Posco International (047050) Q3 2025 earnings summary

Executive summary

• Sales rose 1.3% year-over-year to KRW 8,248 billion in 3Q 2025, with operating profit up 11.6% to KRW 316 billion and net income up 11.7% to KRW 210 billion.

• Revenue for the first nine months of 2025 was KRW 24.5 trillion, down from KRW 32.3 trillion year-over-year, reflecting a challenging market environment and lower trading volumes.

• Operating income for the same period was KRW 899.7 billion, a decrease from KRW 1.12 trillion year-over-year.

• Net income attributable to controlling interests was KRW 493.4 billion, down from KRW 514.6 billion year-over-year.

• The company maintained a strong export focus, with 85.8% of sales from exports and three-country trade.

Financial highlights

• EBITDA increased 9.8% year-over-year to KRW 492 billion in 3Q 2025.

• Gross margin for the period was 5.95%, with gross profit of KRW 1.46 trillion.

• Basic earnings per share for the period was KRW 2,895, compared to KRW 3,019 year-over-year.

• Cash and cash equivalents grew 13.5% year-over-year to KRW 1,083 billion.

• Total assets stood at KRW 17.39 trillion, with total liabilities at KRW 9.97 trillion.

Outlook and guidance

• Senex gas production expansion expected to increase production by 33% and gas sales by 38% in 2025 compared to 2023.

• Gwangyang LNG Terminal expansion on track for completion in 3Q 2026, supporting long-term growth.

• Global EV motor core sales target set at 7.5 million units through expanded production and new plants.

• The company is focused on strengthening its LNG value chain, expanding investments in LNG terminals, and increasing upstream gas production.

• Ongoing expansion in global mobility (motor core) and palm oil value chains is expected to support future growth.