Corporate DisclosureNTC
NTC Corporate Disclosure — 31 October 2021
Announcement summary
- What happened
- NTC published a corporate disclosure on 31 October 2021. Read the full announcement for details.
- Company
- National Tea Company Ltd.
- Announcement published
Original announcement
(Continuation news of NTC): short term loan stood at Taka 2,005,000,429 as at 30 June 2021. During the year, the Company took new loan and converted short term loan of Taka 480,186,717 to long term as well. Moreover, last two years the Company has failed to generate positive cash flow from operation and accumulated loss stood at Taka 434,640,364. If this situation continues for a longer period, the Company is unlikely to meet its financial obligations including bank loans. (cont.7)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 617e41fe03147376eae1e583
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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