January 30, 2015 2:45 PM ET

Metals and Mining

Company Overview of POSCO

Company Overview

POSCO, together with its subsidiaries, manufactures and sells steel rolled products and plates. It operates through four segments: Steel, Trading, Construction, and Others. The Steel segment offers hot and cold rolled products, steel plates, wire rods, galvanized steel products, and electrical and stainless steel products for use in the automobile, machinery, nuclear power plant, ship-building, aeronautic, and electronics industries. The Trading segment exports and imports a range of steel products and raw materials. The Construction segment is engaged in planning, designing, and constructing industrial plants, civil engineering projects, and commercial and residential buildings in South Kor...

POSCO Center

892 Daechi 4 Dong

Gangnam-Gu

Seoul,  135-284

South Korea

Founded in 1968

Key Executives for POSCO

Senior Executive Vice President
Age: 59
Total Annual Compensation: $588.0M
Senior Executive Vice President and Head of Corporate Staff Division
Age: 60
Total Annual Compensation: $576.0M
Compensation as of Fiscal Year 2013.

POSCO Key Developments

POSCO Announces Unaudited Consolidated and Standalone Earnings Results for the Fiscal Year 2014

POSCO announced unaudited consolidated and standalone earnings results for the fiscal year 2014. For the year, on consolidated basis, sales were KRW 65,098,445,304,000 compared to KRW 61,864,649,859,000 a year ago. Operating income was KRW 3,213,530,266,000 compared to KRW 2,996,133,864,000 a year ago. Earnings before tax was KRW 1,378,144,332,000 compared to KRW 1,946,176,840,000 a year ago. Net income was KRW 556,659,146,000 compared to KRW 1,355,180,338,000 a year ago. For the year, on standalone basis, sales were KRW 29,218,854,000 compared to KRW 30,543,545,000 a year ago. Operating income was KRW 2,350,035,000 compared to KRW 2,215,133,000 a year ago. Earnings before tax was KRW 1,721,393,000 compared to KRW 1,985,295,000 a year ago. Net income was KRW 1,138,958,000 compared to KRW 1,582,596,000 a year ago.

POSCO Declares Cash Dividend for the Year of 2014 Payable on April 2, 2015

POSCO declared cash dividend for the year ended 2014 of KRW 6,000 per share payable on April 2, 2015, to the shareholders of record as on December 31, 2014.

POSCO to Report Q4, 2014 Results on Jan 29, 2015

POSCO announced that they will report Q4, 2014 results on Jan 29, 2015

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 26, 2015
--
Merger/Acquisition
December 17, 2014
Adani Abbot Point Terminal Pty Ltd
Merger/Acquisition
December 15, 2014
POSCO SS-Vina Co., Ltd.
 

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