Corporate DisclosureJUTESPINN
JUTESPINN Corporate Disclosure — 30 July 2020
Announcement summary
- What happened
- JUTESPINN published a corporate disclosure on 30 July 2020. Read the full announcement for details.
- Company
- Jute Spinners Ltd.
- Announcement published
Original announcement
(Continuation news of JUTESPINN): the inventories at lower of cost and net realizable value. And company has not disclosed any fair market value except cost of inventory Tk. 243,791,989. We were unable to determine the value and quantity of inventories to be reported in the financial statements as our appointment of statutory audit was post dated on 10 September 2019. Consequently, inventory might be overstated so as to profit or asset of the organization. (cont. 6)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056896
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from JUTESPINN
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.