[Pomina Steel approves ambitious revenue growth plan for 2026-2027]

Published: Jul 2, 2026 17:15

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Pomina Steel's shareholders approved a revival plan targeting VND 8.51 trillion in revenue for 2026 and VND 13.19 trillion for 2027, representing roughly fourfold and sixfold annual increases. This is backed by a projected construction steel output of 643,750 tonnes in 2026 and 997,500 tonnes in 2027. Forecasting EBITDA at VND 474 billion in 2026 and VND 941 billion in 2027, the recovery is driven by a two-year cooperation agreement with Vinhomes, securing working capital for the Pomina 3 plant. Pomina commenced shipments to Vingroup projects like VinFast and VinMetal, while creditors waived interest payments to aid financial stabilization.

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