul, Korea. The company is primarily engaged in the production and distribution of steel and related products, playing a significant role in the global steel market.
YTD Price Performance: 4.61%
Average Trading Volume: 303,217
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $13.1B
Find detailed analytics on PKX stock on TipRanks’ Stock Analysis page.