Quarterly UpdatesApr 30, 2026, 11:13 AM
PKX Subsidiary POSCO Q1 2026 Provisional Revenue KRW 8.94T
AI Summary
POSCO HOLDINGS' subsidiary POSCO reported provisional earnings for Q1 2026. Revenue increased by 7.7% quarter-over-quarter to KRW 8.94 trillion but saw a slight decrease of 0.4% year-over-year. Operating profit declined significantly by 36.6% from Q4 2025 and 38.4% from Q1 2025, reaching KRW 0.21 trillion. Net profit also decreased by 20.9% QoQ and 18.2% YoY to KRW 0.18 trillion, while profit before income tax showed a 10.6% QoQ increase but a 14.3% YoY decline. These figures are provisional and subject to change after auditor review.
Key Highlights
- POSCO's Q1 2026 provisional revenue was KRW 8.94 trillion, up 7.7% from Q4 2025 but down 0.4% from Q1 2025.
- Operating profit for Q1 2026 was KRW 0.21 trillion, a decrease of 36.6% from Q4 2025 and 38.4% from Q1 2025.
- Profit before income tax reached KRW 0.24 trillion in Q1 2026, up 10.6% from Q4 2025 but down 14.3% from Q1 2025.
- Net profit for Q1 2026 was KRW 0.18 trillion, down 20.9% from Q4 2025 and 18.2% from Q1 2025.
- The reported earnings are provisional and based on K-IFRS, pending independent auditors' review.