Monno Ceramic’s financial report has some serious issues that could impact the share price of the company. They have been charged with misrepresenting their 2023–24 fiscal year losses as profits. It has been found that certain financial accounting irregularities, as well as the absence of provisions for VAT, income tax, and payables, are used to fictitiously boost profits.

For the fiscal year 2023–2024, Monno Ceramic officials reported a total net profit of Tk 1.47 crore per share, or Tk 0.39. The company’s officials, however, have displayed this fictitious profit without disclosing the VAT, income tax, and payables costs for that fiscal year.

This company’s share price, which has been displaying