Corporate DisclosureZEALBANGLA

ZEALBANGLA Corporate Disclosure — 11 December 2016

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Last verified by BullBD

Announcement summary

What happened
ZEALBANGLA published a corporate disclosure on 11 December 2016. Read the full announcement for details.
Company
Zeal Bangla Sugar Mills Ltd.
Announcement published

Original announcement

The auditor of the company has given the following observations in the audit report of the company for the year ended on 30 June 2016. 1. Due to the company has suffered recurring loss from operation that effectively made net capital deficiency of Tk. (2,312,763,091) in total and Tk. (385.46) per share at the year end. 2. The company is only able to earn Tk. 48,000.00 per M.Ton by selling of sugar though cost of production of sugar M.Ton is Tk. 86,507.88 which efficiency create net loss (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b0000400607d8
Original publication
Last verified by BullBD
Translation
BullBD
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