[Breaking] POSCO Future M Posts Q2 Operating Profit of KRW 26.7 Billion... Up 3,351% Year-on-Year
POSCO Future M achieved an operating profit of KRW 26.7 billion on a consolidated basis in the second quarter, recording an overwhelming year-on-year improvemen
![[Breaking] POSCO Future M Posts Q2 Operating Profit of KRW 26.7 Billion... Up 3,351% Year-on-Year](/_next/image?url=https%3A%2F%2Fmedia.cbcglobe.com%2Ftenants%2Fcbc00000-0000-4000-8000-000000000001%2Fmedia%2Fcbc%2F2026%2F07%2F589778%2Fec923b3971f7148e%2Foriginal.webp&w=1920&q=75)
POSCO Future M achieved an operating profit of KRW 26.7 billion on a consolidated basis in the second quarter, recording an overwhelming year-on-year improvement in performance.
According to the consolidated (preliminary) financial statements disclosed by POSCO Future M on the 30th, revenue for the second quarter of 2026 totaled KRW 679.5 billion, with operating profit reaching KRW 26.7 billion.
- Key performance indicators for the second quarter are as follows:
- Revenue: KRW 679.5 billion (down 10.3% from the previous quarter's KRW 757.5 billion, but up 2.8% from KRW 660.9 billion in the same period last year)
- Operating Profit: KRW 26.7 billion (up 50.8% from the previous quarter's KRW 17.7 billion, and surging 3,351.2% from KRW 800 million in the same period last year)
- Profit from Continuing Operations before Income Tax Expense: KRW 25.4 billion (up 153.6% from the previous quarter, turning to profit from a loss of KRW 43.9 billion in the same period last year)
- Net Income: KRW 24.7 billion (up 292.4% from the previous quarter, returning to profit from a loss of KRW 35.5 billion in the same period last year)
- Net Income Attributable to Owners of the Parent Company: KRW 23.1 billion (up 770.2% from the previous quarter, turning to profit from a loss of KRW 35.6 billion in the same period last year)
Cumulative performance for the first half of the year also showed significant year-on-year growth across most metrics. First-half revenue stood at KRW 1.4369 trillion, down 4.6% from the same period last year. However, operating profit surged 147.7% to KRW 44.4 billion, and profit from continuing operations before income tax expense rose 108.4% to KRW 35.4 billion. Additionally, net income reached KRW 30.9 billion (up 131.2%), and net income attributable to owners of the parent company recorded KRW 25.8 billion (up 100.7%).
Meanwhile, POSCO Future M noted that these figures are preliminary consolidated results prepared in accordance with the Korean International Financial Reporting Standards (K-IFRS). As the data has not yet undergone an external audit, the figures may be subject to change following the official audit process.
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