Corporate DisclosureTITASGAS

TITASGAS Corporate Disclosure — 27 November 2019

Published
Last verified by BullBD

Announcement summary

What happened
TITASGAS published a corporate disclosure on 27 November 2019. Read the full announcement for details.
Company
Titas Gas Transmission and Distribution PLC.
Announcement published

Original announcement

(Continuation news of TITASGAS): This excess loss of gas/revenue might be caused due to unlawful consumption of gas through connection of unrecorded/illegal gas lines. Moreover, as disclosed in Note # 33 to the financial statements, the Company has occurred 'Disconnection & Reduction of system loss cost' for an amount of Tk. 0.955 crore. This expense was incurred for disconnection & reduction of illegal gas connections during the year under audit, (cont.10)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400580bf
Original publication
Last verified by BullBD
Translation
BullBD
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