EarningsSONALIANSH
SONALIANSH Earnings Update
Announcement summary
- What happened
- SONALIANSH published a corporate disclosure on 23 November 2021. Read the full announcement for details.
- Company
- Sonali Aansh Industries Limited
- Announcement published
Original announcement
(Continuation news of SONALIANSH): 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) per share are also overstated to the same extent. Moreover, no (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 619cb45d03147376ea34b676
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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