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The latest announcement is out from POSCO ( (PKX) ).
In February 2025, POSCO Holdings Inc. reported a significant decline in its financial performance for the fiscal year 2024 compared to the previous year. The company experienced a 5.8% decrease in sales and a 38.5% drop in operating income, mainly due to challenging conditions in the steel market and initial losses from its new ventures in the secondary battery sector. These financial results underline the impact of market conditions and strategic investments on the company’s operations and may influence stakeholder decisions.
More about POSCO
POSCO Holdings Inc. is a large-sized corporation based in Seoul, Korea, operating primarily in the steel industry. The company is also advancing into the secondary battery business through newly established subsidiaries, reflecting a strategic focus on diversifying its market presence.
YTD Price Performance: 4.61%
Average Trading Volume: 303,217
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $13.1B
See more data about PKX stock on TipRanks’ Stock Analysis page.
