Corporate DisclosureZEALBANGLA

ZEALBANGLA Corporate Disclosure — 20 November 2019

Published
Last verified by BullBD

Announcement summary

What happened
ZEALBANGLA published a corporate disclosure on 20 November 2019. Read the full announcement for details.
Company
Zeal Bangla Sugar Mills Ltd.
Announcement published

Original announcement

(Continuation news of ZEALBANGLA): Therefore, we are unable to quantify necessary adjustment amount for the relevant financial statement line item. 3. As per policy of the Company, depreciation should be charged on Non-Current Assets based on Reducing Balance Method. However, we have found that the company have charged depreciation on straight line basis on some of its fixed assets in the financial statements. This is a noncompliance of its(cont.3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040058281
Original publication
Last verified by BullBD
Translation
BullBD
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