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
Qualified Opinion: 1. Material Uncertainty Related to Going Concern: The company incurred a net loss of Tk. 78,528,333 during the year ended 30 June 2019 and the accumulated loss of the company as on June 30, 2019 stands at Tk. 533,045,616. As of that date, the Company's current liabilities stood Tk. 542,399,765 which exceeded its total assets Tk. 295,899,468 by Tk. 246,500,297. We also draw attention to the labour difficulties, inability to pay creditors on due dates, (cont. 1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b00004005689b
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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