Driven by Lithium and LNG… POSCO Holdings' Q2 Operating Profit Reaches 819 Billion Won

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POSCO Holdings recorded sales of 19.259 trillion won and an operating profit of 819 billion won in the second quarter. The turnaround to profitability in the secondary battery materials business and strong performance in the infrastructure sector led to the improved results, and the company is pursuing a management efficiency plan to secure 3.5 trillion won in cash by 2028 through the divestment of non-core assets.

ddaily.co.kr

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[Digital Daily Reporter Kim Yoo-jin] POSCO Holdings boosted profitability in the second quarter of this year as performance improved across all business sectors, including steel, secondary battery materials, and infrastructure. In particular, the turnaround to profitability in the lithium business and POSCO International's record-high quarterly operating profit supported the improved results. POSCO Holdings announced that it recorded sales of 1…