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MarketScreener Homepage  >  Equities  >  Korea Stock Exchange  >  POSCO    A005490   KR7005490008

POSCO

(A005490)
  Report
End-of-day quote. End-of-day quote Korea Stock Exchange - 11/26
242500 KRW   -1.02%
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SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Posco : 3Q Net Profit Rose 3.5% on Year

10/22/2020 | 10:39pm EST

By Kwanwoo Jun

Posco's third-quarter net profit rose 3.5% from a year earlier, thanks to strong sales of high-margin steel products backed by a recovery in demand from the auto industry.

Net profit for the quarter ended September was 514.00 billion won ($452.8 million) compared with KRW496.80 billion in the same quarter a year earlier, the South Korean steelmaker said Friday. That beat a FactSet consensus forecast for net profit of KRW289.28 billion.

Revenue during the quarter fell 11% to KRW14.261 trillion, while operating profit dropped 36% to KRW666.70 billion.

The company said its steel segment swung to an operating profit in the third quarter from a loss in the prior quarter, as production and sales recovered to the pre-pandemic levels.

Increasing sales prices and lower raw-material costs also helped improve earnings in the steel business, it said.

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com

(END) Dow Jones Newswires

10-22-20 2238ET

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Financials
Sales 2020 57 702 B 52,2 B 52,2 B
Net income 2020 1 342 B 1,21 B 1,21 B
Net Debt 2020 8 912 B 8,07 B 8,07 B
P/E ratio 2020 15,1x
Yield 2020 3,25%
Capitalization 18 787 B 17 011 M 17 002 M
EV / Sales 2020 326x
EV / Sales 2021 309x
Nbr of Employees -
Free-Float 89,8%
Chart POSCO
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Technical analysis trends POSCO
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 27
Average target price 279 814,81 KRW
Last Close Price 239 500,00 KRW
Spread / Highest target 29,4%
Spread / Average Target 16,8%
Spread / Lowest Target 4,38%
EPS Revisions
Managers
NameTitle
Jeong-Woo Choi Co-Chief Executive Officer & Director
In-Hwa Chang Co-President, Co-CEO & Director
Seung-Kyu Lim Senior Managing Director & Head-Finance
Hag-Dong Kim Director & Senior Executive Vice President
Tak Jeong Director, Senior EVP & Head-Marketing
Sector and Competitors
1st jan.Capitalization (M$)
POSCO2.54%17 011
STEEL DYNAMICS, INC.10.61%7 920
GERDAU S.A.14.85%6 812
VOESTALPINE AG8.17%5 748
UNITED STATES STEEL CORPORATION26.03%3 207
MAANSHAN IRON & STEEL COMPANY LIMITED-26.90%3 122