BullBD Old Apps Site
Home
Favorites
Recently viewed Details Chart Today news Share news Top gainer Top Looser Upcoming events
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0 1 2 3 4 5 6 7 8 9 All
Bank Cement Ceramics Sector Corporate Bond Engineering Financial Institutions Food & Allied Fuel & Power IT Sector Insurance Jute Life Insurance Miscellaneous Mutual Funds Paper & Printing Pharmaceuticals & Chemicals Services & Real Estate Tannery Industries Telecommunication Textile Travel & Leisure All
  • Details
  • Chart
  • News

ECABLES

All Eps Dividend Board Agm Q1 Q2 Q3

ECABLES 11-Apr-2017

The Company has informed that it has signed a contract to purchase a High Speed (1+6) Skip Type Stranding Machine, with a price of USD 1,23,307.00, manufactured from M/s. Sarvasv Machinery & Equipment Pvt. Ltd. of New Delhi, India via Local Agent: M/S. Al-Noor Global Trading, Dhaka, Bangladesh.

ECABLES 02-Mar-2017

The Company has informed that it has disbursed Cash Dividend for the year ended on June 30, 2016 to the respective shareholders' Bank Accounts and mailing address.

ECABLES 22-Jan-2017

(Q2 Un-audited): EPS was Tk. 0.02 for October-December, 2016 as against Tk. (0.13) for October-December, 2015; EPS was Tk. 0.04 for July-December, 2016 as against Tk. 0.03 for July-December, 2015. NOCFPS was Tk. (7.11) for July-December, 2016 as against Tk. (4.71) for July-December, 2015. NAV per share was Tk. 30.46 as of December 31, 2016 and Tk. 30.43 as of June 30, 2016.

ECABLES 16-Jan-2017

(Continuation news of ECABLES): and other assets have not been made in line with Para Clause 5(A) (iii) & (IV) of schedule-I under Rule 12(2) of the Securities and Exchange Rules, 1987 and the provision of Part-I, Schedule XI, Section 185 of Companies Act 1994, adequate discloser note has been made in the financial statement. (End)

ECABLES 16-Jan-2017

(Continuation news of ECABLES): Also, no amount was invested as per section 49 and subsection of section 58 of BS of BAS-19. 8. It appears from Notes 06, 07, 08, and 09 of the financial statements that the disclosure requirement (Ageing Schedule i.e., analysis of the age of financial asset) for Debtors and Advance, Deposits & Prepayments (cont.7)

ECABLES 16-Jan-2017

(Continuation news of ECABLES): Since the amount was not provided in the financial statements profit has been overstated to the same extent.(Note-6.01, 7.00 & 8.00).7. As disclosed in note-18 of notes to the financial statements, ECL operates a gratuity scheme. But no unfunded actuarial valuation has been done as per BAS-19 and hence it is not possible to confirm whether the year-end provision agree with or approximates to, the provision that would have been required by actuarial valuation. (cont.6)

ECABLES 16-Jan-2017

(Continuation news of ECABLES): 6. An amount of Tk. 30,583,985 receivable from various parties shown at management report point 4.01 has been carried forward since long period under the head 'Debtors', 'Current Account-with projects under BSEC Disinvested by Government' and 'Current Accounts with Project under BSEC'. It is very unlikely that these amounts will be recovered. (cont.5)

ECABLES 16-Jan-2017

(Continuation news of ECABLES): The repetition of revaluation reserve with same amount from year after year is impracticable for the effect of IAS-1 or IAS-8 whichever is applicable. 5. As disclosed in note -4 of notes to the financial statements a sum of Tk. 413,599,349 has been shown under the head inventories of stock & stores which includes of obsolete /damage stock as per physical verification. No valuation for damage/obsolete stock has been charged into comprehensive income statement. (cont.4)

ECABLES 16-Jan-2017

(Continuation news of ECABLES): 3. An amount of Tk. 21,321,239 payable to various parties has been carried forward since long under the head "Other Financial Liabilities & Provision". No balance confirmation Certificate was made available to us. As such we could not confirm the said amount (Note-24). 4.The company revalued its assets in the year 1987 and the revaluation reserve has been carrying forward since then to the extent of Tk. 18,043,822 without transferring the same into Retained Earnings.(cont.3)

ECABLES 16-Jan-2017

(Continuation news of ECABLES): Balance amount of the Tk. 213,507,020 is not provided in the financial statements resulting overstatement of profit during the year to that extent. 2.An amount of Tk. 116,899,892 is shown under the head Present Liability (Local), Pre-Liberation, Liabilities, and Liabilities against Sundry Outstanding Expense.The management could not provide us Party-wise Schedule/Subsidiary Ledger to whom the amount to be payable. Hence, we could not verify the said amount (Note-23).(cont.2)

Previous Next page