Corporate DisclosureNTC

NTC Corporate Disclosure — 31 October 2021

Published
Last verified by BullBD

Announcement summary

What happened
NTC published a corporate disclosure on 31 October 2021. Read the full announcement for details.
Company
National Tea Company Ltd.
Announcement published

Original announcement

(Continuation news of NTC): The management of the Company could not quantity the impact of such under provision of depreciation. In the absence of bearer plants capitalization and deprecation policy neither we could calculate accumulated depreciation and depreciation charge for the year, nor we could find any basis for the lump sum provision. Immature bearer plants for which no valuation is available either have also been capitalized as asset rather than (cont.4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
617e41fe03147376eae1e57d
Original publication
Last verified by BullBD
Translation
BullBD
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