This presentation contains certain forward-looking statements relating to the business, financial performance and results of the company and/or the industry in which it operates. The forward-looking statements set forth herein concern future circumstances and results and other statements that not historical facts, and are solely opinions and forecasts which are uncertain and subject to risks. Therefore, the recipients of this presentation shall be aware of that the forward-looking statements set forth herein may not correspond to the actual business performance of the company due to changes and risks in business environments and conditions.
The sole purpose of this presentation is to assist persons in deciding whether they wish to proceed with certain investments to the company. The company does not make any representation or warranty, expressly or impliedly, as to the accuracy and completeness of this presentation or of the information contained herein and shall not have any liability for the informations contained in this presentation.
IR Material │ Sep 21, 2020
Contents
2Q 2020 Business Performance
Parent Performance
Consolidated Performance
Subsidiary Performance
Key Business Activities
IR Material │ Sep 21, 2020
4
Parent Performance_Production / Sales
Production
(thousand tons)
QoQ
9,444
9,066
Crude Steel
8,856
7,793
-1,273
8,723
-872
7,851
Product
'19.2Q '20.1Q '20.2Q
In response to weakened demand due to COVID-19, minimized impact from production decrease by adopting flexible production and sales system
(Iron & Steel-making Processes) Restart of Gwangyang #3 Blast Furnace postponed from June to July and adjust HMR(Hot Metal Ratio) flexibly
Sales volume declined from sluggish market while product inventory maintained last quarter level
Product sales decrease (thousandtons) : CR -718, Plate -128, etc.
WTP sales (thousandtons) : '20.1Q) 2,267 → '20.2Q) 1,711(-556)
*WTP sales reduced especially to automobile sector
[Product Sales]
(thousand tons)
'19.2Q
'20.1Q
'20.2Q
QoQ
Domestic
5,024
4,728
4,234
-494
Export
3,722
3,892
3,528
-364
Inventory
1,227
1,107
1,121
+14
*WTP(World Top Premium) includes World First/World Best products
IR Material │ Sep 21, 2020
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POSCO published this content on 21 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 September 2020 06:39:00 UTC
Posco Holdings Inc, formerly Posco, is a Korea-based company principally engaged in the manufacture and distribution of steel products. The Company operates its business through four segments. The Steel segment produces and sells steel products such as hot rolled steel, cold rolled steel, stainless steel, among others. The Trading segment engages in the global trade, including the export and import of steel products. The Engineering and Construction (E&C) segment plans, designs and builds industrial plants, civil engineering projects, commercial and residential buildings. The Other segment is engaged in the power plants, information and communication related services and other businesses.