Corporate DisclosureSAVAREFR
SAVAREFR Corporate Disclosure — 25 May 2021
Announcement summary
- What happened
- SAVAREFR published a corporate disclosure on 25 May 2021. Read the full announcement for details.
- Company
- Savar Refractories Limited
- Announcement published
Original announcement
(Continuation news of SAVAREFR): intensive competition from foreign suppliers and scarcity of raw material, the company is unable to utilize its production capacity by significant amount. The low sales volume does not absorb the whole fixed and non-production cost. As such, the company is making loss in both periods. NOCFPS decrease due to massive decrease in advance against sales & decrease in liability for expense are the reason behind for reduction in current year NOCFPS compare to previous year. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b0000400536e3
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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