Corporate DisclosureBSRMLTD

BSRMLTD Corporate Disclosure — 30 October 2022

Published
Last verified by BullBD

Announcement summary

What happened
BSRMLTD published a corporate disclosure on 30 October 2022. Read the full announcement for details.
Company
Bangladesh Steel Re-Rolling Mills Limited
Announcement published

Original announcement

(Continuation news of BSRMLTD): Reasons for Significant Deviation in EPS: The overall economic situation, specially in the fourth quarter, was not favorable for business. The yearly sales dropped. Due to inflation, excessive dollar conversion rate and increase in billet/scrap price in the international market, the profitability of the Company was badly impacted. As a result, Profit, Earnings per Share substantially declined compared to the last year. (end)

Bangla translation

A Bangla translation is under review because critical figures or dates did not match the English disclosure.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
635deb46b2c25841940aaabc
Original publication
Last verified by BullBD
Translation
BullBD
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