Corporate DisclosureUSMANIAGL

USMANIAGL Corporate Disclosure — 14 November 2021

Published
Last verified by BullBD

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): Production Technology of the company has become backdated compared with its competitors. For backdated technology, the cost of the product is exceeded its selling price resulting in Operating losses both in the current as well as last few years. Therefore, Usmania Glass Sheet Factory Limited has been incurring Operating loss both in current as well as for last few years and accumulated loss has arrived at the amount of Tk. 596,332,300 (cont.3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6190ba0a03147376ea9bee96
Original publication
Last verified by BullBD
Translation
BullBD
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