POSCO STEELEON said on the 30th that, on a consolidation basis, its operating profit for the first quarter fell 47.1% from a year earlier to 6.3 billion won, based on a preliminary tally.
Revenue rose 0.8% in the same period to 279.3 billion won, while net profit fell 31.7% to 6.9 billion won.
POSCO STEELEON is an affiliate of POSCO that produces and supplies galvanized steel sheets and color-coated steel sheets, including aluminum-coated steel sheets for automobiles and home appliances (ALCOSTA).
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