Corporate DisclosureCOPPERTECH

COPPERTECH Corporate Disclosure — 3 December 2023

Published
Last verified by BullBD

Announcement summary

What happened
COPPERTECH published a corporate disclosure on 3 December 2023. Read the full announcement for details.
Company
Coppertech Industries Limited
Announcement published

Original announcement

(Continuation news of COPPERTECH): Furthermore, compared to the previous year, the expenses related to finance and administration increased which results significant reduction in net profitability. NOCFPS has been decreased as cash payments to suppliers were consistent, cash collections from customers decreased compared to the previous year. Besides, financial expenses and employee payments were increased in the current year which results significant decrease in NOCFPS. (end)

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

(COPPERTECH-এর ধারাবাহিক সংবাদ): উপরন্তু, আগের বছরের তুলনায়, অর্থ ও প্রশাসন সংক্রান্ত ব্যয় বেড়েছে যার ফলে নিট মুনাফা উল্লেখযোগ্যভাবে হ্রাস পেয়েছে। NOCFPS হ্রাস করা হয়েছে কারণ সরবরাহকারীদের নগদ অর্থ প্রদান ধারাবাহিক ছিল, গ্রাহকদের কাছ থেকে নগদ সংগ্রহ আগের বছরের তুলনায় কমেছে। এছাড়া, চলতি বছরে আর্থিক ব্যয় এবং কর্মচারীদের বেতন বৃদ্ধি করা হয়েছে যার ফলে NOCFPS উল্লেখযোগ্যভাবে হ্রাস পেয়েছে। (শেষ)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
656bfa70edb49c4b7518ee34
Original publication
Last verified by BullBD
Translation
BullBD
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