EarningsAFCAGRO

AFCAGRO Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
AFCAGRO published a corporate disclosure on 6 December 2020. Read the full announcement for details.
Company
AFC Agro Biotech Ltd.
Announcement published

Original announcement

(Continuation news of AFCAGRO): Section 242 of the Bangladesh Labour Act- 2006 (as amended up to 2013). 4. As per DCT's notice order dated: 04.03.2020 total tax liability comes to Tk. 205,497,337. But no provision has been made in the financial statements therefore profit and EPS has been overstated to that extent. 5. The Company has made significant related party transactions without complying BSEC Notification (cont.06)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040054f48
Original publication
Last verified by BullBD
Translation
BullBD
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