January 25, 2017
Figures in this presentation are based on unaudited financial statements of the company.
Certain contents in this presentation are subject to change during the course of auditing process.
2016 Operating Performance |
Major Business Activities |
2017 Business Plan |
Figures in this presentation are based on unaudited financial statements of the company.
Certain contents in this presentation are subject to change during the course of auditing process.
Parent Income2016 Operating Performance
Achieved 10.8% OP margin backed by increased WP products and cost-saving effortsProduction Sales Income
(thousand tons)
37,650
Crude Steel
37,965
37,496
35,942
Carbon Steel Price
Revenue
727
29,219
(billion KRW)
(thousand KRW/ton, billion KRW,
10.8%
thousand tons)
8.0%
8.7%
OP
Margin
606 566
ㅋ`
2,635
25,607 24,325
Product
35,08135,592
Product Sales Volume
Net
Profit
1,139
3,434
2,350
Operating
Profit
2,238
1,785
1,318
3,534 3,588
2014 2015 2016
2014
2015
2016
2014 2015 2016
[Financial Structure]
23.8%
(billion KRW)
Net Debt
[Production] [Domestic/Export Sales Volume & Inventory]
2014 | 2015 | 2016 | |
Carbon Steel | 33,376 | 33,730 | 33,971 |
S T S | 1,705 | 1,862 | 1,971 |
2014 | 2015 | 2016 | |
Domestic | 18,368 | 17,155 | 18,141 |
Export (%) | 15,969 (46.5) | 18,182 (51.5) | 17,734 (49.4) |
Inventory | 1,280 | 1,240 | 1,045 |
Liabilities
to Equity
19.3%
17.4%
4,101
341
△109
2014
2015
2016
3
POSCO Earnings Release |January 25, 2017
Parent Income2016 Operating Performance
Increased WP product sales, made corporate-wide efforts to improve profitability and save costs responding to negative sales environment(trillion KRW)
External Causes: △1.0 Internal Efforts: +1.4
Operating
Profit
+0.4
+0.5
Increasing
WP Sales
+0.4
Saving Cost
2.2
'15
* Mill margin = Steel product price - major raw materials cost (iron ore/coking coal)
'16
△1.2
+0.5
Improving Profitability
2.6
Contraction
of mill margin* due to market slowdown
+0.02
Forex
-related
+0.2
Decrease of sub-materials cost
4
POSCO Earnings Release |January 25, 2017
POSCO published this content on 25 January 2017 and is solely responsible for the information contained herein.
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