EarningsZAHEENSPIN
ZAHEENSPIN Earnings Update
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): Reasons for significant deviation in NAV, EPS and NOCFPS: EPS has been decreased due to fall in production for Fire incident in December 2019, adverse effect of COVID 19 resulting closure of Mill around 2.5 months and decrease in sales and increase in percentage of cost of goods sold on sales, increase in administrative expenses. Besides, provision for bad and doubtful debts, write off of advance, Deposits and prepayments and (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055786
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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