Corporate DisclosureVFSTDL
VFSTDL Corporate Disclosure — 16 November 2021
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
(Continuation news of VFSTDL): Hence, recovery of trade receivable and also existence of the balances as on date is doubtful, but no provision for bad debts has been accounted for. Confirmations/certificate of lying balances as on 30 June, 2021 with the concerned parties were requested but not received. Proper explanation could not be provided for lying amounts not received on due time. Emphasis of Matter: The volume of inventories is high in comparison to purchase, production capacity, (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 6193520503147376eac46032
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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