Corporate DisclosureSONALIANSH
SONALIANSH Corporate Disclosure — 27 November 2019
Announcement summary
- What happened
- SONALIANSH published a corporate disclosure on 27 November 2019. Read the full announcement for details.
- Company
- Sonali Aansh Industries Limited
- Announcement published
Original announcement
(Continuation news of SONALIANSH): deliveries are made and risk of ownership has been transferred to the customer. But while making the actual transactions, the Company has recognized sales revenue (Note: 24) at the time of realization of receivables from the respective customers which is inconsistent with the policy adopted by the Company and also inconsistent with the IFRS 15 "Revenue from Contracts with Customers". Note: 24: Sales: Sales for the year ended 30 Jun 2019 was Tk. 393,411,449 (cont. 9)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b000040058096
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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