Corporate DisclosureUSMANIAGL
USMANIAGL Corporate Disclosure — 14 November 2021
Announcement summary
- What happened
- USMANIAGL published a corporate disclosure on 14 November 2021. Read the full announcement for details.
- Company
- Usmania Glass Sheet Factory Limited
- Announcement published
Original announcement
(Continuation news of USMANIAGL): But from the year 2018-2019 Furnace-1 is closed as there was an overstock of finished goods that remained unsold due to lower market demand & waterlogging for heavy rain and it would not restart without major overhauling. On the other hand, on 23rd June 2020, due to a major fire accident, the production process of Furnace- 2 was shut down for over a year which has suffered significant damages. Further, the company suffers huge technological problems for production. (cont.2
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 6190ba0a03147376ea9bee94
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from USMANIAGL
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.