Apex Footwear Limited announcements
295 Dhaka Stock Exchange announcements for Apex Footwear Limited (APEXFOOT) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (21).
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has assigned the rating of the Company as "AA" in the long term and "ST-3" in the short term along with Stable outlook in consideration of its audited financials up to June 30, 2024 also unaudited financials up to September 30, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Dividend Disbursement
The Company has informed that it has credited the Bonus Shares for the year ended June 30, 2024 to the respective shareholders' BO Accounts.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 1.98 for July-September 2024 as against Tk. 1.56 for July-September 2023; NOCFPS was Tk. 43.12 for July-September 2024 as against Tk. 48.57 for July-September 2023. NAV per share was Tk. 476.35 as on September 30, 2024 and Tk. 474.37 as on June 30, 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 12, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Resumption after Record date
Trading of the shares of the company will resume on 23.10.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 22.10.2024.
- 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 20.10.2024 to 21.10.2024 and trading of the shares of the company will remain suspended on record date i.e., 22.10.2024.
- The Board of Directors has recommended 35\% Cash and 10\% Stock Dividend for the year ended June 30, 2024. Date of AGM:
The Board of Directors has recommended 35\% Cash and 10\% Stock Dividend for the year ended June 30, 2024. Date of AGM: 27.11.2024, Time: 11:00 AM, Venue: Digital Platform. Record Date: 22.10.2024. The Company has also reported EPS of Tk. 12.34, NAV per share of Tk. 474.37 and NOCFPS of Tk. 182.55 for the year ended June 30, 2024 as against Tk. 11.69, Tk. 217.85 and Tk. 24.75 respectively for the year ended June 30, 2023. (cont.1)
- (Cont. News of APEXFOOT): Disclosure on recommendation of stock dividend: i. Stock dividend has been recommended in view
(Cont. News of APEXFOOT): Disclosure on recommendation of stock dividend: i. Stock dividend has been recommended in view to utilize its retained amount as paid-up capital for improving the capital adequacy of the Company. ii. Stock dividend has been declared out of accumulated profit. and iii. Stock dividend has not been declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital (cont.2)
The first part of this announcement is missing from the archive. - (Cont. News of APEXFOOT): or through doing anything so that the post dividend retained earnings become negative or a deb
(Cont. News of APEXFOOT): or through doing anything so that the post dividend retained earnings become negative or a debit balance. The company has also informed that the increase in NOCFPS was for minimum purchase of goods and services in 2023-24 compared with 2022-23 considering the overall business scenario and less income tax payment in 2023-24 compared with 2022-23. (cont.3)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Cont. News of APEXFOOT): The increase in NAVPS was mainly for increase in Revaluation Surplus for the company's land revaluation in 2023-24; last revaluation of land was done in 2011-12. (end)
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 (01.10.2024) 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 September 30, 2024 at 04:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Revaluation of Land
The company has informed that the Board of Directors has accepted and approved the land revaluation report assessed by Malek Siddiqui Wali, Chartered Accountants. This revaluation was based on the audited financial statements of the company as on June 30, 2023. The summary of the valuation of the land is given below: Particulars: All existing land of Apex Footwear Ltd., Net Book Value: Tk. 1,443,623,800.00, Present Market Value: Tk. 5,126,400,000.00 and Revaluation surplus: Tk. 3,682,776,200.00.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 1.14 for January-March 2024 as against Tk. 0.88 for January-March 2023; EPS was Tk. 4.39 for July 2023-March 2024 as against Tk. 5.62 for July 2022-March 2023. NOCFPS was Tk. 91.47 for July 2023-March 2024 as against Tk. 84.09 for July 2022-March 2023. NAV per share was Tk. 219.06 as on March 31, 2024 and Tk. 217.85 as on June 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 April 28, 2024 at 02:40 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Buy Confirmation of a Sponsor Director
Mr. Syed Manzur Elahi, one of the Sponsor Directors of the Company, has further informed that he has completed his buying of 11,000 shares of the company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 12.02.2024.
- Buy Declaration of a Sponsor Director
Mr. Syed Manzur Elahi, one of the Sponsor Directors of the Company, has expressed his intention to buy 11,000 shares of the company at prevailing market price (in the Public Market) through Dhaka Stock Exchange PLC. within next 30 working days.
- (Q2 Un-audited): EPS was Tk. 1.68 for October-December 2023 as against Tk. 2.54 for October-December 2022; EPS was Tk. 3
(Q2 Un-audited): EPS was Tk. 1.68 for October-December 2023 as against Tk. 2.54 for October-December 2022; EPS was Tk. 3.25 for July-December 2023 as against Tk. 4.74 for July-December 2022. NOCFPS was Tk. 91.21 for July-December 2023 as against Tk. 89.32 for July-December 2022. NAV per share was Tk. 217.92 as on December 31, 2023 and Tk. 217.85 as on June 30, 2023. (cont.)
- Q2 Financials
(Continuation news of APEXFOOT): Reasons for Deviation in EPS: EPS decreased as the company's net sales revenue decreased compared with the same period of last year which was not possible to make up with cost control in all areas of operations. (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 January 30, 2024 at 6:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.