[Seoul Yonhap News]According to the consolidated financial results (provisional tabulation) for the April-June period announced on the 9th by POSCO, the largest Korean steel company, operating income, which indicates the profit of the main business, is 2,024.0 billion won (about 210.7 billion yen). It increased by 1212.7% from the same period of the previous year. It was the highest since 2006, when the results of each quarter were disclosed at the financial results briefing. It is the first time that it has exceeded 2 trillion won since the introduction of the new International Financial Reporting Standards (IFRS) in 2010. The strong performance of the steel industry, which is the core industry of the group, led to good results. With the expansion of vaccination with the new coronavirus vaccine, the global economy began to recover, and demand for steel surged in sectors such as automobiles, shipbuilding, and construction. Sales were 18,228.9 billion won, an increase of 32.9%. POSCO’s non-consolidated operating income for the April-June quarter was 1,0608.1 billion won, the second highest level after the April-June 2010 quarter (1,708.1 billion won). Sales were 9,277.4 billion won.