Corporate DisclosureJUTESPINN

JUTESPINN Corporate Disclosure — 22 November 2020

Published
Last verified by BullBD

Announcement summary

What happened
JUTESPINN published a corporate disclosure on 22 November 2020. Read the full announcement for details.
Company
Jute Spinners Ltd.
Announcement published

Original announcement

(Continuation news of JUTESPINN): Tk. 243,791,989 which represents 83.49% of its total assets. We were unable to determine the value & quantity of inventories to be reported in the financial statements as our appointment of statutory audit was post-dated on 24 September 2020. Consequently, inventory might be overstated so as to profit or asset of the organization. ii. The company has not disclosed write down policy of inventories in the notes to the financial statements (cont.11)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055217
Original publication
Last verified by BullBD
Translation
BullBD
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