Hyundai Steel Reports Operating Profit In Q1; Sales Up 3.2%
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Hyundai Steel Reports Operating Profit In Q1; Sales Up 3.2%
April 24, 2026 — 01:54 am EDT
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(RTTNews) - Hyundai Steel (004020.KS) reported a first quarter net loss attributable to shareholders of parent company of 41.0 billion Korean won compared to a loss of 55.1 billion won, prior year. The company said it posted a loss as FX surge and raw material costs offset volume growth in sales. Operating income was 15.7 billion won compared to a loss of 19.0 billion won, previous year.
First quarter sales were 5.74 trillion Korean won, up 3.2% from last year.
Shares of Hyundai Steel are trading at 40,850 Korean won, down 0.97%.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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