Corporate DisclosurePRIMEFIN
PRIMEFIN Corporate Disclosure — 31 October 2018
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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