Corporate DisclosureSHYAMPSUG

SHYAMPSUG Corporate Disclosure — 31 October 2021

Published
Last verified by BullBD

Announcement summary

What happened
SHYAMPSUG published a corporate disclosure on 31 October 2021. Read the full announcement for details.
Company
Shyampur Sugar Mills Ltd.
Announcement published

Original announcement

(Continuation news of SHYAMPSUG): 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. 8. The Company has not yet introduced deferred tax, which is non-compliance of IAS 12. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
617e436503147376eae22714
Original publication
Last verified by BullBD
Translation
BullBD
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