EarningsBSCPLC

BSCPLC Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
BSCPLC published a corporate disclosure on 25 May 2021. Read the full announcement for details.
Company
Bangladesh Submarine Cables PLC
Announcement published

Original announcement

(cont. of BSCCL): EPS has been increased due to increase in Revenue and there was no significant additional expenditure against the increased revenue. During this period, BSCCL management has decided to release a sum of provision for bad and doubtful debts made earlier period or years due to realisation of long pending outstanding Tk.36,89,65,459 from BTCL and Tk.7,09,56,771 from BSNL, India. As such there is a positive impact of EPS enhancement. (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b0000400536d9
Original publication
Last verified by BullBD
Translation
BullBD
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