Petroleum Equipment Assembly and Metal Structure Joint Stock Company reports the business plan in 2020 and plan to overcome accumulated losses with the following details:

- Output value:       1,203.0 billion dongs

- Total revenue:        888.0 billion dongs

- Profit before tax:        0.7 billion dongs.

- In the last time, the company signed a contract to be the contractor of Long Son – A2 package worth VND 2,500 billion with the investor SGC (Thai Lan). Accordingly, the Long Son profject will ensure the output and revenue of the company until 2020, and the comapny can recover after two consecutive years of losses.

- In addtion to the Long Son project with an output of nearly VND 1,000 billion, the Company has Thai Binh, Vietsov projects... Therefore, the Company will ensure profit in 2020. The company has made provision for all risk expenses, bad receivables of projects. Thus, in case of the settlement of DKI project (VND 104 billion) and approval of addtional unit price of Thai Binh project (VND 104 bllion) is completed, the Company will able to revert the provision for losses accordding to the final accounts and will be additional profits beyond the 2020 plan.