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[Alpha Biz=(Chicago) Reporter Kim Jisun] POSCO Holdings announced on the 19th that it recorded sales of 19 trillion won and operating profit of 1.2 trillion won in the third quarter of this year. Sales fell 10.4 percent on-year, but operating profit rose 33.3 percent.
"The performance seems to have been affected as the steel market continued to weaken due to the slowing global economic recovery," a POSCO Holdings official said. "However, the performance was somewhat better than the market expected."
POSCO Holdings is scheduled to hold a corporate briefing session on its third-quarter earnings for institutional investors and others on the 24th.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
