28
Jun
14:57
Polestar’s 2023 net loss more than double
Swedish EV company Polestar reported Friday a net loss of $1.17 billion for its 2023 financial results, partially impacted by lower sales revenues, Kallanish learns.
The long-awaited result is more than double the net loss posted for 2022. Polestar Automotive Holding UK Plc had postponed its earnings report in April due to accounting errors. These have now been corrected and as guided have “an impact on net loss of less than 5%,” the report states.
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous