Corporate DisclosureUSMANIAGL

USMANIAGL Corporate Disclosure — 14 November 2021

Published
Last verified by BullBD

Announcement summary

What happened
USMANIAGL published a corporate disclosure on 14 November 2021. Read the full announcement for details.
Company
Usmania Glass Sheet Factory Limited
Announcement published

Original announcement

(Continuation news of USMANIAGL): 2020 related to Provident Fund (PF). 3.Furnace -1 is still shown under Property, Plant and Equipment (Note-03) having no future economic value as it has been stopped permanently as per the decision of the management. According to IAS -16 para 67(b) "The carrying amount of an item of property, plant and equipment shall be derecognized when no future economic benefits are expected from its use or disposal." (cont.7)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6190ba0a03147376ea9bee9e
Original publication
Last verified by BullBD
Translation
BullBD
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