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POSCO DX Q2 Net Profit Sees Significant Decline of 18.2 Percent

Seoul: POSCO DX Co. on Thursday reported its second-quarter net profit of 11.8 billion won (US$8.2 million), marking a decline of 18.2 percent compared to the same period last year.

According to Yonhap News Agency, the IT service, intelligent factory, and industrial robotics company disclosed in a regulatory filing that its operating income for the April-June quarter dropped 42.3 percent year-on-year, amounting to 9.9 billion won. Additionally, the company's sales saw a decrease of 14.8 percent, totaling 232.6 billion won.

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