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): net operating cash flow per share increased from Tk. (17.42) to Tk. 28.01. (2) Gross Profit 80% than last year- In 2019, they offered a big clearance sale to clear the aged stock for more than 12 months, which impacted the gross margins of this quarter, as the gross profit is less than the normal business course as a result net profit also reduced, which affected in EPS this period. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b000040059516
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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