Corporate DisclosurePRIMEFIN

PRIMEFIN Corporate Disclosure — 31 October 2018

Published
Last verified by BullBD

Announcement summary

What happened
PRIMEFIN published a corporate disclosure on 31 October 2018. Read the full announcement for details.
Company
Prime Finance & Investment Ltd.
Announcement published

Original announcement

(Continuation news of PRIMEFIN): significant deviation in net profit/ (loss) between two quarters is decrease of the provisions for loans, advances and leases which is made complying with the FID circular no. 8 dated 03 August 2002 issued by Bangladesh Bank in this regard. On the other hand, the main reason for significant deviation in Net Operating Cash Flow is early settlement of loans, advances and leases and settlement of borrowings and deposits with banks and their depositors during this period. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005b701
Original publication
Last verified by BullBD
Translation
BullBD
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