Posco (PKX) has released an update.
POSCO Holdings has released its unaudited Q1 2024 financial results, cautioning that figures may change after the audit process. The company is concentrating on steel and rechargeable battery materials, aiming for cost-effective decarbonized production and investing in high-growth assets to expand its materials value chain. POSCO’s performance in steel and green infrastructure remained stable, while the rechargeable battery materials segment faced an inventory impairment loss reversal.
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