RegulatorySINGERBD
Brokers Asked to Suspend Margin Loans for SINGERBD Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of SINGERBD shares.
- Company
- Singer Bangladesh Limited
- Announcement published
Original announcement
(Cont. news of SINGERBD): Besides, product SKUs and sales channel mix have also impacted margin negatively. Operating profit has decreased by 5.1% compared to Q2 2024 due to an increase in advertisement and sales promotion, bank charges, warranty expenses and demurrage costs for shipping detention and further contributed by lower GP. Increase in operating expenses (by 14.0% compared to Q2 2024) has also contributed to a decrease in operating profit. Net Finance costs also (cont.3)
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
- 68859bd07463ac9d4441c983
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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