Posco Holdings 2023 Rev KRW77.127T Vs. KRW84.750T >005490.SE [MarketWatch]
POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX)
US:NYSE Investor Relations:
posco.com/homepage/docs/eng5/jsp/invest/archive/s91b6010071l.jsp
Company Research
Source: MarketWatch
The South Korean steelmaker said Wednesday that lower prices for carbon steel and lithium products weighed on its flagship steel business and new battery-material business. Advertisement The company's net loss for the quarter ended December was 321 billion won ($241.5 million), according to Posco officials. That compared with net profit of KRW550 billion in the previous quarter and a net loss of KRW737 billion a year earlier, when flood damage hobbled its main steel mill, according to figures from FactSet. For the full year of 2023, revenue fell 9.0% to KRW77.127 trillion, operating profit dropped 27% to KRW3.531 trillion and net profit slumped 48% to KRW1.846 trillion. Posco officials told a post-earnings conference call Wednesday that they don't expect any meaningful increase in steel sales in 2024. The company aims to sell about 33 million tons of steel this year, a similar level to 2023, they said. Write to Kwanwoo Jun at kwanwoo.jun@wsj.com
Show less
Read more
Impact Snapshot
Event Time:
PKX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PKX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PKX alerts
High impacting POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) news events
Weekly update
A roundup of the hottest topics
PKX
News
- POSCO HOLDINGS INC. Files its Annual Report on Form 20-FPR Newswire
- Asia-Pacific $769 Mn Next-Generation Anode Materials Markets, 2023-2024 & 2032: Growing Demand for Solid-State Lithium-Metal Batteries, Creating Resilient Binders for Assuring the Stability of Silicon Anodes [Yahoo! Finance]Yahoo! Finance
- Benefits gained via regional coordination [Yahoo! Finance]Yahoo! Finance
- Honda and Posco sign MoU for Canadian cathode JV [Yahoo! Finance]Yahoo! Finance
- POSCO Holdings Inc. (NYSE: PKX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
PKX
Sec Filings
- 4/29/24 - Form 20-F
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- PKX's page on the SEC website