Posco Steeleon (KRX:058430) posted second-quarter net income attributable to shareholders of 3.70 billion won, down 66% from 10.8 billion won a year earlier, according to a Thursday filing with the Korea Exchange.
The coated steel products manufacturer's sales also fell 14% year over year to 284.1 billion won from 328.4 billion won.
Shares of Posco Steeleon declined 3% at market close.
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