ZAHEENSPIN Setting up a Capital Machinery of Rotor Spinning Machine - Share market analysis of dhaka stock exchange, Bangladesh

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12 January, 2017 09:55 AM Source: Dhaka Stock Exchange

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.


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