Tag: South Korea: Hyundai Steels revenue decreases q-o-q in Q1CY24
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South Korea: Hyundai Steel posts decline in revenue in Q1CY’24 amid steel market challenges
Hyundai Steel, South Korea’s leading steel manufacturer released its financial report for Q1CY’24. The company’s consolidated sales reached KRW 5.94 trillion with a q-o-q decline in revenue. Moreover, the sales volume decreased by 1.5% q-o-q to 4.34 mnt and the same fell by 7.6% y-o-y. Consolidated, non-consolidated results Revenue: The consolidated revenue for Q1CY’24 fell…