RegulatoryDESCO

Brokers Asked to Suspend Margin Loans for DESCO Shares

Published
Last verified by BullBD

Announcement summary

What happened
Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of DESCO shares.
Company
Dhaka Electric Supply Company Ltd.
Announcement published

Original announcement

(Continuation news of DESCO): The company has also informed that it incurred loss in current year and retained earnings is negative, as such the Board of Directors could not be able to recommend any dividend this year. EPS has improved marginally as distribution revenue grew slightly and foreign exchange fluctuation losses decreased. (end)

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

(ডেসকোর ধারাবাহিক সংবাদ): কোম্পানিটিও জানিয়েছে যে এটি চলতি বছরে ক্ষতির সম্মুখীন হয়েছে এবং অর্জিত আয় নেতিবাচক, কারণ পরিচালনা পর্ষদ এ বছর কোনো লভ্যাংশ সুপারিশ করতে পারেনি। বন্টন রাজস্ব সামান্য বৃদ্ধি এবং বৈদেশিক মুদ্রার ওঠানামার ক্ষতি কমে যাওয়ায় ইপিএসের সামান্য উন্নতি হয়েছে। (শেষ)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
670de4109f31fb035fdd5ca1
Original publication
Last verified by BullBD
Translation
BullBD
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