Corporate DisclosureQUEENSOUTH

QUEENSOUTH Corporate Disclosure — 15 September 2021

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Last verified by BullBD

Announcement summary

What happened
QUEENSOUTH published a corporate disclosure on 15 September 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 has decided to establish a new product line "Fiber Dyeing Unit" with a production capacity of 05 MT/day. After completion approximate incremental revenue should be BDT 45 million/month and profit should be BDT 4.5 million/month. The cost associated with the installation and erection of this new technology for fiber dyeing unit is US$ 0.60 million equivalents to BDT 42.00 million.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b0000400527b6
Original publication
Last verified by BullBD
Translation
BullBD
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