(Auditor's Observation): "Malek Siddiqui Wali, auditor of the company has given the following qualified opinion in the audit report of the company for the year ended on 30 June 2014:"
i) Cost of Production per M. Tons is Tk. 51,450.00 but selling price per M. Tons is Tk. 40,000.00 i.e. production cost is higher than selling price by Tk. 11,450.00 Per M. Tons.
ii) Actual production 11,391 M. Tons sugar in 175 crushing days comparing to budgeted production 12,800 M. Tons sugar in 172 days, which is 11% lower than budgeted target.
iii) Due to increase of bank loan liabilities, bank interest and huge accumulated loss it appears that the company is in the 'Going Concern' threat. The Government support helps the company survive/continue as a 'Going Concern.'