Corporate DisclosureSHYAMPSUG

SHYAMPSUG Corporate Disclosure — 5 November 2020

Published
Last verified by BullBD

Announcement summary

What happened
SHYAMPSUG published a corporate disclosure on 5 November 2020. Read the full announcement for details.
Company
Shyampur Sugar Mills Ltd.
Announcement published

Original announcement

(Continuation news of SHYAMPSUG): creates net loss of Tk. 215,068 per M.Ton. 5. According to the company published policy in respect of depreciation of PPE. The company is charging depreciation a rate of 2.5% to 25%. However, the charging of depreciation for year was the same of previous year without making reference to the rate or useful life of each asset. The IAS 16(Para 43) require to depreciate each item separately based on useful life. (cont.5)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055720
Original publication
Last verified by BullBD
Translation
BullBD
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