POSCO International on Thursday reported its first-quarter net income of 182.8 billion won (US$132.8 million), down 4.4 percent from a year earlier. Operating income for the January-March period was 265.4 billion won, down 5.1 percent from a year ago, the company said in a regulatory filing. Revenue fell 6.6 percent to 7.76 trillion won. Source: Yonhap News Agency