Posco International (047050) Q2 2025 earnings summary

Executive summary

• Year-over-year profit declined due to strong E&P but weak power generation business.

• Financial stability improved with lower debt and net debt ratio.

Financial highlights

• Sales for 2Q 2025 were KRW 8,144B, down 1.7% YoY.

• Operating profit for 2Q 2025 was KRW 314B, down 10.3% YoY.

• Net income for 2Q 2025 was KRW 91B, a 52.3% YoY decrease.

• EBITDA for 2Q 2025 was KRW 442B, up 8.7% YoY.

Outlook and guidance

• Ongoing growth in energy business through full value chain integration, including Myanmar gas field expansion and LNG shipping.

• Strategic alignment with government renewable energy policies, with expansion into offshore wind, solar, and hydrogen projects.

• Palm oil refinery in Indonesia to commence commercial operations by end of 2025, supporting future profit growth.