Aman Cotton Fibrous PLC. announcements
142 Dhaka Stock Exchange announcements for Aman Cotton Fibrous PLC. (ACFL) since 2018: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (21).
- Resumption after Record Date
Trading of the shares of the company will resume on 27.11.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 26.11.2023.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 22.11.2023 to 23.11.2023 and trading of the shares will remain suspended on record date i.e., 26.11.2023.
- The auditor of the company has given the \"Qualified Opinion and Emphasis of Matter\" paragraph in the Auditor\'s Report
The auditor of the company has given the \"Qualified Opinion and Emphasis of Matter\" paragraph in the Auditor\'s Report of the company for the year ended June 30, 2023. To view the details, please visit: https://www.dsebd.org/assets/pdf/Qualified\%20Opinion\%20&\%20Emphasis\%20of\%20Matter\%20of\%20Aman\%20Cotton\%20Fibrous\%20Limited\%20for\%20the\%20year\%20ended\%20on\%2030\%20June\%202023.pdf
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.03 for July-September 2023 as against Tk. 0.31 for July-September 2022; NOCFPS was Tk. (1.58) for July-September 2023 as against Tk. 0.92 for July-September 2022. NAV per share was Tk. 34.53 as on September 30, 2023 and Tk. 34.50 as on June 30, 2023. EPS has been decreased due to increase in raw cotton price, gas price and decrease in sales. NOCFPS has been decreased due to increase in supplier payment and decrease in sales.
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that due to unavoidable circumstances a meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on November 14, 2023 at 4:00 PM instead of November 13, 2023 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(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 13, 2023 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- The Board of Directors has recommended 10\% Cash Dividend only for general shareholders excluding Sponsor Directors for
The Board of Directors has recommended 10\% Cash Dividend only for general shareholders excluding Sponsor Directors for the year ended June 30, 2023. The Company has also informed that the dividend payable to general shareholders is BDT 50,833,333.00 only. Sponsor shareholders hold 50,000,000 shares. Date of AGM: 28.12.2023, Time: 12:10 PM, Venue: Digital Platform. Record Date: 26.11.2023. The Company has also reported EPS of Tk. (0.94), NAV per share of Tk. 34.50 and NOCFPS of Tk. 4.30 (cont.1)
- (Continuation news of ACFL): for the year ended June 30, 2023 as against Tk. 0.76, Tk. 35.14 and Tk. 3.30 respectively f
(Continuation news of ACFL): for the year ended June 30, 2023 as against Tk. 0.76, Tk. 35.14 and Tk. 3.30 respectively for the year ended June 30, 2022. Reasons for deviation in NOCFPS and EPS: NOCFPS has been increased due to cash paid to suppliers and others has decreased for that net cash collection has increased compared to the last year. Moreover, during the period inventory has decreased which accelerated decrease in cash paid to suppliers compared to previous year. (cont.2)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Dividend Declaration
(Continuation news of ACFL): EPS has been decreased due to raw cotton price has increased and Overhead cost has also been increased compared to last year. The price of Gas, packing materials and other materials have also increased resulting increased cost of production. During the period Dollar rate has increased resulting increase in finance cost. (end)
The first part of this announcement is missing from the archive. - Reschedule of Board Meeting under LR 19(1)
The Company has further informed that, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on October 28, 2023 at 4:30 PM instead of October 23, 2023 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Board Meeting schedule under LR 19(1)
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 October 23, 2023 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (0.69) for January-March 2023 as against Tk. 0.43 for January-March 2022; EPS was Tk. (0.40) for July 2022-March 2023 as against Tk. 0.99 for July 2021-March 2022. NOCFPS was Tk. 6.38 for July 2022-March 2023 as against Tk. 3.45 for July 2021-March 2022. NAV per share was Tk. 34.23 as on March 31, 2023 and Tk. 35.14 as on June 30, 2022.
- Q3 Financials (Additional Information)
(Q3 Un-audited): The company has further informed that EPS has been decreased due to increase in raw cotton price, gas price, and increase in salary and wages. NOCFPS has been increased significantly due to substantial increase in export realization against sales and decrease in payment to suppliers and others.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(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 April 29, 2023 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (0.02) for October-December 2022 as against Tk. 0.29 for October-December 2021; EPS was Tk. 0.29 for July-December 2022 as against Tk. 0.55 for July-December 2021. NOCFPS was Tk. 2.62 for July-December 2022 as against Tk. 1.95 for July-December 2021. NAV per share was Tk. 34.92 as on December 31, 2022 and Tk. 35.14 as on June 30, 2022.
- Q2 Financials (Additional Information)
(Q2 Un-audited): The Company has further informed that EPS has been decreased as raw cotton price has been increased by 31%, Salary and Wages increased by 26% and gas price per unit increased by 17%. On the other hand, Yard price has been decreased by 9%. NOCFPS has been increased significantly due to substantial decrease in account receivable, increased in export realization against sales.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(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 January 28, 2023 at 11:30 AM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
- Alpha Credit Rating Limited (AlphaRating) has assigned Surveillance rating of the Company as \"BB+\" in the long term an
Alpha Credit Rating Limited (AlphaRating) has assigned Surveillance rating of the Company as \"BB+\" in the long term and \"ST-4\" in the short term along with stable outlook based on audited financial statements of the Company as on June 30, 2022 and relevant qualitative information till January 14, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.