EarningsZAHEENSPIN

ZAHEENSPIN Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
ZAHEENSPIN published a corporate disclosure on 4 November 2020. Read the full announcement for details.
Company
Zaheen Spinning PLC.
Announcement published

Original announcement

(Continuation news of ZAHEENSPIN): write off of obsolete Raw Materials and obsolete finished goods were the major reasons for negative EPS. NAV has been decreased due to increase in number of shares for allotment of 5% bonus share in the previous year and negative balance of retained earnings. NOCFPS has been decreased due to less collection against sales revenue and increase in Accounts Receivables. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055785
Original publication
Last verified by BullBD
Translation
BullBD
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