Corporate DisclosureACIFORMULA
ACIFORMULA Corporate Disclosure — 25 May 2021
Announcement summary
- What happened
- ACIFORMULA published a corporate disclosure on 25 May 2021. Read the full announcement for details.
- Company
- ACI Formulations PLC
- Announcement published
Original announcement
(Continuation news of ACIFORMULA): Reasons for significant deviations: The consolidated revenue grew by around 16% over SPLY propelled by higher sales mainly in CC & PH business. Moreover, effective control over operating expenses coupled with lower financing cost led to higher consolidated profit after tax against SPLY resulting in higher consolidated EPS and NAV per share. On the other hand, consolidated NOCFPS decreased mainly due to inventory build-up for meeting the demand of upcoming quarter. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b0000400536db
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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