Posco Steeleon swings to Q3 operating loss of KRW 300 million
PKX•Posco Steeleon posted a third-quarter operating loss of KRW 300 million, compared with a year-earlier profit of KRW 4.3 billion. Revenue rose 2.1% to KRW 281 billion, while net loss totaled KRW 600 million.
1. Third-quarter results
Posco Steeleon reported a third-quarter 2026 operating loss of KRW 300 million, versus a profit of KRW 4.3 billion a year earlier. Revenue rose 2.1% year over year to KRW 281 billion but fell 4.2% from the previous quarter. The company recorded a net loss of KRW 600 million, compared with a year-earlier profit of KRW 3.8 billion.
2. Nine-month profit
For January through September 2026, operating profit declined 17.9% to KRW 14.7 billion.
