Corporate DisclosurePROGRESLIF
PROGRESLIF Corporate Disclosure — 23 February 2020
Announcement summary
- What happened
- PROGRESLIF published a corporate disclosure on 23 February 2020. Read the full announcement for details.
- Company
- Progressive Life Insurance Co. Ltd.
- Announcement published
Original announcement
(Continuation news of PROGRESLIF): said investment would be pro?table in future. k) In note 18 of the financial statements, PLICL disclosed that PLICL recognizes outstanding premium as revenue according to IFRS 9. Outstanding premium as at December 31, 2018 has been collected subsequently. Note 18 - Outstanding premium: Balance of Outstanding premium as on 31-12-2018 was Taka 76,669,720 and as on 31-12-2017 was Taka 91,482,560. (cont. 32)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b0000400575e5
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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