Corporate DisclosureIFADAUTOS
IFADAUTOS Corporate Disclosure — 2 March 2016
Announcement summary
- What happened
- IFADAUTOS published a corporate disclosure on 2 March 2016. Read the full announcement for details.
- Company
- IFAD Autos PLC.
- Announcement published
Original announcement
The Company has informed that it has signed an agreement with ESCORTS (Agri Machinery) Limited Company as an authorize/sole distributor for selling of FARMTRAC brand of agricultural tractors, implements, all other special construction equipments goes along with tractor and spare parts. From this agreement, the Company expects to attain approximate revenue of Tk. 25.00 crore and profit of Tk. 2.50 crore for the first year and revenue of Tk. 60.00 crore and profit of Tk. 6 .00 crore in the second year.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf2d5a6b0000400627dc
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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