Pomina Steel Corp.

Pomina Steel Corp.

UUPCOM:POM
3,300.00
VND
+100.00
(+3.13%)
No data availableFinancial data will appear here once available

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

CEO
Si Tien Do
Sector
Non-energy minerals
Industry
Steel
Address
Binh Duong Vietnam
IPO Date
May 23, 2024
Business
Pomina Steel Corporation is a Vietnam-based industrial manufacturer and distributor primarily engaged in the production and commercialization of construction steel, structural steel products, and intermediate billets. Founded in 1999 and headquartered in Di An City, Binh Duong Province, Vietnam, the corporation operates major metallurgy and manufacturing facilities across Binh Duong and Ba Ria - Vung Tau provinces, including the Pomina 1, Pomina 2, and Pomina 3 production divisions. The company's core product portfolio comprises deformed steel rebar with high tensile strength engineered for civil engineering, residential, and industrial infrastructure projects; plain round wire rods and steel coils utilized for construction reinforcement and wire-drawing applications; continuous casting square steel billets for secondary rolling mills; hot-rolled and cold-rolled structural steel sections; galvanized steel sheets; aluminum-zinc alloy-coated steel sheets (galvalume); pre-painted galvanized iron (PPGI) and color-coated coils marketed through its affiliated Ton Pomina division; and industrial ferrous scrap processing, recycling, and metal fabrication services. The corporation serves general construction contractors, infrastructure developers, residential building companies, and industrial fabricators across domestic markets in Vietnam, with primary regional distribution in southern and central provinces, as well as export channels across Southeast Asia, North America, and Europe. Its integrated manufacturing assets utilize automated electric arc furnace (EAF) and blast furnace (BF) smelting technologies, continuous casting systems, and rolling mills that comply with international technical and quality specifications, including ASTM, JIS, BS, and TCVN standards. In recent operational and corporate developments, Pomina Steel Corporation has undertaken comprehensive balance sheet, operational, and capital restructuring initiatives. Following compliance and financial reporting requirements, the company transitioned its equity listing from the Ho Chi Minh Stock Exchange (HOSE) to the Unlisted Public Company Market (UPCoM) under the ticker POM. To restore production capacity and optimize capital allocation, the corporation entered into strategic cooperation agreements and investment framework discussions with international industrial partners, including Japan-based Nansei Steel, aimed at establishing restructured joint venture operating entities for its key production assets at the Pomina 2 and Pomina 3 plants. Concurrently, the company has engaged in debt restructuring with domestic commercial lending institutions, reorganized raw material procurement strategies, and refocused commercial operations on high-margin coated flat steel products and premium reinforced bar lines.