Live Breaking News & Updates on Safko Spinning Mills

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Listed apparel exporters' profit drops 50% despite strong dollar

Bangladesh’s economy has been facing tough times of late as sustained high inflation, hike in interest rates and massive devaluation of the local currency continue to plague the country. In this series, we take a look back at how various industries fared amid the crisis in fiscal year 2022-23. Here, in the fourth instalment of the series, we placed listed export-oriented ....

Bangladesh , Mohammad-hatem , Bangladesh-bank , Mb-knit-fashion-ltd , Exporters-association , Promotion-bureau , Bangladesh-knitwear-manufacturers , Export-promotion-bureau , Cotton-fibrous , Maksons-spinning-mills , Rahim-textile-mills , Malek-spinning-mills

Economic crisis sends 43 listed firms, mutual funds into losses

Economic crisis: At least 43 listed companies and mutual funds fell to losses in July to December of the ongoing financial year after reporting profits in the identical half a year ago.  ....

Bangladesh , United-states , Russia , Ukraine , Dhaka , American , Anisa-khan , Amir-islam , Exchange-commission , Golden-harvest-agro-industries , Dhaka-stock-exchange , Bangladesh-association-of-publicly-listed-companies

Why market regulator appointed special auditor at Safko Spinning

The stock market regulator has appointed a special auditor to review the financial statements and overall business of Safko Spinning Mills in the interest of investors. Islam Jahid & Co Chartered Accountants has been given 30 working days to examine the balance sheet and other parts of the financial statements, fixed assets, related party transactions, procurement of ....

Bangladesh , Dhaka , Iftekhar-ahmed , Exchange-commission , Islam-jahid-co-chartered-accountants , Dhaka-stock-exchange-on , Safko-spinning-mills , Bangladesh-securities , Secretary-iftekhar-ahmed , Abul-khayer-hero , Spinning-mills , Dhaka-stock-exchange

Stocks surge to end a winning week

Stocks in Bangladesh returned to black yesterday helping the bourses end the week on a high note, thanks to increasing investors’ participation buoyed by a fall in oil prices globally and some easing of volatility in the foreign exchange market.    ....

Meghna , Bangladesh-general , Bangladesh , Sonargaon , Russia , Dhaka , Russian , Dhaka-stock-exchange , National-housing-finance-company , Gq-ball-pen-industries , Beximco-ltd

Stocks return to black

Stocks in Bangladesh returned to black today after falling for a day, thanks to increasing investors’ participation. ....

Meghna , Bangladesh-general , Bangladesh , Sonargaon , Dhaka , Dhaka-stock-exchange , National-housing-finance-company , Gq-ball-pen-industries , Beximco-ltd , Emerald-oil , Orion-pharmaceuticals