"POSCO urgent, non-steel businesses improve profitability," Korea Investment & Securities

[Korea goyounghun financial newspaper reporter] Korea Investment & Securities is the most important challenge for the 31st Posco has kept a target price of 360,000 won on the said investment to improve the non-steel business profitability BUY.

POSCO is the first consolidated interim operating profit of 1.2 trillion won to achieve the expected earnings surprise to see the market outlook or above 37.4%.

Korea Investment & Securities choemunseon researchers said, "Spread the rise of the steel part of the two major subsidiaries, including the construction of significant improvements to the driving force dwaeteuna expected," "The first quarter aspect this has changed as much out an earnings surprise due to the earnings of the subsidiary" he says.

Choi researchers are judged on the "yet to be convinced about the sustainability, but it is clear that the eliminated part acting as a weakness so far," said, "This week a positive impact, reflecting the improvement subsidiaries than-expected 2017 and the return on equity (ROE) and forecast upward from 6.2% to 6.7%, "he said.

As he followed saying, "by 2019 over the next three years a unique technology-based steel business advancement, improved non-steel business profitability between future growth promotion, group work smart screen key initiatives, such as four kinds is an important strategy," "Kwon Ohjun President of the most important challenges because non-steel businesses cited improved profitability in subsidiaries and forecasts, it is necessary to increase the interest. "



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