Corporate DisclosureBIFC
BIFC Corporate Disclosure — 25 July 2017
Announcement summary
- What happened
- BIFC published a corporate disclosure on 25 July 2017. Read the full announcement for details.
- Company
- Bangladesh Industrial Fin. Co. Ltd.
- Announcement published
Original announcement
(Continuation news of BIFC): capital of the company is Tk. 1,006,799,440.00 indicates doubtful as a going concern entity and there cast a doubt to see company as going concern in the foreseeable future. 2. Out of total outstanding amount of Tk. 8,773,730,633.00 an amount of Tk. 7,533,878,259.00 is classified as bad/loss as on 31 December 2016 which is 85.87% of total outstanding amount. As a result, all the related financial indicators of this company suffered serious setback. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b00004005f015
- 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.