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POSCO Daewoo’s Q2 operating profit drops

July 21, 2016 - 17:50 By 정민경
[DISCLOSURE] POSCO Daewoo (047050) reported on July 21 that its second quarter profit declined 5.25 percent to 82.23 billion won (US$72.34 million). The firm added that its revenue also fell 18.19 percent to 3.85 trillion won, while net profit jumped 10.07 percent to 53.82 billion won.