14
Nov
09:34
Vietnam Steel to lower profit forecast by 98%
Vietnam Steel Corporation (VN Steel) expects to lower its profit target for this year due to weak performance in the past three quarters.
Kallanish learns from a public document from the company that VN Steel plans to lower its parent company's pre-tax profit target for this year from VND 52 billion ($2.13 million) to just VND 1 billion, which represents a decrease of approximately 98%. However, the steel mill will keep other targets unchanged, such as the par…
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Anonymous
Very good overview of the weekly steel market.
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