Corporate DisclosureENVOYTEX
ENVOYTEX Corporate Disclosure — 12 October 2021
Announcement summary
- What happened
- ENVOYTEX published a corporate disclosure on 12 October 2021. Read the full announcement for details.
- Company
- Envoy Textiles Limited
- Announcement published
Original announcement
(Continuation news of ENVOYTEX): The business operation has been showing signs of recovery ever since the final quarter of fiscal 2020-21 despite facing various challenges amidst the ongoing Covid-19 pandemic. Rising cotton prices have come as a fresh blow to the business, put stress on profitability in export markets. Fabric has become costlier as cotton prices almost doubled in a year, higher fabric price induced by global cotton price hike has come on top of surging (cont. 2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b00004005226e
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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