InvestmentBSRMLTD

BSRMLTD Approves Factory BMRE Investment

Published
Last verified by BullBD

Announcement summary

What happened
BSRMLTD approved a factory BMRE investment.
Purpose
BMRE of the company’s factory
Facility / project
Factory BMRE
Company
Bangladesh Steel Re-Rolling Mills Limited
Announcement published

Original announcement

The Company has further informed that they have generated better cash flow from operation consecutively for the last couple of years and now recovered fully. The recovery process completed due to increased production and sales and adjustment of the initial working capital requirements on start of operation after BMRE in 2015.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040058fd2
Original publication
Last verified by BullBD
Translation
BullBD
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