3Q 2020 Earnings Release
October 23, 2020
Disclaimer
This presentation was prepared and circulated to release the informations regarding the company's business performance to shareholders and investors prior to the completion of independent auditing for the period of the third quarter of 2020. As figures in this presentation are based on unaudited financial statements, certain contents may be subject to modification in the course of independent auditing process.
This presentation contains certain forward-looking statements relating to the business, financial performance and results of the company and/or the industry in which it operates. The forward-looking statements set forth herein concern future circumstances and results and other statements that not historical facts, and are solely opinions and forecasts which are uncertain and subject to risks. Therefore, the recipients of this presentation shall be aware of that the forward-looking statements set forth herein may not correspond to the actual business performance of the company due to changes and risks in business environments and conditions.
The sole purpose of this presentation is to assist persons in deciding whether they wish to proceed with certain investments to the company. The company does not make any representation or warrant, expressly or impliedly, as to the accuracy and completeness of this presentation or of the information contained herein and shall not have any liability for the information contained in this presentation.
3Q20 Earnings Release │ Oct 23, 2020
Contents
- 3Q 2020 Business Performance
- Parent Performance
- Consolidated Performance
- Subsidiary Performance
- Key Business Activity
- 2020 Business Outlook
3Q20 Earnings Release │ Oct 23, 2020
4
Parent Performance_Production / Sales
Production
(thousand tons) | 9,554 | QoQ | ||
9,498 | +1,705 | |||
7,793 | ||||
Crude Steel | 9,038 | 8,903 | +1,051 | |
7,852 | ||||
Product
'19.3Q '20.2Q '20.3Q
- Production of crude steel and products recovered on
Gwangyang #3 Blast Furnace's operation start and rebound of order volume similar to 3Q19
·(Iron & Steel-making Processes) Operation of G) #3 Blast Furnace started on July 10 after revamping
- (Rolling Mills) Productionincreased with CR/CG order picked up
- HR +247, CR/CG +867, Plate +73 thousand tons, etc.
[Product Production]
(thousand tons) | '19.3Q | '20.2Q | '20.3Q | |
QoQ | ||||
Carbon | 8,536 | 7,460 | 8,478 | +1,018 |
STS | 502 | 392 | 425 | +33 |
Sales
(thousand tons, %) | QoQ | |||
8,952 | 8,894 | +1,132 | ||
Sales Volume | 7,762 | |||
Domestic | 55.6 | 54.5 | 53.6 | |
-0.9%p | ||||
Sales Ratio | ||||
WTP | 29.9 | 23.8 | 25.2 | +1.4%p |
Sales Ratio | ||||
'19.3Q | '20.2Q | '20.3Q |
- Shipments recorded 3Q19 level with strong sales of high margin products incl. CR/CG backed by demand recovery in auto sector
·Product sales increase (thousand tons) : CR/CG +735, HR +347, etc.
·WTP sales (thousand tons) : '20.2Q) 1,711 → 3Q) 2,142 (+431)
*Sales volume to auto industry (thousand tons): 464 → 750 (+286)
[Product Sales]
(thousand tons) | '19.3Q | '20.2Q | '20.3Q | |
QoQ | ||||
Domestic | 4,973 | 4,234 | 4,770 | +536 |
Export | 3,979 | 3,528 | 4,124 | +596 |
Inventory | 1,220 | 1,121 | 1,038 | -83 |
*WTP(World Top Premium) includes World First/World Best products
3Q20 Earnings Release │ Oct 23, 2020
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
POSCO published this content on 23 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 October 2020 01:44:04 UTC