Posco M-Tech Swings to Loss in Q2

MT Newswires Live
Aug 04

Posco M-Tech (KOSDAQ:009520) posted a second-quarter net loss attributable to shareholders of 3.60 billion won, swinging from a net income attributable to shareholders of 1.86 billion won a year earlier, according to a Monday filing with the Korea Exchange.

The steel raw materials and packing materials manufacturer's sales jumped 11% year over year to 89.3 billion won from 80.6 billion won.

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