Corporate DisclosureBSRMLTD

BSRMLTD Corporate Disclosure — 31 January 2023

Published
Last verified by BullBD

Announcement summary

What happened
BSRMLTD published a corporate disclosure on 31 January 2023. Read the full announcement for details.
Company
Bangladesh Steel Re-Rolling Mills Limited
Announcement published

Original announcement

(Continuation news of BSRMLTD): The company has informed that the global as well as Bangladesh economic situation was volatile in this period. Foreign Currency conversion rate sharply increased which has increased import cost as well as production cost. Moreover, there was shortage in power supply which has forced to cut production. As a result, cost of production increased. On the other hand, market of steel products was under severe pressure. (cont.2)

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

(বিএসআরএমএলটিডির ধারাবাহিক সংবাদ): সংস্থাটি জানিয়েছে যে এই সময়ে বিশ্ব ও বাংলাদেশের অর্থনৈতিক পরিস্থিতি ছিল অস্থির। বৈদেশিক মুদ্রার রূপান্তরের হার দ্রুত বৃদ্ধি পেয়েছে যা আমদানি ব্যয়ের পাশাপাশি উৎপাদন খরচও বাড়িয়েছে। তাছাড়া বিদ্যুৎ সরবরাহে ঘাটতি থাকায় উৎপাদন কমাতে বাধ্য হয়েছে। ফলে উৎপাদন খরচ বেড়েছে। অন্যদিকে, ইস্পাত পণ্যের বাজারে তীব্র চাপ ছিল। (চলমান 2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
63d88cddb2c25841946269c3
Original publication
Last verified by BullBD
Translation
BullBD
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