Posco profit defies fall in exports

Article Abstract:

Pohang Iron & Steel Co. (Posco) posted more than 500 million euros in provisional net profits for the first-half of 1999. The South Korean steel manufacturer posted the net profits as it was engaged in a corporate restructuring and as it faces a fall in steel prices around the world. Posco, the largest steel maker in the world, posted 684 billion won (559.1 million) in provisional net profits for the first six months of 1999.

Comment:

Posts more than 500 million euros in provisional net profits for first-half of 1999

Abstract

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Posco profit tumbles 51%, prompting lower targets

Article Abstract:

Pohang Iron and Steel Co. posted a decline of 51% in its net profits for the 2001 first-quarter. The company posted 172 billion won (147.3 million euros) in net profits for the period.

Blast Furnace and Basic Steel Products

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Samsung unit sees net profit soar due to brisk sales

Article Abstract:

Samsung Electronics Co. posted an increase of 89% in its net profits for the 2000 year. The company posted 6.004 trillion won (4.95 billion euros) for the year.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Electrical & Electronic Equip, Electrical Equipment, Appliance, and Component Manufacturing, Electrical equipment and supplies industry, Electric equipment industry, Samsung Electronics Company Ltd.

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