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.