Corporate DisclosureZAHEENSPIN
ZAHEENSPIN Corporate Disclosure — 12 January 2017
Announcement summary
- What happened
- ZAHEENSPIN published a corporate disclosure on 12 January 2017. Read the full announcement for details.
- Company
- Zaheen Spinning PLC.
- Announcement published
Original announcement
The Company has informed that the Board of Directors, among others, has decided to set up a Capital Machinery of Rotor Spinning Machine. The tentative cost for this new set up is Tk. 70.00 million. Annual turnover & NPAT is Tk. 100.00 million & Tk. 17.00 million respectively. As a result, Net profit after Tax of the Company will go up by Tk. 17.00 million. The expected time of commencement of production is approximately August 2017.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b0000400604e8
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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