Key updates included an agreement with Anson Resources on a DLE lithium demo plant in Utah, groundbreaking for a Pohang LFP cathode plant, and completion of a 2.5Mtpa EAF at Gwangyang.
Q2 2026 earnings and margins improve QoQ
POSCO Holdings posted Q2 2026 revenue of KRW 19.26 trillion, up 7.7% from Q1, while operating profit rose 15.9% to KRW 0.82 trillion.
Profit attributable to owners of the controlling company climbed 46.6% from Q1 to KRW 0.68 trillion, as profit before income tax increased 20.4% to KRW 0.91 trillion.
Operating margin widened 0.3 percentage points from Q1 to 4.3%, while net debt rose KRW 742 billion to KRW 16.11 trillion.
Steel revenue increased to KRW 15.39 trillion from Q1, while rechargeable battery materials returned to operating profit of KRW 41 billion.
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