Corporate DisclosureALIF
ALIF Corporate Disclosure — 14 November 2021
Announcement summary
- What happened
- ALIF published a corporate disclosure on 14 November 2021. Read the full announcement for details.
- Company
- Alif Manufacturing Company Ltd.
- Announcement published
Original announcement
(Continuation news of ALIF): neither we could physically count inventory on test basis due to COVID-19 and as such we could not confirm the Inventory amount physically. b) The company has reported PPE in the financial position on cash basis rather than accrual basis, as such the PPE understated in the financial position. Consequently, the depreciation understated and profit in the financial performance overstated. (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 6190ba0a03147376ea9bee8e
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from ALIF
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.