EarningsSAMATALETH
SAMATALETH Earnings Update
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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