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): charges penal interest on the bill amounts of the respective customers. As such a total amount of Tk. 51.36 crore has been recognized as interest income up to 30 June 2019 and included in Trade & other-receivables shown under Note # 11. On the other hand, the company accounted for meter rent charges on its customer namely, PDB for Tk.43.08 crore up to the year 2018-19. The Company has been recognizing these income and receivables since the year 2002. (cont. 6)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400580c3
Original publication
Last verified by BullBD
Translation
BullBD
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