BNET Industries
Market Cap:$43.5B
Last Fiscal Year Sales:$34.7B
- Public
Dow Jones Description
POSCO proves that, even in Korea, old monopolies can modernize. Founded in 1968 and headquartered in Seoul, South Korea, POSCO (NYSE: PKX (ADR); SEO: 005490) manufactures and sells steel products. The company produces 31 million tons annually, sold mostly to the auto and shipbuilding industries. It makes plate steel, stainless steel, electrical steel, and wire rods. Its stainless steel products are sold to buyers in the chemical, paper mills, aviation, automobile, construction, and food processing industries. The company has annual revenue of about $27.3 billion and employs about 28,853 people. Among the awards the company received in 2005 were Business Week's ranking of No. 6 on the list of The Best Asian Performers and Forbes' selection as One of Asia's Fab 50 Companies.
Number of Employees 1,000
Contact Information
1 Koedong-Dong Nam-Gu
Kyongsangbuk-Do
Pohang 790-600
(82) 54 220 0114
Peer Companies
NAICS Code All Other Petroleum and Coal Products Manufacturing: 324199
Recent Events
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POSCO NOT INTERESTED IN DAEWOO SHIPBUILDING: CEO
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POSCOE&C-IPO/URGENT
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POSCO BUILDS STEEL PLANT IN VIETNAM TO MEET GROWING DEMAND
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S. KOREAN CO POSCO Q3 NET SLIPS 6.3 PCT ON LOWER STEEL PRICES
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Seoul shares hit 2-mth low; POSCO dives on Q4 woes
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Asia Markets Await U.S. Earnings
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Goldman Sachs Upgraded POSCO PKX to Conviction Buy
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RPT-UPDATE 1-Thainox big shareholder in sale talks, stock surges
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Korea, South:POSCO in talks to acquire the largest stainless steel producer in Thailand
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South Korean Market Trades Firm; Shipbuilders, Steel Stocks Rally
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South Korea Freight Transport: Overall Freight Carried Will Grow By A Reduced Annual Average Of...
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S.KOREA STEELMAKER POSCO TO LAUNCH TITANIUM JV IN KAZAKHSTAN
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Seoul shares seen lower; SK Telecom, POSCO eyed
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David Moenning's Daily State of the Markets: Different This Time Around?
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Seoul shares retreat on exporters, energy issues
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Posco joins hands with Jupiter
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POSCO expands auto steel processing plant in Japan
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Korean Market Recovers After Setback; Banks Rally
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POSCO Power Orders 30.8 MW of FuelCell Energy Modules and Components With Estimated Value of...
News & Analysis
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posco and samsung electronics co. ltd. - All News and Analysis
WORLD MARKETS: Seoul
- 2006-05-04
Shares ended flat as a surging won sparked a late sell-off of exporters such as Samsung Electronics, which offset gains among firms such as POSCO that benefit from a stronger local currency. The benchmark Korea Composite Stock Price Index KOSPI ended up 0.02 per cent at 1,435.17. The Tokyo stock...
US-traded Korean stocks POSCO (NYSE PKX) and MSCI Korea Index Fund (AMEX EWY) will benefit from upcoming six-country summit on North Korea nuclear weapons.
- 2003-08-19
M2 PRESSWIRE-19 August 2003-Korean Stock Market Newsletter: US-traded Korean stocks POSCO NYSE PKX and MSCI Korea Index Fund AMEX EWY will benefit from upcoming six-country summit on North Korea nuclear weaponsC1994-2003 M2 COMMUNICATIONS LTD RDATE:08192003 Seoul, Korea and Boston, United States...
KOREAN FIRMS' PROFITS EXPECTED TO FALL IN Q2.
- 2003-07-01
SEOUL, July 1 Asia Pulse - A weak ahead of "earning season," when South Korean and U.S. companies release their quarterly business results, Korean firms are projected to have less profits in the second quarter, according to the Korea Stock Exchange KSE Tuesday. The KSE said POSCO (KSE:05490)...
Eroding value.
- 2003-06-10
Jun 10, 2003 (Far Eastern Economic Review - ABIX via COMTEX) A Korea Stock Exchange survey shows that investors value the country's firms at about half of the value of their assets. The poor valuations may be justified. The Korean won has been rising against...
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| Volume | 221,383 |
| Shares Outstanding | 348.7M |
| Market Cap | 43.5B |
| Year High | 150.50 |
| Year Low | 47.090 |
| Earnings Per Share | 13.17 |
| P/E Ratio | 9.4860 |
| Dividend | 1.30 |
| Yield | 1.0473 |
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