POSCO Holdings announced on Monday that its third-quarter operating profit increased by 48% year-on-year to 945 billion Korean won (approximately $1.42 billion), marking its third consecutive quarter of profit recovery. The company's revenue was 19.14 trillion Korean won, with a net profit of 380 billion Korean won. The performance growth was primarily driven by improved steel profit margins and stable energy business, which offset the weakness in its battery materials business.