The Securities and Exchange Organization has ordered manufacturers listed with the stock market to include data about energy consumption costs in their financial reports.
Companies are required to disclose energy costs in the present fiscal year (started in March) and forecasts for next year by Jan 5. The regulator says the move is in line with its efforts to improve transparency in financial reports of listed companies.
The order comes amid concerns about higher prices for gas feedstock the government will sell to major steel mills as envisioned in the proposed 2022-23 budget.
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