(Auditor's Observation): "Malek Siddiqui Wali", Auditor of the company has given the following observations in the audit report of the company for the year ended on 30 June 2013: "Low production & Loss: (a) Due to shortage of sugar cane that is major raw materials the mills could not achieve budgeted target. Actual production 6222.00 M. Tons sugar in 90 crushing days comparing to budgeted production 8,800 M. Tons sugar in 120 days which is 29.29% that is lower than budgeted target. (b) Cost of production per M. Ton is Tk. 53,319 but selling price per M. Ton was Tk. 55,000 to 50,000, production cost is higher than selling price. (c) Due to increase of bank loan liabilities, bank interest and huge accumulated loss it appears that the company is in the Going Concern Threat."