EarningsPOWERGRID

POWERGRID Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
POWERGRID published a corporate disclosure on 20 November 2014. Read the full announcement for details.
Company
Power Grid Company of Bangladesh Ltd.
Announcement published

Original announcement

(Continuation of News of POWERGRID): Repair and maintenance charge receivable from DESA is Tk. 104,722,014 which is being carried forward from 2010. But the company is yet to provide provisions for the amounts according to the report. As for the other disputed amounts, in our opinion the company is very unlikely to receive the amounts in full. If provisions were provided for the above mentioned amounts the EPS for the year 2013-14 would have adversely been affected. (cont. 6)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf4d5a6b000040065798
Original publication
Last verified by BullBD
Translation
BullBD
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