Posco International Corp. (047050.KS) reported Thursday higher profit in fiscal 2025, despite nearly flat sales.
In the year, net income climbed 26.5 percent to 636.80 billion Korean won from last year's 503.41 billion won.
Pre-tax profit from continuing operation was 835.14 billion won, up 18.2 percent from 706.62 billion won. Operating income grew 4.3 percent to 1.17 trillion won from prior year's 1.12 trillion won.
Sales for the year were 32.37 trillion won, up 0.1 percent from 32.34 trillion won a year ago.
In South Korea, the shares were losing around 1.6 percent to trade at 62,900.00 won.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.