Posco Holdings Inc.PKX
What Posco Holdings Inc. does.
We are a holding company, and we operate through our consolidated subsidiaries including POSCO, one of the largest steel producers in the world. We also engage in businesses that complement our steel manufacturing operations and also carefully seek out promising investment opportunities to diversify our businesses both vertically and horizontally. One of our principal strategies is to take advantage of our holding company structure to invest in promising businesses. We have made investments in the past decade to secure new growth engines by diversifying into new businesses related to our steel operations that we believe will offer greater potential returns, as well as entering into new businesses not related to our steel operations.
Infrastructure Business. Our Infrastructure Business includes our businesses related to provision of infrastructure and related services. Such business is divided into three segments as follows:
Trading Segment. The Trading Segment of our Infrastructure Business consists primarily of the global trading activities, natural resources development activities and power generation activities of POSCO INTERNATIONAL. POSCO INTERNATIONAL exports and imports a wide range of steel products that are both obtained from and supplied to POSCO, as well as steel and other products from and to other suppliers and purchasers in Korea and overseas. On January 1, 2023, POSCO Energy, Korea’s largest domestic private power utility company and a provider of alternative low-carbon energy solutions, merged into POSCO INTERNATIONAL.
Revenue and profit, by fiscal year.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | $64.79T | $57.47T | $76.01T | $85.00T | $77.06T | $73.46T |
| Net income | $1.86T | $1.58T | $6.61T | $3.16T | $1.70T | $1.13T |
| Free cash flow | $3.49T | $5.53T | $3.19T | $1.26T | -$565.6B | -$1.01T |
More on PKX.
- Posco Holdings Inc. summary
- Posco Holdings Inc. financial statements
- Posco Holdings Inc. key metrics
- Posco Holdings Inc. health scores and style box
- Posco Holdings Inc. earnings
- Posco Holdings Inc. dividends
- Posco Holdings Inc. valuation
- Posco Holdings Inc. ownership and insiders
- Posco Holdings Inc. peers
Figures from Posco Holdings Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.