EarningsSAMATALETH

SAMATALETH Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
SAMATALETH published a corporate disclosure on 23 December 2020. Read the full announcement for details.
Company
Samata Leather Complex Ltd.
Announcement published

Original announcement

(Continuation news of SAMATALETH): 04. Charges of depreciation on addition of fixed assets has not been properly calculated in accordance with para 55 of IAS 16. Moreover, depreciation on revalued assets has been adjusted with revaluation reserve rather charging in profit or loss account. In doing so, depreciation has been understated by Tk.1,252,704 and profit & EPS has been overstated to the extent. 05. Annual transfer of revaluation reserve to retained earnings (cont.3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040054d24
Original publication
Last verified by BullBD
Translation
BullBD
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