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Logo of Phnom Penh Post newspaper Phnom Penh Post - Posco operating profit increases by 26.9pc

Posco operating profit increases by 26.9pc

| Publication date 20 July 2010 | 08:00 ICT

Posco operating profit increases by 26.9pc

KOREAN steelmaker Posco reported second quarter operating profit grew 26.9 percent on the previous quarter, totalling US$1.5 billion in revenue. Its subsidiary Posco Engineering and Construction is developing $300 million Star River in Phnom Penh. Posco said the strong results were “backed by a revitalised steel market ... and increasing export to emerging markets”.

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