EarningsADVENT

ADVENT Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
ADVENT published a corporate disclosure on 29 October 2020. Read the full announcement for details.
Company
Advent Pharma Limited
Announcement published

Original announcement

(Continuation news of ADVENT): the company is a Veterinary medicine producer, due to Covid 19 effect sales have decreased and raw materials price has increased, spending substantial amount of money for new product development. For those reasons EPS and NOCFPS has decreased. The Company has also informed that i) Bonus Shares has been recommended in view to utilize its retained amount as capital for further business expansion (Fixed asset acquire and working capital). (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b0000400559de
Original publication
Last verified by BullBD
Translation
BullBD
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