Corporate DisclosureWATACHEM
WATACHEM Corporate Disclosure — 25 November 2021
Announcement summary
- What happened
- WATACHEM published a corporate disclosure on 25 November 2021. Read the full announcement for details.
- Company
- Wata Chemicals Limited
- Announcement published
Original announcement
(Continuation news of WATACHEM): a company should not cease the depreciation when the assets become idle or is retired from active use unless the assets are fully depreciated. As a result, depreciation for the current year has been undercharged by Taka 6,729,166. 2. Reference to Note # 12 to the financial statements, the Company has revalued its Property, Plant and Equipment in 2008 but the amount of surplus between depreciation based on the revalued carrying amount of the assets and (cont.2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 619f4cd103147376ea5e5df8
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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