POSCO International Q4 net profit down 21.1 pct to 73.4 bln won

SEOUL, POSCO International on Wednesday reported its fourth-quarter net income of 73.4 billion won (US$55 million), down 21.1 percent from a year earlier. The company said in a regulatory filing that it posted 214.6 billion won in operating profit for the quarter, compared with 168.8 billion won a year ago. Sales fell 0.7 percent to 7.9 trillion won. Source: Yonhap News Agency