Corporate DisclosureTITASGAS

TITASGAS Corporate Disclosure — 19 October 2021

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Last verified by BullBD

Announcement summary

What happened
TITASGAS published a corporate disclosure on 19 October 2021. Read the full announcement for details.
Company
Titas Gas Transmission and Distribution PLC.
Announcement published

Original announcement

(Continuation news of TITASGAS): C) Due to delay in payment of bills by the bulk customers (Power- PDB) the Company calculates and charges penal interest on the bill amounts of the respective customers. As such a total amount of Tk. 55.89 crore has been recognized as interest income up to 30 June 2021 and included in Trade Receivables shown in Note #11. On the other hand, the Company accounted for meter rent and demand charges on its customer namely, (cont.5)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616e716503147376ea6a8fb2
Original publication
Last verified by BullBD
Translation
BullBD
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