Corporate DisclosureDULAMIACOT

DULAMIACOT Corporate Disclosure — 26 November 2019

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Last verified by BullBD

Announcement summary

What happened
DULAMIACOT published a corporate disclosure on 26 November 2019. Read the full announcement for details.
Company
Dulamia Cotton Spinning Mills Ltd.
Announcement published

Original announcement

Material Uncertainty Related to Going Concern: We draw attention to Note # 1.06 in the financial statements, which indicates that the Company incurred a net loss of TK. 17,218,067 during the year ended June 30, 2019 and as of that date, the Company's current liabilities exceeded its total assets by TK. 192,557,063. As stated in Note 1.06, these events or conditions, along other matters as set forth in Note 1.06 indicate that a material uncertainty exists that may cast significant doubt (cont. 1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040058128
Original publication
Last verified by BullBD
Translation
BullBD
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