Corporate DisclosureFAREASTFIN
FAREASTFIN Corporate Disclosure — 23 September 2020
Announcement summary
- What happened
- FAREASTFIN published a corporate disclosure on 23 September 2020. Read the full announcement for details.
- Company
- Fareast Finance & Investment Limited
- Announcement published
Original announcement
(Continuation news of FAREASTFIN): has sustained an accumulated loss of Tk. 1,522,224,822 on December 31, 2019 which includes net loss after Tax Tk. 717,997,592 for the year ended December 31, 2019. The Net asset value per share (NAV) has been reduced from Tk. 7.22 to Tk. 2.85 and net operating cash flows per share (NOCFPS) has also been reduced from Tk. 3.47 to Tk. (1.19) from the year 2018 to 2019. The company's net liability exceeds its assets within one year (cont. 7)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b00004005611a
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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