Corporate DisclosureSAFKOSPINN
SAFKOSPINN Corporate Disclosure — 12 February 2025
Announcement summary
- What happened
- SAFKOSPINN published a corporate disclosure on 12 February 2025. Read the full announcement for details.
- Company
- Safko Spinnings Mills Ltd.
- Announcement published
Original announcement
The company has informed that the Board of Directors has decided to close the mills or stop production temporarily to reduce the company's further loss until the situation improves. On that circumstances, the production of the company has been suspended temporarily from February 01, 2025 for a period of 2 (two) months. However, other activities of the mill like schedule maintenance works etc. are kept running as usual. The production will be resumed at the earliest possible time.
Bangla translation
A Bangla translation is under review because critical figures or dates did not match the English disclosure.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 67ac1b1c658c52fc9690cbd7
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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