Corporate DisclosureUSMANIAGL
USMANIAGL Corporate Disclosure — 26 November 2019
Announcement summary
- What happened
- USMANIAGL published a corporate disclosure on 26 November 2019. Read the full announcement for details.
- Company
- Usmania Glass Sheet Factory Limited
- Announcement published
Original announcement
(Continuation news of USMANIAGL): it would not restart without major overhauling. Moreover the Usmania Glass Sheet Factory Limited suffers huge technological problem for production. Production technology of the company has become backdated comparing with its competitors. For backdated technology, cost of the product is exceeded its selling price resulting the company has been incurring huge Operating loss both in current as well as last few years. (Refer to Note- 32, Para iii) Note- 32, (cont. 2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b0000400580fe
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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