Posco Holdings expected to post 332.39 billion won net profit in first quarter
Updated
Updated · MarketWatch · Apr 29
Posco Holdings expected to post 332.39 billion won net profit in first quarter
3 articles · Updated · MarketWatch · Apr 29
Summary
Analysts forecast Posco Holdings will return to profit with 332.39 billion won net profit and 17.37 trillion won revenue for Q1 2026, after a net loss in the previous quarter.
The projected net profit marks a 10% year-on-year increase, driven by higher steel prices, antidumping duties on Chinese and Japanese imports, and output cuts by Chinese steelmakers.
Posco's battery-material, natural-gas, and construction affiliates are also expected to show improved profitability, while company shares have surged over 50% in 2026, tracking the benchmark Kospi index.