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KRX:047050

4 stories mentioning KRX:047050Updated 8d ago

Every FINWIRES story that references KRX:047050, newest first.

Asia

Posco International Q2 Net Income Soars 166%, Sales Up 18%

Posco International (KRX:047050) posted a 166% year-over-year increase in net income attributable to shareholders of the parent company to 238.4 billion won from 89.8 billion won for the second quarter.The trading and energy company's sales rose 18% to 9.62 trillion won from 8.13 trillion won for the three months ended June 30, according to a Korea Exchange filing on Thursday.For the first half, cumulative net income attributable to shareholders was 503.8 billion won, up 74% from 289.5 billion won in the prior-year period, while revenue grew 11% to 18.03 trillion won.

KRX:047050
Asia

POSCO International Files for Singapore Listing of $500 Million Bonds

POSCO International (KRX:047050) filed for the listing of $500 million worth of 5.125% bonds due 2031 on the Singapore bourse, according to a filing with the Singapore Exchange on Monday.The bonds will be listed and quoted on the Bonds Market on June 30, the filing stated.

^STIKRX:047050
Asia

Market Chatter: POSCO International Completes Acquisition of Indonesian Palm Oil Company

POSCO International (KRX:047050) completed the acquisition of Indonesian palm oil company, Sampoerna Agro, according to a report by The Pulse on Friday.Following the acquisition, the palm producer has been renamed to PT. PAR, the report added.The company has investment around 1.3 trillion won to secure management control of the Indonesian company, the report noted.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^JKSEKRX:047050
Asia

Posco International Signs LNG Terminal, Pipeline Agreement with KEPCO Subsidiary

Posco International (KRX:047050) secured a head of agreement for the use of a liquefied natural gas (LNG) terminal and direct pipeline from Korea Electric Power Corporation (KRX:015760) subsidiary Korea Southern Power, according to a Thursday filing with the Korea Exchange.The contract, valued at 975.1 billion won, is valid till Dec. 31, 2059.Shares of Posco International fell more than 2% in recent trade.

KRX:015760KRX:047050

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