Apex Tannery Limited announcements
279 Dhaka Stock Exchange announcements for Apex Tannery Limited (APEXTANRY) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (21).
- Appointment of Chairman and Managing Director
The company has informed that the Board of Directors has appointed Mr. Syed Nasim Manzur as the Chairman and Acting Managing Director of the company with effect from November 20, 2024.
- Board decision to enter into Leather Sales Contracts
The company has informed that the Board of Directors has taken the decision to enter into a contract to sell its finished leather with FB Footwear Ltd., Footbed Footwear Ltd., and Nuovo Shoes (BD) Ltd. an exporter of footwear, as some directors of the company are also directors of FB Footwear Ltd., Footbed Footwear Ltd., and Nuovo Shoes (BD) Ltd. The contract is for sale of finished leather by the Company (cont.) (cont. news of APEXTANRY): in its usual course of business at market prices of various grades and quality as mentioned in the contract. It is estimated that the annual sale to FB Footwear Ltd., Footbed Footwear Ltd., and Nuovo Shoes (BD) Ltd. by the Company will be more or less Tk.10,00,00,000.00, Tk.5,00,00,000.00 and Tk.1,00,00,000.00 (it may exceed or may be below the contracted amount depending on the market demand) respectively. (end)
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (4.70) for July-September 2024 as against Tk. (2.68) for July-September 2023; NOCFPS was Tk. (3.14) for July-September 2024 as against Tk. (7.72) for July-September 2023. NAV per share was Tk. 40.74 as on September 30, 2024 and Tk. 45.43 as on June 30, 2024. Net loss and negative EPS in the current period are due to mainly reduction of sales volume. In addition, significant increase of finance expenses caused to net loss.
- 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 6:45 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 05.11.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 04.11.2024.
- 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 31.10.2024 to 03.11.2024 and trading of the shares of the company will remain suspended on record date i.e., 04.11.2024.
- The Board of Directors has recommended 5\% Cash Dividend for General shareholders other than Sponsor Shareholders for th
The Board of Directors has recommended 5\% Cash Dividend for General shareholders other than Sponsor Shareholders for the year ended June 30, 2024. Date of AGM: 26.12.2024, Time: 11:00 AM, Venue: Hybrid System (Both Physical and Digital Platform) at Apex Tannery Limited, Plot no. XA1, XA2, XA3 and XS8, BSCIC Tannery Industrial Estate, Harindhara, Hemayetpur, Savar, Dhaka-1340. (cont.)
- Dividend Declaration
(Cont. news of APEXTANRY): Record date: 04.11.2024. The Company has also reported EPS of Tk. (8.31), NAV per share of Tk. 45.43 and NOCFPS of Tk. 1.87 for the year ended June 30, 2024 as against Tk. (8.17), Tk. 54.85 and Tk. 5.38 respectively for the year ended June 30, 2023. (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 (09.10.2024) following its corporate declaration.
- Dividend Declaration (Additional Information)
Refer to their earlier news disseminated today i.e., 09.10.2024 regarding dividend declaration, the company has further informed that quantity of securities held by sponsors: 8,33,850 nos. and amount payable to general securities holders as dividend: Tk. 72,03,075.00.
- 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 08, 2024 at 04:15 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- (Q3 Un-audited): Basic and Diluted EPS was Tk. 1.24 for January-March 2024 as against Tk. (1.92) for January-March 2023;
(Q3 Un-audited): Basic and Diluted EPS was Tk. 1.24 for January-March 2024 as against Tk. (1.92) for January-March 2023; Basic and Diluted EPS was Tk. (2.47) for July 2023-March 2024 as against Tk. (5.40) for July 2022-March 2023. NOCFPS was Tk. (0.95) for July 2023-March 2024 as against Tk. 4.44 for July 2022-March 2023. NAV per share was Tk. 51.45 as on March 31, 2024 and Tk. 54.85 as on June 30, 2023. (cont.1)
- (Continuation News of APEXTANRY): Reasons for deviation in EPS, NOCFPS and NAVPS are: Gross profit margin increased to T
(Continuation News of APEXTANRY): Reasons for deviation in EPS, NOCFPS and NAVPS are: Gross profit margin increased to T k. 132,428,164 due mainly increase of sales price, sales volume and efficiency in production. During this quarter ended 31 March 2024 collections from turnover and bills receivables decreased by 1\% compared to the same period previous year. (cont.2)
The first part of this announcement is missing from the archive. - Q3 Financials
(Continuation News of APEXTANRY): Payment for purchase of leather, chemicals, spare parts, creditors and other expenses increased by 15.62%. So, overall Net Operating Cash Flow per share decreased compared to last year?s same period. Net Assets Value Per Share decreased due to decrease of fair valuation surplus and retained earnings. (en
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 02:45 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Credit Rating Information and Services Limited (CRISL) has assigned rating of the Company as \"AA-\" in the long term an
Credit Rating Information and Services Limited (CRISL) has assigned rating of the Company as \"AA-\" in the long term and \"ST-3\" for short term along with a Developing outlook in consideration of its audited financials up to June 30, 2023 also unaudited financials up to December 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (1.03) for October-December 2023 as against Tk. (1.95) for October-December 2022; EPS was Tk. (3.71) for July-December 2023 as against Tk. (3.48) for July-December 2022. NOCFPS was Tk. (2.44) for July-December 2023 as against Tk. (0.05) for July-December 2022. NAV per share was Tk. 50.35 as on December 31, 2023 and Tk. 54.85 as on June 30, 2023.
- Q2 Financials (Additional Information)
(Q2 Un-audited): Reasons for deviation in NOCFPS and NAVPS: NOCFPS has negatively increased as cash receipts from customers decreased compared to the same period of previous year. Additionally, increase in payment for purchase of leather, chemicals, spare parts and increase in payment to creditors and other expenses caused the negative increase in NOCFPS. NAVPS has decreased due to decrease of fair valuation surplus and retained earnings.
- 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, 2024 at 3:30 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.