Corporate DisclosureVFSTDL

VFSTDL Corporate Disclosure — 16 November 2021

Published
Last verified by BullBD

Announcement summary

What happened
VFSTDL published a corporate disclosure on 16 November 2021. Read the full announcement for details.
Company
VFS Thread Dyeing Limited
Announcement published

Original announcement

The auditor of the VFS Thread Dyeing Limited has given the "Qualified Opinion" & "Emphasis of matters" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: Disclosed in note no. 10.00 of the financial statements related to trade receivable, the balance of the trade receivables has been increasing years to years. About 77% of total sales are lying as trade receivables. The ageing period is unlikely in comparison to other companies of the same industry.(cont.1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6193520503147376eac46030
Original publication
Last verified by BullBD
Translation
BullBD
Report incorrect information

Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.