Corporate DisclosureSINGERBD

SINGERBD Corporate Disclosure — 31 July 2018

Published
Last verified by BullBD

Announcement summary

What happened
SINGERBD published a corporate disclosure on 31 July 2018. Read the full announcement for details.
Company
Singer Bangladesh Limited
Announcement published

Original announcement

(Continuation news of SINGERBD): same period of last year mainly due to the nature of business in terms of hire purchase scheme, credit extended to dealers & institutions and seasonal effects. Besides, operating cash flows is differed due to increased of volume installment and credit sales comparing to previous period (73% vs 69%). In addition, the Company generate a large portion of business centering festivals (around 50%-60% sales are in connection with festivals). (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acef05a6b00004005c337
Original publication
Last verified by BullBD
Translation
BullBD
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