POSCO (PKX) has released an update.
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POSCO Holdings Inc. has reported a mixed set of provisional financial results for the second quarter of 2024, with revenue showing a decline compared to both the previous quarter and the same period last year, while operating profit, profit before income tax, and net profit have seen significant increases over the first quarter but decreases when compared year-over-year. The reported figures are preliminary and based on Korean International Financial Reporting Standards (K-IFRS); they are subject to change following an independent audit. The company has communicated this financial information as part of its regulatory filings with the Securities and Exchange Commission.
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