Hyundai BNG Steel Swings to Q3 Operating Loss of KRW 533 Million
Bitget2026/10/30 02:14- Hyundai BNG Steel posted a third-quarter 2026 operating loss of KRW 533 million, versus a year-earlier profit of KRW 7.79 billion.
- Revenue fell 6% year over year to KRW 181.51 billion.
- Net loss totaled KRW 1.01 billion, compared with a year-earlier profit of KRW 4.05 billion.
- Revenue for January-September 2026 rose 2.6% year over year to KRW 584.03 billion.
- Operating profit for the nine months declined 13.4% to KRW 17.39 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Microsoft Beats Nvidia for the First Time Since 2025: So Why Is MSFT Stock Falling?
Gunnison hits rich copper and zinc in Arizona
EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

