Corporate DisclosureSONALIANSH

SONALIANSH Corporate Disclosure — 27 November 2019

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Last verified by BullBD

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

Qualified Opinion: 1. The Company has not been charging depreciation on the additional value resulting from revaluation of fixed assets (Note: 13) as required by IAS 16: Property, Plant & Equipment since financial year 2006-2007. In consequence the net assets value of the Company remained overstated to the extent of chargeable depreciation. The net profit after tax and earnings per share are also being shown overstated to that extent. (cont. 1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b00004005809e
Original publication
Last verified by BullBD
Translation
BullBD
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