EarningsSONALIANSH
SONALIANSH Earnings Update
Announcement summary
- What happened
- SONALIANSH published a corporate disclosure on 29 November 2020. Read the full announcement for details.
- Company
- Sonali Aansh Industries Limited
- Announcement published
Original announcement
(Continuation news of SONALIANSH): has not charged any depreciation on the additional value resulting from revaluation of fixed assets as required by IAS 16: Property, Plant & Equipment (Paragraph 31). As a consequence, the net assets value of the Company remained overstated to the extent of chargeable depreciation; the net profit after tax also remained overstated by the same figure over the years. Hence, the Earnings Per Share (EPS), and the Net Assets Value (NAV) (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b00004005508c
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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