Ring Shine Textiles reported a decline in its financial performance for the October–December quarter of 2024, as the company's losses deepened year-on-year.
The stockmarket regulator's decision to allow Ring Shine Textiles to raise Tk 150 crore has come under fire from analysts, who termed it an ill-thought-out step given the performance of such companies thus far.
Ring Shine Textiles reported a decline in its financial performance for the October–December quarter of 2024, as the company's losses deepened year-on-year.
The stockmarket regulator's decision to allow Ring Shine Textiles to raise Tk 150 crore has come under fire from analysts, who termed it an ill-thought-out step given the performance of such companies thus far.
