Corporate DisclosureGQBALLPEN

GQBALLPEN Corporate Disclosure — 9 December 2020

Published
Last verified by BullBD

Announcement summary

What happened
GQBALLPEN published a corporate disclosure on 9 December 2020. Read the full announcement for details.
Company
GQ Ball Pen Industries Ltd.
Announcement published

Original announcement

(Continuation news of GQBALLPEN): b) The company has reported Tk. 31.10 million as Inventories (Dead Stock) in note # 7.01 to the financial statements. Management has not stated the inventories at the lower of cost and net realizable value but has stated them solely at cost. Material Uncertainty Related to Going Concern: We draw attention to Note # 39 & 40 in the financial statements, which indicates that the company incurred net loss of BDT 68.21 million (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040054ece
Original publication
Last verified by BullBD
Translation
BullBD
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