Corporate DisclosureFIRSTFIN
FIRSTFIN Corporate Disclosure — 24 November 2021
Announcement summary
- What happened
- FIRSTFIN published a corporate disclosure on 24 November 2021. Read the full announcement for details.
- Company
- First Finance Limited
- Announcement published
Original announcement
(Continuation news of FIRSTFIN): recognized on the Balance Sheet includes two (2) loans for which the Company has overstated the Eligible Security amount on their books by BDT 19,739,860. Due to this overstatement, the overall required provision recognized by the Company is understated and the net income recognized for the period has been overstated by the same said amount. 8) We draw your attention to Note 7.08 to the financial statements which describe the effect of a (cont.9)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 619dd19803147376ea41e40e
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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