Senior Reporter: KDS Accessories Limited will make new investments to increase the production capacity of various units. 4 crore 39 lakh 42 thousand will be invested to increase the efficiency and production of the plant. The decision was made at a meeting of the company’s board of directors on Thursday (December 30).
According to company authorities, KDS Accessories Limited will invest Tk 16 million 95 thousand to replace some of the machinery of its board plant. As a result, 7 new turning machines, 2 centrifugal casting machines and 4 water polishing machines will be added to the unit.
The authorities expect the company to increase its annual revenue by around Tk 10 crore if the machineries are produced at full capacity after installation.
Source: Daily StockBangladesh by www.dailystockbangladesh.com.
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