Corporate DisclosureZAHEENSPIN

ZAHEENSPIN Corporate Disclosure — 22 June 2015

Published
Last verified by BullBD

Announcement summary

What happened
ZAHEENSPIN published a corporate disclosure on 22 June 2015. Read the full announcement for details.
Company
Zaheen Spinning PLC.
Announcement published

Original announcement

The Company has informed that as per decision of the Board of Directors they have already opened three L/Cs on June 17, 2015 to import a set of Capital Machineries valuing Tk. 158.50 million (approx) for installing 15,480 spindles. After successful installation of Machineries, the Companys production capacity will increase 4,240 Kg (approx) yarn per day and their expected net profit after tax will go up by Tk. 40.00 million (55.55% expected).

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf4d5a6b0000400642b9
Original publication
Last verified by BullBD
Translation
BullBD
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