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): captioned "National Active Pharmaceutical Ingredients (API) & Laboratory Reagents Production and Export Policy" regarding tax exemption against which SRO from National Board of Revenue (NBR) was not obtained. Therefore, profit, EPS & related Equity has been overstated to that extent. No proper disclosure has been made in accordance with Para 46 & Para 81(c) of IAS-12. Further the company also did not comply with (cont.02)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040054f4c
Original publication
Last verified by BullBD
Translation
BullBD
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