Corporate DisclosureSAVAREFR

SAVAREFR Corporate Disclosure — 25 May 2021

Published
Last verified by BullBD

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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