Corporate DisclosureSINOBANGLA
SINOBANGLA Corporate Disclosure — 29 June 2020
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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