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|View PKX Detailed Price Forecast - CNN Money||View PKX Detailed Summary - Google Finance|
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|View the Analyst Estimates for PKX - MarketWatch||View the Earnings History for PKX - CNBC|
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POSCO's (PKX) Q1 Earnings, Revenues Rise Y/Y, '18 View Solid
Posted on Wednesday April 25, 2018
POSCO's (PKX) first-quarter 2018 earnings gain from healthy operating profits from steel and non-steel businesses and lower impairment loss of assets. Crude steel production rises year over year.
South Korean steelmaker POSCO says operating profit up 9 percent in first quarter
Posted on Tuesday April 24, 2018
South Korean steelmaker POSCO <005490.KS> on Tuesday said its operating profit for the first quarter of 2018 rose 9 percent from a year ago on firm steel demand and favourable market conditions, beating analyst estimates. The world's fifth-biggest steelmaker said in a statement that it expected steel demand to keep growing thanks to "sustained restructuring in China's steel industry and expectations of recovery in emerging market growth". POSCO posted a consolidated operating profit of 1.49 trillion won (993.4 million pounds) for the January-to-March period, compared with 1.37 trillion won a year earlier and an average estimate of 1.37 trillion won from 16 analysts polled by Reuters.
CEO of South Korean steelmaker POSCO to step down early
Posted on Tuesday April 17, 2018
The chief executive of South Korean steelmaker POSCO will step down before his term ends in 2020 as he is keen for a younger person to lead the firm, the company said on Wednesday. Kwon Oh-joon, 69, offered his resignation at an emergency board meeting, but will stay in the post until the company appoints a new chief, a spokesman said. Kwon took over as CEO of the country's top steelmaker in March 2014.
[$$] Chief executive of South Korean steelmaker Posco offers to step down
Posted on Tuesday April 17, 2018
The chairman of Posco has offered to resign after leading the South Korean steelmaker’s successful restructuring over the past four years, amid media speculation that he was pressured by the government to step down. Kwon Oh-joon, 69, made the offer at an emergency board meeting on Wednesday, saying that a new, young leader should lead the company for future growth, according to a Posco spokesman. Mr Kwon took the helm of Posco in 2014 and was reappointed last year as the company’s chief executive for another three-year term until March 2020.