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): Reasons for deviation: While the turnover has increased by 15.2% in 2025, the GP margin has decreased by 1.8% compared to Q3 2024. The selling price could not be increased/adjusted to absorb the increased product's average cost, which led to a decrease in GP margin to remain competitive. Net Finance costs have also increased (by 118.9%) due to an increase in the utilization of short-term borrowing by 18.3% in Q3 2025. (cont.2)
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
- 68fd9b1c7463ac9d44bd8df0
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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