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SAMATALETH

All Eps Dividend Board Agm Q1 Q2 Q3

SAMATALETH 24-Nov-2021

(Continuation news of SAMATALETH): notes to the financial statements in compliance with BSEC notification no. BSEC/CMRRCD/2006-158/208/admin/81 dated 20 June 2018. 9) Provision for lifetime expected credit loss on debtors has not been made as required by para 55.15 of FRS 9. 10) Sales for the year ended June 30, 2020 of Tk. 23,739,291 was not supported by evidence as such retained earnings has been overstated. Further, purchase raw materials, chemicals and stock & Spares for (cont.7)

SAMATALETH 24-Nov-2021

(Continuation news of SAMATALETH): has not been properly calculated and disclosed in accordance with para 81 (C) of IAS 12. 7) It is apparent from the statement of comprehensive income that the company made export sale during the year. But effects of changes in foreign exchange rates has not been made in the financial statements in accordance with para 28 of IAS 21. 8) Reconciliation of cash flows from operation between direct and indirect method has not been provided in (cont.5)

SAMATALETH 24-Nov-2021

(Continuation news of SAMATALETH): share (NOCFPS) as disclosed in the statement has been overstated. 5) Proportionate Transfer of Workers Profit Participation Fund (provision of 2019) to Workers Welfare Foundation Fund established under section of 14 of Bangaldesh Workers Welfare Foundation Act, 2006, has not been made in accordance with section 234 of Labor Act 2006 (amended in 2015). 6) Calculation of current tax amounting to Tk. 361,815 (note #25) (cont.4)

SAMATALETH 24-Nov-2021

(Continuation news of SAMATALETH): with para 15 of IAS 12 "Income Taxes". Moreover, the company has recognised the deferred tax for the first time in the financial statements but retrospective adjustment as required by para 22 of IAS 8 has not been done. Furthermore, third statement financial position as required by para 40A of IAS 1 has not been presented. 4) Statement of cash flows has not been properly calculated in accordance with IAS 7 as such Net Operating Cash Flow per (cont.3)

SAMATALETH 24-Nov-2021

(Continuation news of SAMATALETH): and profit & EPS has been overstated to the extent. 2) Annual transfer of revaluation reserve to retained earnings on the difference between depreciation based on the revalued carrying amount of the asset and depreciation based on the asset's original cost has not been made in accordance with para 41 of IAS 16. 3) Deferred tax liability as disclosed in note # 14 amounting to Tk. 4,020,341 has not been properly calculated in accordance (cont.2)

SAMATALETH 24-Nov-2021

The auditor of the Samata Leather Complex Ltd. has given the "Adverse Opinion" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Basis for Adverse Opinion: 1) Charges of depreciation on addition of fixed assets has not been properly calculated in accordance with para 55 of IAS 16. Moreover, depreciation on revalued assets has been adjusted with revaluation reserve rather charging in profit or loss account. In doing so, depreciation has been understated by Tk. 1,252,704 (cont.1)

SAMATALETH 15-Nov-2021

There will be no price limit on the trading of the shares of the Company today (15.11.2021) following its corporate declaration.

SAMATALETH 15-Nov-2021

The Board of Directors has recommended 0.50% cash dividend only for General Shareholders (excepting Sponsors, Directors and Placement holders) for the year ended on June 30, 2021. Date of AGM: 27.12.2021, Time: 10:30 AM, Venue: digital platform. Record Date: 05.12.2021. The Company has reported EPS of Tk. 0.10, NAV per share of Tk. 14.39 and NOCFPS of Tk. 0.24 for the year ended on June 30, 2021 as against Tk. 0.09, Tk. 14.61 and Tk. 0.42 respectively for the same period of the previous year.

SAMATALETH 04-Nov-2021

As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on November 14, 2021 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

SAMATALETH 16-Sep-2021

(Q3 Un-audited): EPS was Tk. (0.02) for January-March 2021 as against Tk. (0.041) for January-March 2020; EPS was Tk. (0.03) for July 2020-March 2021 as against Tk. 0.039 for July 2019-March 2020. NOCFPS was Tk. 0.25 for July 2020-March 2021 as against Tk. 0.40 for July 2019-March 2020. NAV per share was Tk. 14.27 as on March 31, 2021 and Tk. 14.39 as on June 30, 2020.

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