Apex Foods Limited announcements
279 Dhaka Stock Exchange announcements for Apex Foods Limited (APEXFOODS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (17).
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned Surveillance entity rating of the Company as "A1" in the long term and "ST-1, ST-3" in the short term along with Stable outlook based on audited financial statements (FY June 30, 2022-2024), bank liability position as on October 31, 2024 and other information up to the date of rating declaration.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 2.20 for July-September 2024 as against Tk. 2.25 for July-September 2023; NOCFPS was Tk. (12.19) for July-September 2024 as against Tk. (31.28) for July-September 2023. NAV per share was Tk. 131.77 as on September 30, 2024 and Tk. 127.82 as on June 30, 2024. (cont.) (cont. news of APEXFOODS): Reasons for deviation: There was significant variance in NOCFPS as compared to the same period of last year mainly due to increase in collection from revenue and decrease in Bank Charge and Commission to the same period of last year. The main reason for increasing NAV Per Share is due to increase in share price of investment. (end)
- Resumption after Record date
Trading of the shares of the company will resume on 10.11.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 07.11.2024.
- 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 09, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- 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 05.11.2024 to 06.11.2024 and trading of the shares of the company will remain suspended on record date i.e., 07.11.2024.
- Emphasis of Matter
The auditor of the company has given the "Emphasis of Matter" paragraphs in the Auditor's Report of the company for the year ended June 30, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/November/APEXFOODS_2024.pdf
- Dividend Declaration
The Board of Directors has recommended 20% Cash Dividend for the year ended June 30, 2024. Date of AGM: 07.12.2024, Time: 11:30 AM, Venue: Digital Platform. Record date: 07.11.2024. The Company has also reported EPS of Tk. 5.66, NAV per share of Tk. 127.82 and NOCFPS of Tk. 23.90 for the year ended June 30, 2024 as against Tk. 8.91, Tk. 136.20 and Tk. 81.84 respectively for the year ended June 30, 2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (20.10.2024) following its corporate declaration.
- 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 17, 2024 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- (Q3 Un-audited): EPS was Tk. 1.49 for January-March 2024 as against Tk. 3.71 for January-March 2023; EPS was Tk. 4.64 fo
(Q3 Un-audited): EPS was Tk. 1.49 for January-March 2024 as against Tk. 3.71 for January-March 2023; EPS was Tk. 4.64 for July 2023-March 2024 as against Tk. 7.29 for July 2022-March 2023. NOCFPS was Tk. 6.14 for July 2023-March 2024 as against Tk. 63.82 for July 2022-March 2023. NAV per share was Tk. 129.20 as on March 31, 2024 and Tk. 136.20 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: (cont.1)
- (Cont. news of APEXFOODS): There was a significant variance occurred between 3rd quarter performance of 2022-2023 and 20
(Cont. news of APEXFOODS): There was a significant variance occurred between 3rd quarter performance of 2022-2023 and 2023-2024 nine months\' financial statements, as the EPS of 2022-2023 was Tk. 7.29 but it became Tk. 4.64 in the nine months\' financial statements 2023-2024. Decrease of EPS to TK 4.64 during the period due to gloomy economy in EU Countries UK, USA, Russia, Canada (about 90\% of our products shipped to those destination). (cont.2)
The first part of this announcement is missing from the archive. - Q3 Financials
(Cont. news of APEXFOODS): Prolong Russia-Ukraine war & recent Israel-Gaza conflict as a result continue demand declined & price fall, they bound to ship at a lower price. Net operating cash flows per share Tk. 6.14 for the nine months' period ended on 31st March 2024 but it was Tk. 63.82 for the same period of last year, this is mainly for decrease in collection from revenue during the period, however the scenario is changeable time to time depending on different issues. (end)
The first part of this announcement is missing from the archive. - 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, 2024 at 03:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.90 for October-December 2023 as against Tk. 1.57 for October-December 2022; EPS was Tk. 3.15 for July-December 2023 as against Tk. 3.57 for July-December 2022. NOCFPS was Tk. (41.13) for July-December 2023 as against Tk. (15.55) for July-December 2022. NAV per share was Tk. 130.17 as on December 31, 2023 and Tk. 136.20 as on June 30, 2023. Reason for deviation in NOCFPS: NOCFPS has been decreased mainly due to decrease in revenue and increase in payment for cost & expenses.
- 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 25, 2024 at 3:15 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.