EarningsAPEXTANRY
APEXTANRY Earnings Update
Announcement summary
- What happened
- APEXTANRY published a corporate disclosure on 29 September 2020. Read the full announcement for details.
- Company
- Apex Tannery Limited
- Announcement published
Original announcement
(Continuation news of APEXTANRY): Net profit as well as Earnings Per Share (EPS) decreased mainly due to collapse in export demand for leather and Q4 sales decreased by 80% compared to same period last year due to the global Covid-19 pandemic. This crash in sales revenue was much higher than could be overcome by an offset in cost reduction and resulted in negative PAT and EPS. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056072
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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