Corporate DisclosureQUEENSOUTH
QUEENSOUTH Corporate Disclosure — 3 October 2021
Announcement summary
- What happened
- QUEENSOUTH published a corporate disclosure on 3 October 2021. Read the full announcement for details.
- Company
- Queen South Textile Mills Limited
- Announcement published
Original announcement
The Company has informed that, the board of directors of the company has taken decision to establish a new 680 KWT photovoltaic solar system by which electricity will produce 65,280 KWH/month. The cost incurred for the associated job is USD 0.550 million equivalent to BDT 46.2 million. The Company also informed that they are expecting savings of USD 0.0888 million/year equivalent to BDT 7.40 million (Approx.) after tax in this regard which has direct impact on the profitability of the company.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b000040052462
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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