POSCO Holdings Q2 2025 Earnings Report
SEC Filing 6-K (0001193125-25-170159)
POSCO Holdings Inc. reported its Q2 2025 earnings, showing a revenue of KRW 17.56 trillion, a slight increase of 0.7% compared to Q1 2025 but a decrease of 5.1% compared to Q2 2024. Operating profit was KRW 0.61 trillion, up 7.0% from Q1 2025 but down 18.7% from Q2 2024. Profit before income tax was KRW 0.23 trillion, a significant drop of 54.9% from Q1 2025 and 68.1% from Q2 2024. Net profit attributable to owners of the controlling company was KRW 0.16 trillion, down 46.7% from Q1 2025 and 69.8% from Q2 2024. The report highlights challenges in the steel sector, including slow global demand and trade protectionism, but notes progress in cost-cutting efforts and high-value product development. The company also provided updates on its portfolio management and rechargeable battery materials business.