Wednesday, April 19, 2017

POSCO turnaround ... "Now start rising as well."



[Gimdohyeon Korea financial newspaper reporter] had a laugh with wide POSCO, POSCO E & C is a successful turnaround.

POSCO has announced that on the 18th the first quarter sales and operating profit of 15.0772 trillion won, respectively, recorded 1.365 trillion won. As of the fourth quarter of last year, POSCO E & C suffered an operating loss of 307.7 billion won recorded an operating profit of 135.8 billion won in the first quarter and ilgwonaetda the reverse.

POSCO E & C recorded an operating loss of 509 billion won last year. Last year, new orders decreased here as well as to performance while sharply compared to the previous year (12.5056 trillion won) to 7.8041 trillion won project area. The entire workforce size were also trunks 10.4% during the year.

In the construction industry has been a surprise to the POSCO embellish a turnaround report table.

The POSCO official said, "We do our best efforts to enhance profitability," he said, "dig a quality project, and it is a fine finish from the loss of a large project could help sales" for.

POSCO E & C 'Song Sen Topia deosyap,' 'Sen dongsak deosyap Topia', got ahead of the pre-sale such as' Pangyo deosyap First Park "is expected to continue rising.

The Kim Ga-young nice credit ratings, senior researcher "Last year, can be a base effect due to a large loss of awareness," he said, "and watch to a time where I lost is difficult to estimate the exact time of completion."

Finally, "The first quarter alone can not make sure to rise maintain constant monitoring is needed," it gave a cautious assessment.



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