POSCO Holdings Q2 Operating Profit Drops 38.1 Percent to 1.3 Trillion Won

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On Tuesday, POSCO Holdings Inc. estimated their second-quarter operating earnings to be 1.3 trillion won (US$1 billion), a 38.1 percent decrease from the same time last year.

Revenue also dropped 12.6 percent to 20.1 trillion won, and the net income data was not available.

The operating profit was 6.6 percent higher than what was predicted in a survey conducted by Yonhap Infomax, the financial data firm of Yonhap News Agency.

A final earnings report will be released at a later date.
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UZA News

The third conference on intellectual property of the countries participating in the Belt and Road Initiative was successfully held in Beijing, with the participation of a delegation from Uzbekistan led by Deputy Minister of Justice Muzraf Ikramov. The conference, organized by the China National Intellectual Property Administration and the World Intellectual Property Organization (WIPO), focused on strengthening regional cooperation in intellectual property and exploring ways to promote innovation and creativity through financial opportunities. The participating countries agreed to prioritize openness, solidarity, mutually beneficial cooperation, and the development of intellectual property within the Belt and Road Initiative. Norgul Abduraimova from UzA also attended the conference.

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