Posco: Fourth Quarter Financial Overview
Posco Reports Fourth Quarter Financial Results
Based in Gangnam-gu, Seoul, South Korea, Posco announced on Thursday that it incurred a net loss of $155.3 million during the fourth quarter.
The company revealed that this equated to a loss of 61 cents per share for the quarter.
During this period, Posco generated $11.62 billion in revenue.
Looking at the full year, Posco achieved a net profit of $463.2 million, translating to earnings of $1.43 per share, with total annual revenue reaching $48.64 billion.
Financial data for this article was compiled by Automated Insights using information from Zacks Investment Research.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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