3
2025 Consolidated
Business Performance
Despite recovery in Steel, OP declined due to weak performance in Rechargeable Battery Mtrls. and Construction;
2026 profits expected to grow with commercial-scale lithium production and non-profit asset sales
Income Revenue Operating Profit -+-OP Margin Ratio (KRWbil., %) Financial Structure Net Debt EBITDA -+- Net Debt Ratio (KRWbil., %)
YoY YoY
Revenue
8,063
Net Debt
63,593 7,376 +1,705
OP Margin Ratio Net Debt Ratio
.L.0.4%p
Operating Profit EBITDA
.6347 .L.17 4
– 2025 CAPEX: (Consolidated) KRW7.0 tril., (Separate) KRW1 .3tril.
Performance before lntercompany Transaction Adjustment
Revenue Operating Profit Net Profit
(KRWbillion)
2023 2024 2025 2023 2024 2025 2023 2024 2025
Consolidated Income 77,127 72,688 69,095 3,531 2,174 1,827 1,846 948 50431
Steel 63,539 62,201
59,411 2,557 1,637 1,960 1,241 691 1,154
POSC011 38,972 37,557 35,011 2,083 1,473 1,780 1,180 902 1,143
Overseas 20,494 20,713 19,663 194 39 91 6137 6149 6230
Rechargeable Battery Mtrls. 4,822 3,830
3,338 6161 6277 6441 6236 6635 6592
POSCO FUTURE M21 4,760 3,700 2,939 36 33 4 6231 37
Infrastructure 57,157 56,872 53,006 1,533 1,326 682 1,078 446 49
POSCO INTERNATIONAL21 33,133
32,341 32,374 1,163 1,117 1,165 680 503 637
POSCO E&C21 10,166 9,469 6,903 201 62 6452 117 51 6478
1) Separate 2) Consolidated, POSCO INTERNATIONAL performance includes POSCO Energy
3)
Introduction of Consolidated Tax Return in 2025 assessed deferred tax liability, registering a one-time non-cash corporate tax expense (+KRW 349 bil.)