EarningsBSRMLTD

BSRMLTD Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
BSRMLTD published a corporate disclosure on 18 October 2020. Read the full announcement for details.
Company
Bangladesh Steel Re-Rolling Mills Limited
Announcement published

Original announcement

(Continuation news of BSRMLTD): Reasons of less EPS compared to last year: 1) Less Production & less Sales due to pandemic COVID-19. 2) ?Share of profit of equity accounted investees? stood Tk. 509.57 Million which was Tk. 1060.71 Million in 2019 as income of subsidiaries and associates has declined due to minimum tax imposed by the government on the steel industry in Section 82 C of Income tax ordinance. (cont. 2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055db6
Original publication
Last verified by BullBD
Translation
BullBD
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