InvestmentSQUARETEXT
SQUARETEXT Approves Factory BMRE Investment
Announcement summary
- What happened
- SQUARETEXT approved a factory BMRE investment.
- Company
- Square Textiles PLC.
- Announcement published
Original announcement
(Continuation news of SQUARETEXT): The Company has also approved a new investment plan to increase the production capacity of the factory: Facility to be built: Yarn production capacity; Capacity to be increased: 11,565 tons per annum; Estimated project cost: BDT 346.00 crore; Expected date of completion: April, 2023; Estimated turnover: BDT 371.00 crore per annum; Expected profit contribution: Around 5-7% on turnover. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 6174d19c03147376ea7e4aaf
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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