Corporate DisclosureNTC
NTC Corporate Disclosure — 24 November 2019
Announcement summary
- What happened
- NTC published a corporate disclosure on 24 November 2019. Read the full announcement for details.
- Company
- National Tea Company Ltd.
- Announcement published
Original announcement
Qualified Opinion: 1. We refer to Note 6, Property, Plant & Equipment which include "Bearer Plants" put under "Land & Plantation" that has a finite life and must be depreciated under IAS 16. The company did not charge any depreciation for the Bearer plants which is a noncompliance with IAS 16. Note: 6.00- Property, Plant and Equipments: Land & Plantation Balance as on June 30 2018 was Tk.1,615,684,102 and balance as on June 30 2019 was Tk.1,761,310,907.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b0000400581a6
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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