EarningsMATINSPINN
MATINSPINN Earnings Update
Announcement summary
- What happened
- MATINSPINN published a corporate disclosure on 31 October 2021. Read the full announcement for details.
- Company
- Matin Spinning Mills PLC
- Announcement published
Original announcement
(Cont. MATINSPINN): Increase in EPS: EPS has been increased due to increase in Sales Revenue as well as sales quantity and there was no significant additional fixed expenditure against the incremental revenue except variable cost. As such there is a positive impact of EPS enhancement. Also noted that during the reporting year, MSML management has decided to made a sum of provision for bad and doubtful debts due to non-realization of long pending outstanding from external customer as per IFRS 9.(cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 617e101203147376ead763f2
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from MATINSPINN
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.