POSCO Reports Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2012; Provides Revenue Guidance for the Year 2012
POSCO reported unaudited consolidated earnings results for the second quarter ended June 30, 2012. For the quarter, the company reported revenue of KRW 16,488 billion compared to KRW 17,047 billion a year ago. Operating profit was KRW 1,065 billion compared to KRW 1,746 billion a year ago. Net profit was KRW 466 billion compared to KRW 1,372 billion a year ago. Net profit attributable to owners of the controlling company was KRW 509 billion compared to KRW 1,323 billion a year ago.
The company provided revenue guidance for the year 2012. For the year, the company expects revenue of KRW 70.4 million compared to KRW 68.9 million in 2011.