POSCO Reports Q1 Earnings Amid Geopolitical Volatility
Despite geopolitical tensions affecting the energy supply chain and financial markets, POSCO reported improved first-quarter results with consolidated revenue of KRW 17.9 trillion and operating profit of KRW 710 billion compared to the prior quarter. The company also advanced steel decarbonization projects and announced a new performance-linked shareholder return policy.
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Topics: battery materials decarbonization revenue growth shareholder returns steel industry