EarningsBIFC
BIFC Earnings Update
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): in financial statements of the company. This less provision has been made defying FID circular No. 06 dated 20 August 2006. The effect of such short provision overstated profit and adverse on EPS. 2. Interest Suspense: According to FID circular No. 06 dated 20 August 2006 Interest Suspense Account at the year end 31 December 2016 is required to be made for Tk. 631,924,656.00 but the company's management has created an amount of Tk. 359,972,546.00 only (cont. 2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b00004005f01d
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from BIFC
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