Corporate DisclosureSINOBANGLA

SINOBANGLA Corporate Disclosure — 29 June 2020

Published
Last verified by BullBD

Announcement summary

What happened
SINOBANGLA published a corporate disclosure on 29 June 2020. Read the full announcement for details.
Company
Sinobangla Industries Ltd.
Announcement published

Original announcement

(Continuation news of SINOBANGLA): Previously ?Acceptance Liability? against Usance LC was included in Sundry Creditors which is a component of cash flow from operating Activities. From July 2019 the liability is being recorded under short Term Loan which is part of Financial Activities. Because of this reclassification, NOCFPS deviation significantly increased. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056d53
Original publication
Last verified by BullBD
Translation
BullBD
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