Corporate DisclosureBBSCABLES
BBSCABLES Corporate Disclosure — 9 January 2019
Announcement summary
- What happened
- BBSCABLES published a corporate disclosure on 9 January 2019. Read the full announcement for details.
- Company
- BBS Cables PLC.
- Announcement published
Original announcement
The Company has informed that it has imported capital machineries by utilizing IPO proceeds and the Company is planning to start the commercial production from the new machineries with effect from 12.01.2019. The current installed annual production capacity of the Company is 16,600 MT as on 30.06.2018 as a result of installing the new machineries, the annual production will increase by 37% (6,100 MT) that will stand up to 22,700 MT (approx.) annually, the value of which is about Tk. 1,200.00 crore approx.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005acf5
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from BBSCABLES
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.