Corporate DisclosureJUTESPINN

JUTESPINN Corporate Disclosure — 4 December 2018

Published
Last verified by BullBD

Announcement summary

What happened
JUTESPINN published a corporate disclosure on 4 December 2018. Read the full announcement for details.
Company
Jute Spinners Ltd.
Announcement published

Original announcement

(Continuation news of JUTESPINN): reported in the financial statements as our appointment of statutory audit was post dated on 18 October 2018. So, consequently inventory might be overstated or understated 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notes to the financial statements since the factory was closed down from 2016, either the quality of the inventories is obsolete or unusable condition (cont. 5)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005b025
Original publication
Last verified by BullBD
Translation
BullBD
Report incorrect information

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.