April 19, 2024
Industrials
POSCO Daewoo logs W98b operating profit
[THE INVESTOR] POSCO Daewoo said on March 12 its operating profit in the first two months of this year came to 98.3 billion won (US$92.40 million).
The company made the announcement in a regulatory filing with the Financial Supervisory Service. No other details were given.
POSCO Daewoo has engaged in overseas resource development projects in oil, gas, mineral and food resources, including bituminous coal in Narrabri, Australia and palm oil in Indonesia.
The company also engages in the trading of a wide range of products from steel, automotive components, machinery and industrial electronics to non-ferrous metals, food resources, chemicals, commodities and textiles.
By Song Seung-hyun and newswires (ssh@heraldcorp.com)
The company made the announcement in a regulatory filing with the Financial Supervisory Service. No other details were given.
POSCO Daewoo has engaged in overseas resource development projects in oil, gas, mineral and food resources, including bituminous coal in Narrabri, Australia and palm oil in Indonesia.
The company also engages in the trading of a wide range of products from steel, automotive components, machinery and industrial electronics to non-ferrous metals, food resources, chemicals, commodities and textiles.
By Song Seung-hyun and newswires (ssh@heraldcorp.com)
