POSCO Future M Co. on Thursday reported its first-quarter net income of 40.2 billion won (US$30 million), up 11.7 percent from a year earlier.
The company said in a regulatory filing that operating profit for the January-March period fell 20.7 percent on-year to 20.3 billion won. Revenue increased 70.8 percent to 1.13 trillion won.
Source: Yonhap News Agency