Posco said it expected the fourth-quarter outlook to be tougher “as the global financial crisis will slow steel demand growth from the auto and construction sectors, while higher input costs and a tumbling won currency will add further pressure”.
But it said third-quarter net profit rose 40 per cent to Won1,219bn ($1bn) from Won871bn a year ago, on record sales of Won8,813bn. The steelmaker has reduced production costs by more than Won570bn this year.
Posco said the strong results had prompted it to raise its operating profit target for this year by 16 per cent to Won6,600bn.
您已閱讀50%（580字），剩余50%（576字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。