Seoul: POSCO International Corp. on Monday reported its third-quarter net income of 209.7 billion won (US$146.4 million), reflecting a decrease of 11.7 percent compared to the same period last year. The company's financial performance for the July-September period showed a decline, as outlined in its recent regulatory filing.

According to Yonhap News Agency, the operating profit for POSCO International during the third quarter stood at 315.9 billion won, marking an 11.6 percent reduction from the previous year. Furthermore, the company's revenue experienced a slight drop, decreasing by 1.3 percent to 8.24 trillion won. These figures highlight the challenges faced by the company in maintaining its financial growth amid changing market conditions.