Corporate DisclosureBIFC
BIFC Corporate Disclosure — 18 July 2019
Announcement summary
- What happened
- BIFC published a corporate disclosure on 18 July 2019. Read the full announcement for details.
- Company
- Bangladesh Industrial Fin. Co. Ltd.
- Announcement published
Original announcement
(Continuation news of BIFC): continue as a going concern and therefore the company may be unable to realize its assets and repay its liabilities in the normal course of business. (2) Total outstanding amount Tk. 8,414,821,757 an amount of Tk. 8,096,801,865 has been classified as Bad and Loss as on December 31, 2018 which comprises 96.22% of the total outstanding amount. As a result, all the related financial indicators of this company suffered a serious setback. (cont. 19)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005969f
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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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.