RegulatoryRECKITTBEN
Brokers Asked to Suspend Margin Loans for RECKITTBEN Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of RECKITTBEN shares.
- Company
- Reckitt Benckiser (Bangladesh) PLC
- Announcement published
Original announcement
(Continuation news of RECKITTBEN): The Company has also informed that a) YTD revenue increase (16.7% growth) is driven by strong sales of Dettol and Harpic, b) Operating profit as well as EPS increase driven by 3.2% expansion in gross profit margin due to manufacturing cost optimization and supply chain initiatives. and c) Net cash from operating activities mainly driven by operating profit growth, accelerated collection from debtors and outstanding royalty payment. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b000040058803
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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