POSCO International Q2 Net Profit Decreases 6.5 Percent to 220.5 Billion Won

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On Monday, POSCO International reported a second-quarter net income of 220.5 billion won (US$171.2 million), a 6.5 percent decrease from the same period a year prior.

The company stated in a regulatory filing that operating income for the April-June period increased 11.4 percent year-on-year to 357.2 billion won, while sales declined 19.9 percent to 8.86 trillion won.

The earnings exceeded market expectations, with the average net profit estimate by analysts standing at 205.2 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
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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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