Corporate DisclosureSHEPHERD
SHEPHERD Corporate Disclosure — 31 October 2021
Announcement summary
- What happened
- SHEPHERD published a corporate disclosure on 31 October 2021. Read the full announcement for details.
- Company
- Shepherd Industries PLC
- Announcement published
Original announcement
(Continuation news of SHEPHERD): "Covid-19". Besides, inventories comprised obsolete and damaged items held for long period of time against which management did not recognize required provision. As a result, this would have overstated both net profit and net assets in the financial statements. We could not test appropriateness of the valuation of closing inventories reported due to lack of adequate records. (cont.3)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 617e71cd03147376eae7da5d
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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