tiprankstipranks
Trending News
More News >

POSCO Holdings Inc. Releases 2024 Business Report Highlighting Strategic Subsidiary Expansion

Story Highlights

POSCO ( (PKX) ) has issued an announcement.

POSCO Holdings Inc. released its business report for the year 2024, highlighting significant organizational changes and financial disclosures. The report, filed with the Korean Financial Services Commission and the Korea Exchange, includes independent auditors’ reports on consolidated and separate financial statements. As of the end of 2024, the company had a total of 193 consolidated subsidiaries, with notable inclusions and exclusions in its portfolio. The announcement underscores POSCO Holdings Inc.’s strategic focus on expanding its subsidiary network and enhancing its market position.

More about POSCO

POSCO Holdings Inc., formerly known as POSCO, operates in the iron and steel industry. The company is involved in manufacturing, marketing, promoting, selling, and distributing iron, steel, and rolled products. After a vertical spin-off in 2022, POSCO Holdings Inc. shifted its focus to holding business operations, controlling and improving the management of its subsidiaries, and engaging in various services such as intellectual property management, investment in new technologies, and market research.

YTD Price Performance: 14.47%

Average Trading Volume: 338,676

Technical Sentiment Signal: Buy

Current Market Cap: $14.67B

See more insights into PKX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App