Corporate DisclosureDULAMIACOT
DULAMIACOT Corporate Disclosure — 31 October 2021
Announcement summary
- What happened
- DULAMIACOT published a corporate disclosure on 31 October 2021. Read the full announcement for details.
- Company
- Dulamia Cotton Spinning Mills Ltd.
- Announcement published
Original announcement
(Continuation news of DULAMIACOT): The company has sold inventory during the year as wastage for which no proper explanation for quantity & valuation could be provided that confirms the sale as wastage (note 23.00). No provision has been made for writing off the value of inventories due to its obsolescence or non-existence. Consequently, inventory is overstated or asset of the company and loss /retained earnings is understated. (cont.8)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 617e3eb503147376eae123ca
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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