Aramit Limited announcements
251 Dhaka Stock Exchange announcements for Aramit Limited (ARAMIT) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (21).
- Resumption after record date
Trading of the shares of the Company will resume on 06.12.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 05.12.2022.
- The auditor of the Aramit Limited has given the \"Emphasis of Matter\" paragraphs in the Auditor\'s Report for the year
The auditor of the Aramit Limited has given the \"Emphasis of Matter\" paragraphs in the Auditor\'s Report for the year ended 30 June 2022. Emphasis of Matter: i. We draw attention to note 03.02.04 of the financial statements, the Company has not complied IAS 16\"Property, Plant and Equipment\" for the impairment of Property, Plant and Equipment every three or five years as per IAS 36 \"Impairment of Assets\" Para 9 in the financial Statements, (cont.1)
- (Continuation news of ARAMIT): which appears to us most unsatisfactory. ii. We draw attention to note 03.02.05 of the fi
(Continuation news of ARAMIT): which appears to us most unsatisfactory. ii. We draw attention to note 03.02.05 of the financial statements, the Company has not complied IAS16 \"Property, Plant and Equipment\" Para 34 for the valuation of Property, Plant and Equipment in the Financial Statements. iii. We draw attention to note- 07 the company has not complied recognition of expected credit loss in line with para 5.5 of IFRS 9 \"Financial Instruments\". (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of ARAMIT): Our opinion is not modified in respect of this matter. iv. We draw attention to note no-1
(Continuation news of ARAMIT): Our opinion is not modified in respect of this matter. iv. We draw attention to note no-17 in respect of adjustment of Customer credit balance. Our opinion is not modified in respect of this matter. v. We draw attention to note 03.10.03 of the financial statements, which describes matters related to Proportionate non-transfer of workers profit participation (10\% of WPPF) fund to Govt. exchequer in accordance with section 234 of Labor Act 2006, (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of ARAMIT): (amended 2015). Our opinion is not modified in respect of this matter. vi. We draw attent
(Continuation news of ARAMIT): (amended 2015). Our opinion is not modified in respect of this matter. vi. We draw attention to note 03.10.01 of the financial statements, which describes matters related to Employees\' Gratuity fund. Gratuity fund has not been maintained in accordance with IAS 19 \"Employee Benefits/FRC Circular. Moreover, the fund is not approved by NBR and actuary valuation also not been done.\" (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of ARAMIT): Note 07 Trade Receivables: The balance of Trade Receivables was BDT 83,034,175 and BDT 66
(Continuation news of ARAMIT): Note 07 Trade Receivables: The balance of Trade Receivables was BDT 83,034,175 and BDT 66,937,173 as on June 30, 2022 and June 30, 2021 respectively. Almost all trade receivables are collected regularly within 30 to 45 days from the invoice date. Note 17 Creditors and Accruals: The balance of Creditors and Accruals was BDT 233,584,139 and BDT 228,996,088 as on June 30, 2022 and June 30, 2021 respectively. (cont.5)
The first part of this announcement is missing from the archive. - (Continuation news of ARAMIT): Note 03.10.03 Workers Profit Participation & Welfare fund: The company also recognizes a
(Continuation news of ARAMIT): Note 03.10.03 Workers Profit Participation & Welfare fund: The company also recognizes a provision for Workers\' Profit Participation and Welfare Funds @ 5\% of net profit before tax in accordance with the provision of Section 234 (Kha), Chapter 15 of Bangladesh Labor Law 2006.A provision has been taken in the financial statement of WPP & WF for the workers welfare foundation fund. (cont.6)
The first part of this announcement is missing from the archive. - 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 01.12.2022 to 04.12.2022. Trading of the shares will remain suspended on record date i.e., 05.12.2022.
- Emphasis of Matter
(Continuation news of ARAMIT): The board of trustee has decided to deposit this amount of workers welfare foundation fund within earliest period. Also, a provision has been made for payment of 10% of WPP F to govt. exchequer for the amount of T k. 322,697 in accordance with section 14.3 of Bangladesh Workers Welfare Foundation Act 2006 which is yet to be paid to the govt. exchequer immediately. (end)
The first part of this announcement is missing from the archive. - Dividend Declaration
The Board of Directors recommended 50% Cash dividend for the year ended June 30, 2022. Date of AGM: 29.12.2022, Time: 10:30 AM, Venue: Digital Platform. Record date: 05.12.2022. The Company has also reported EPS of Tk. 8.25, NAV per share of Tk. 152.28 and NOCFPS of Tk. 5.11 for the year ended June 30, 2022 as against Tk. 7.69, Tk. 160.27 and Tk. 5.78 respectively for the same period of the previous year.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 1.13 for July-September, 2022 as against Tk. 1.14 for July-September, 2021. NOCFPS was Tk. (0.89) for July-September, 2022 as against Tk. (6.83) for July-September, 2021. NAV per share was Tk. 152.51 as on September 30, 2022 and Tk. 152.28 as on June 30, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (15.11.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- 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 14, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- 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 November 14, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 2.01 for January-March 2022 as against Tk. 1.03 for January-March 2021; EPS was Tk. 5.13 for July 2021-March 2022 as against Tk. 3.22 for July 2020-March 2021. NOCFPS was Tk. (1.85) for July 2021-March 2022 as against Tk. (1.49) for July 2020-March 2021. NAV per share was Tk. 173.18 as on March 31, 2022 and Tk. 181.42 as on June 30, 2021.
- 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 May 23, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2022.
- (Q2 Un-audited): EPS was Tk. 1.98 for October-December 2021 as against Tk. 1.51 for October-December 2020; EPS was Tk. 3
(Q2 Un-audited): EPS was Tk. 1.98 for October-December 2021 as against Tk. 1.51 for October-December 2020; EPS was Tk. 3.12 for July-December 2021 as against Tk. 2.18 for July-December 2020. NOCFPS was Tk. (8.92) for July-December 2021 as against Tk. (5.95) for July-December 2020. NAV per share was Tk. 172.93 as on December 31, 2021 and Tk. 181.42 as on June 30, 2021. (cont.)
- Q2 Financials
(Continuation news of ARAMIT): The Company has also informed that reason for significant deviation in EPS is due to earning from fittings and fixing services and interest income from associate companies as compared to same period of July-December, 2020. NOCFPS: Negative impact is due to increase in finished goods stock and collection from customers did not reach satisfactory level due to the impact of seasonal factors and credit facilities are provided to the dealers for a short span of time. (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 March 06, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.