RegulatoryBATASHOE
Brokers Asked to Suspend Margin Loans for BATASHOE Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of BATASHOE shares.
- Company
- Bata Shoe Company (Bangladesh) Limited
- Announcement published
Original announcement
(Continuation news of BATASHOE): i) During the 2nd quarter period 2021, the Company's revenue increased by 426% in compare with the same period of the last year due to boost sales and clear of aged merchandise by offering a bulk amount of discount to the customers. On the same period ended June 30, 2021, cost of goods sold increased by 124% in compare with the same period ended of last year mainly margin lose for bulk discounts sales. (cont. 2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b000040052a71
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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