Corporate DisclosureMAKSONSPIN
MAKSONSPIN Corporate Disclosure — 20 November 2019
Announcement summary
- What happened
- MAKSONSPIN published a corporate disclosure on 20 November 2019. Read the full announcement for details.
- Company
- Maksons Spinning Mills PLC.
- Announcement published
Original announcement
Material Uncertainty Related to Going Concern: We draw attention to Note # 3.17 in the financial statements which describes the basis of using going concern in preparing financial statements by the Company. The Company's profitability significantly dropped during the year from BDT 115,281,804 in 2017-18 to BDT 28,448,349 which is a decrease of more than 75%. (Cont. 1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b00004005829e
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from MAKSONSPIN
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.