2020-09-21: Cont3-Auditor's Opinion

FAREASTFIN(cont3):The company has sustained an accumulated loss of Tk. 1,522,224,822 as on December 31, 2019 which includes net loss after Tax Tk. 717,997,592 for the year ended December 31, 2019. The net asset value per share (NAV) has been reduced from Tk. 7.22 to Tk. 2.85 and net operating cash flow per share (NOCFPS) has also been reduced from Tk. 3.47 to Tk. (1.19) from the year 2018 to 2019. The company's net liability exceeds its assets within one year Tk. 1,532,764,232 (Tk. 4,019,249,424- Tk. 2,486,485,192) and the Company's Shareholders equity has decreased from Tk. 1,184,855,468 to Tk. 466,857,876 from the year 2018 to 2019 respectively.(cont4)