Corporate DisclosureFAMILYTEX

FAMILYTEX Corporate Disclosure — 1 January 2020

Published
Last verified by BullBD

Announcement summary

What happened
FAMILYTEX published a corporate disclosure on 1 January 2020. Read the full announcement for details.
Company
Familytex (BD) Limited
Announcement published

Original announcement

(Continuation news of FAMILYTEX): Note 7.00: Balance of Inventories as on 30.06.2019 was Tk. 1,338,289,483 and as on 30.06.18 was Tk. 1,210,145,326. b) As reported in Note no. 8.00 in the financial statements, trade and other receivables balances stood at Tk. 1,458,982,389 as on 30 June 2019. Since these balances of outstanding trade receivables were all created against export letter of credit (LC) issued from banks, the management of the Company considered all such balances as secured (cont. 2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040057d0f
Original publication
Last verified by BullBD
Translation
BullBD
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