EarningsPOWERGRID

POWERGRID Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
POWERGRID published a corporate disclosure on 18 February 2018. Read the full announcement for details.
Company
Power Grid Company of Bangladesh Ltd.
Announcement published

Original announcement

(Continuation news of POWERGRID): year by year till to date. It includes disputed amounts with DPDC BDT 414,877,218, DSECO BDT 3,106,230, M/S Abul Khair Steel Products BDT 6,433,733 and BWDB GK Project Bheramara, Kushtia, BDT 1,560,621. In our opinion, the Company is very unlikely to recover the amounts in full. If provisions were made for the above, the earnings per share (EPS) and net asset value (NAV) for the year 2016-2017 would have adversely been affected to that extent. (Cont. 6)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acef05a6b00004005d52b
Original publication
Last verified by BullBD
Translation
BullBD
Report incorrect information

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.