[Featured Stock] POSCO Inter Rises 5% on Expectations of Profitability Expansion

POSCO International is showing strong performance in the early trading session. This is interpreted as being influenced by securities firms' forecasts that profitability will grow despite the economic downturn.

As of 9:16 AM on the 5th, POSCO International is trading at 32,850 KRW, up 5.63% from the previous trading day.

Daishin Securities estimated in a report on the same day that POSCO International's sales this year will reach 37.5 trillion KRW, with an operating profit of 1.27 trillion KRW. While sales are expected to decrease by 10.1% compared to the previous year, operating profit is projected to increase by 7.9%.