Corporate DisclosureCENTRALPHL

CENTRALPHL Corporate Disclosure — 26 November 2019

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Last verified by BullBD

Announcement summary

What happened
CENTRALPHL published a corporate disclosure on 26 November 2019. Read the full announcement for details.
Company
Central Pharmaceuticals Limited
Announcement published

Original announcement

(Continuation news of CENTRALPHL): has been provided. 5. The balance of accounts receivable has been increasing years to year. No latest status report thereof and confirmation certificate of lying balances as on 30.06.2019 with the concerned sales centers and parties have been provided. The company does not have details of receivables or any policy regarding recoverability of these receivables. Hence, recovery of accounts receivable is doubtful, but no provision for bad debts has been accounted for. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040058132
Original publication
Last verified by BullBD
Translation
BullBD
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