Corporate DisclosureSAMATALETH

SAMATALETH Corporate Disclosure — 24 November 2021

Published
Last verified by BullBD

Announcement summary

What happened
SAMATALETH published a corporate disclosure on 24 November 2021. Read the full announcement for details.
Company
Samata Leather Complex Ltd.
Announcement published

Original announcement

The auditor of the Samata Leather Complex Ltd. has given the "Adverse Opinion" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Basis for Adverse Opinion: 1) 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 (cont.1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
619ddef503147376ea441425
Original publication
Last verified by BullBD
Translation
BullBD
Report incorrect information

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.