POM: Explanation of loss in financial statement

Pomina Steel Corporation explained the loss in the separate and consolidated financial statement as follows:

1)      Reason: The company’s revenue has been impacted due to the current difficulties of real market and the decrease in demand and consumption of steel.

2)      Measures: The company has aimed the business and production plan to attain the profit after tax in 2023 with the expecting value of 211 billion dongs to compensate the loss in the separate and consolidated financial statement.

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