EarningsBSRMSTEEL
BSRMSTEEL Earnings Update
Announcement summary
- What happened
- BSRMSTEEL published a corporate disclosure on 18 October 2020. Read the full announcement for details.
- Company
- BSRM Steels Limited
- Announcement published
Original announcement
(Continuation news of BSRMSTEEL): Reasons of less EPS compared to last year: 1) Less Production & less Sales due to pandemic COVID-19. 2) Considering deduction of all types of taxes as minimum tax of (as per sec 82C imposed specifically on steel industry by the government), tax paid is BDT 781 million which is much higher than regular tax of 25% of BDT 213 million had there been no such minimum tax law. (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055dc4
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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