Corporate DisclosureBDWELDING
BDWELDING Corporate Disclosure — 7 September 2020
Announcement summary
- What happened
- BDWELDING published a corporate disclosure on 7 September 2020. Read the full announcement for details.
- Company
- Bangladesh Welding Electrodes Ltd.
- Announcement published
Original announcement
(Continuation news of BDWELDING): Note 22.04- Provision for Obsolete Inventories: Balance of Provision for Obsolete Inventories was Tk. 0 & 50,807,392 as at 30.06.2018 and as at 30.06.2017 respectively. The Company had to maintain the stock of flood damaged goods in the absence of getting insurance claim and not being able to adjust the liability of the bank against goods under LTR/pledge. Since the factory shifting continuing, retaining of the damaged goods and (cont. 9)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b00004005635c
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from BDWELDING
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.