Corporate DisclosureACTIVEFINE
ACTIVEFINE Corporate Disclosure — 17 November 2021
Announcement summary
- What happened
- ACTIVEFINE published a corporate disclosure on 17 November 2021. Read the full announcement for details.
- Company
- Active Fine Chemicals Limited
- Announcement published
Original announcement
(Continuation news of ACTIVEFINE): a provision of 2.5% considering Expected Credit Loss (ECL) on accounts receivables in accordance with IFRS-9 has been maintained but it is not adequate considering doubtful of recovery. vi. Cash at banks includes some uncleared cheques amounting to Tk. 167,828,000 which are shown in the reconciliation statements as "uncleared lodgement" but till our reporting date those cheques were not cleared. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 619494fd03147376ead74fcb
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from ACTIVEFINE
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.