Corporate DisclosurePOWERGRID
POWERGRID Corporate Disclosure — 8 January 2017
Announcement summary
- What happened
- POWERGRID published a corporate disclosure on 8 January 2017. Read the full announcement for details.
- Company
- Power Grid Company of Bangladesh Ltd.
- Announcement published
Original announcement
(continuation news of POWERGRID): the said amount should be recognized as loss in Statement of Profit or Loss and Other Comprehensive Income. Due to this misrepresentation, income for the period has been overstated by BDT 1,100,215,757.00. 5. As disclosed in Note#20.4, current account with corporation and other offices includes BDT 114,745,358.00 and BDT (2,422,567.00) on account of BPDB and project-1 respectively as on 30 June 2016. Also as per Note#13.3(A), the Company owes BDT 4,339,480,698.00.(cont. 7)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b000040060546
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from POWERGRID
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.