Corporate DisclosureAIL
AIL Corporate Disclosure — 14 November 2021
Announcement summary
- What happened
- AIL published a corporate disclosure on 14 November 2021. Read the full announcement for details.
- Company
- Alif Industries Limited
- Announcement published
Original announcement
(Continuation news of AIL): the management did not disclose anything regarding Bangladesh Bank Circular letter No: FEPD EXPORT Policy 220/2016-18) in the financial Statements either. In calculating liability for deferred tax (note no: 16), the company include revaluation portion of the fixed assets which is not in line with applicable regulation/accounting standards. This results in overstatement of deferred tax liability. In addition to these, the company did not applied (cont.4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 6190b99103147376ea9bd958
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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