Corporate DisclosureNTC

NTC Corporate Disclosure — 28 October 2020

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Last verified by BullBD

Announcement summary

What happened
NTC published a corporate disclosure on 28 October 2020. Read the full announcement for details.
Company
National Tea Company Ltd.
Announcement published

Original announcement

(Continuation news of NTC): under audit the Company could not make required profit and as such no provision for WPPF and WF has been made. Gratuity valuation: Without qualifying our report, we draw attention to the note 5H ii(a) to the accompanying financial statements where the Company has maintained and presented defined benefits plan (gratuity). During the year, the Company has shown gratuity amounting to Taka 253,598,661 which is calculated based on last (cont.6)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055a1d
Original publication
Last verified by BullBD
Translation
BullBD
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