Corporate DisclosureSUMITPOWER
SUMITPOWER Corporate Disclosure — 16 November 2021
Announcement summary
- What happened
- SUMITPOWER published a corporate disclosure on 16 November 2021. Read the full announcement for details.
- Company
- Summit Power Limited
- Announcement published
Original announcement
(Continuation of SUMITPOWER): The Company also informed that drop in the net profit after tax and operating cash flows for the quarter under report against corresponding period of last year occurred because there was no operation of Madanganj Power Plant (Unit 1), a 102-MW HFO-fired power plant under Summit Power Limited, due to expiry of Power Purchase Agreement (PPA). However, the extension process of PPA of the said plant is ongoing. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 619325b703147376eabce68d
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from SUMITPOWER
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.