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ISX Holiday starts May 21


jb4388
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  • 2 weeks later...

Rabee Site as well...

Note: ISX will be closed starting from May. 22, 2020 due to the religious holiday of Eid Al-Fitr. The next trading session will be held on May. 31, 2020. ISX will resume trading five days a week starting Sunday (May. 31, 2020). The lower daily price change limit will be maintained 5% and the upper daily price change limit will be maintained at 10%.

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Here was some news about Baghdad Soft Drink that I received right before the holiday in Iraq.

 

Baghdad Soft Drink (IBSD) financial statement of 1stQ 31/03/2020 comparing with financial result of 1stQ 31/03/2019

The company has shown a big jump in cash liquidity from1st Q2019 to 2020 by 330% and the cash is equal to 70% of the capital.

The statement showing the total liquid assets to the capital is 103% with the stock of row material covered the sales for 3 months later.

In addition, the balance was showing, and the growth of the total assets by 20% in 1stQ 2020 compared to 2019.

The book value per share is 2.125.

The revenue has increased by 10% compared to1st Q2019.

The profit and loss statement shows net profit before tax by 10.1B IQD equivalent to 8.4M $by 22% increase compare to the same period 2019.

Historically, known the company has made 19.5% net profits for the year ended at 2019 and they can distribute dividends within the next GA as expected at end of June or July.

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