EarningsSONARGAON

SONARGAON Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
SONARGAON published a corporate disclosure on 1 November 2021. Read the full announcement for details.
Company
Sonargaon Textiles Ltd.
Announcement published

Original announcement

(Continuation news of SONARGAON): The Company has also informed that reason for significant deviation in EPS, NAV and NOCFPS as follows: EPS has decreased due to fall in production as the factory was closed for 12 months covering the period of accounts under review. It also attributed to adverse effect of pandemic COVID-19, written-off of old tamper lost slow moving raw cotton stock with eventual loss in sales of stock and financial cost. (cont. 2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
617f63e903147376eaeaf6e4
Original publication
Last verified by BullBD
Translation
BullBD
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