Corporate DisclosureJUTESPINN

JUTESPINN Corporate Disclosure — 9 February 2017

Published
Last verified by BullBD

Announcement summary

What happened
JUTESPINN published a corporate disclosure on 9 February 2017. Read the full announcement for details.
Company
Jute Spinners Ltd.
Announcement published

Original announcement

The Company has informed that the production of the Company has been closed since July 01, 2016. The Company has mentioned the following reason: "The Jute spinning manufacturer and 100% export oriented mill of the company, located at Khulna, has been incurring losses for last four (4) consecutive years due to global financial crisis and unusual increase in price of raw Jute in the international market, (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b0000400600a0
Original publication
Last verified by BullBD
Translation
BullBD
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