Corporate DisclosureGEMINISEA

GEMINISEA Corporate Disclosure — 5 November 2020

Published
Last verified by BullBD

Announcement summary

What happened
GEMINISEA published a corporate disclosure on 5 November 2020. Read the full announcement for details.
Company
Gemini Sea Food PLC
Announcement published

Original announcement

(Continuation news of GEMINISEA): Pre-payments has been increasingly years to year. The Advances, Deposits & Pre-payments of the company is amounting to Tk. 94,075,709 out of which Tk. 87,609,511 represents the advance to suppliers. Therefore, unnecessary blockage of the working capital affect the earnings of the company and at the same time, debt of the company will increase significantly. iii)Utilization of Production Capacity and ability of the (cont.3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b00004005571a
Original publication
Last verified by BullBD
Translation
BullBD
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