Corporate DisclosureSINGERBD
SINGERBD Corporate Disclosure — 31 July 2018
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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