EarningsACIFORMULA

ACIFORMULA Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
ACIFORMULA published a corporate disclosure on 14 November 2021. Read the full announcement for details.
Company
ACI Formulations PLC
Announcement published

Original announcement

(cont. of ACIFORMULA): In addition to that, lower financing cost mainly due to lower interest rate and efficient & effective utilization of working capital through optimized inventory and receivable management led to higher consolidated profit after tax of Tk. 52.78 Mn against Tk 19.10 Mn of SPLY resulting in higher consolidated EPS and NAV per share. On the other hand, consolidated NOCFPS decreased due to inventory build-up for upcoming 2nd quarter. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
61908b2903147376ea931629
Original publication
Last verified by BullBD
Translation
BullBD
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