Corporate DisclosureNORTHERN
NORTHERN Corporate Disclosure — 29 November 2020
Announcement summary
- What happened
- NORTHERN published a corporate disclosure on 29 November 2020. Read the full announcement for details.
- Company
- Northern Jute Manufacturing Co. Ltd.
- Announcement published
Original announcement
(Continuation news of NORTHERN): construction is taka 88,780,594 (taka 5,549 per square feet). According to the nature & area of the structure this amount of construction is not justifiable. Furthermore, we observed that no depreciation was charged on this addition, so depreciation expenses are undercharged by 369,919 and profit overstated by same amount. 4. Capital Work-in-Progress balance at the yearend stood of taka 38,291,367 which is 4% of total (cont.4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b00004005507a
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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