Atlas Bangladesh Limited announcements
269 Dhaka Stock Exchange announcements for Atlas Bangladesh Limited (ATLASBANG) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (27).
- Change of AGM Date
The Company has further informed that the 37th AGM of the Company will now be held on December 26, 2021 at 3:30 PM instead of earlier declared date December 23, 2021 at 3:30 PM. Other information of the AGM will remain unchanged.
- Resumption after record date
Trading of the shares of the Company will resume on 02.12.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 01.12.2021.
- Spot News
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle from 29.11.2021 to 30.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 01.12.2021.
- The auditor of the Atlas Bangladesh Ltd. has given the \" Qualified Opinion, Material Uncertainty Related to Going Conce
The auditor of the Atlas Bangladesh Ltd. has given the \" Qualified Opinion, Material Uncertainty Related to Going Concern & Emphasis of matters \" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: The Company\'s advance against VAT is carried in the statement of financial position at Taka 23,827,944 whereas advance against VAT is carried in the VAT return at Taka 10,601,059. So, the difference is at Taka 13,226,885 and we could not confirm (cont.1)
- (Continuation news of ATLASBANG): extent of the recoverability. Please refer to Note 8 \"Advance, Deposits and Prepaymen
(Continuation news of ATLASBANG): extent of the recoverability. Please refer to Note 8 \"Advance, Deposits and Prepayments\" of the notes to the financial statements for relevant details: Other Receivables are stated at Taka 17,365,857; Taka 1,579,025 of which as Customs Duty is a continuation from previous years and we could not confirm extent the recoverability. Please refer to Note 6 \"Trade and Other Receivables\" of the notes to the financial statements for relevant details: (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of ATLASBANG): Trade and Other Payables are stated at Taka 127,732,783; Taka 15,736,161 of which as L
(Continuation news of ATLASBANG): Trade and Other Payables are stated at Taka 127,732,783; Taka 15,736,161 of which as Liability for imported goods, Liability for Feasibility Study, and Creditors, are continuation of more than one previous year. Please refer to Note 18 \"Trade and Other Payable\" of the notes to the financial statements for relevant details: Material Uncertainty Related to Going Concern (IAS -570 para 19 & 22): (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of ATLASBANG): The company incurred a series of net loss subsequent six years. Details are given belo
(Continuation news of ATLASBANG): The company incurred a series of net loss subsequent six years. Details are given below: For the Financial Year 2015-2016, Net Loss After Tax was BDT 32,638,514.00 and Accumulated Loss Increasing from 2015-16 was BDT 32,638,514.00. For the Financial Year 2016-2017, Net Loss After Tax was BDT 71,889,065.00 and Accumulated Loss Increasing from 2015-16 was BDT 104,527,579.00. (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of ATLASBANG): For the Financial Year 2017-2018, Net Loss After Tax was BDT 36,936,518.00 and Accumul
(Continuation news of ATLASBANG): For the Financial Year 2017-2018, Net Loss After Tax was BDT 36,936,518.00 and Accumulated Loss Increasing from 2015-16 was BDT 141,464,097.00. For the Financial Year 2018-2019, Net Loss After Tax was BDT 32,638,514.00 and Accumulated Loss Increasing from 2015-16 was BDT 174,257,905.00. (cont.5)
The first part of this announcement is missing from the archive. - (Continuation news of ATLASBANG): For the Financial Year 2019-2020, Net Loss After Tax was BDT 44,562,254.00 and Accumul
(Continuation news of ATLASBANG): For the Financial Year 2019-2020, Net Loss After Tax was BDT 44,562,254.00 and Accumulated Loss Increasing from 2015-16 was BDT 218,820,159.00. For the Financial Year 2020-2021, Net Loss After Tax was BDT 102,208,834.00 and Accumulated Loss Increasing from 2015-16 was BDT 321,028,993.00. We draw attention to the following indications that a material uncertainty exists that may cast significant doubt on the Company\'s ability to (cont.6)
The first part of this announcement is missing from the archive. - (Continuation news of ATLASBANG): continue as a going concern: Net loss increasing year after year since financial year
(Continuation news of ATLASBANG): continue as a going concern: Net loss increasing year after year since financial year 2015-2016. Negative operating cash flows indicated by Financial Statements. Adverse Key Financial Ratios. Loss of Principal Supplier/Business relationship (Hero Honda Motors Brand). Emergence of a highly successful competitor. These events or conditions indicated above that a material uncertainty exists that may cast significant doubt on the Company\'s ability (cont.7)
The first part of this announcement is missing from the archive. - (Continuation news of ATLASBANG): to continue as a going concern and that the financial statements do adequately disclos
(Continuation news of ATLASBANG): to continue as a going concern and that the financial statements do adequately disclose this matter in note no. #2(a) (ii) of notes to the financial statements. However, as the company is an enterprise of Bangladesh Steel and Engineering Corporation under the Ministry of Industries, necessary support will be made available to keep the operation of the company ongoing foreseeable future if the government so wisely as such the company has considered (cont.8)
The first part of this announcement is missing from the archive. - (Continuation news of ATLASBANG): itself as a going concern. Our opinion is not modified in respect of the matter. Matte
(Continuation news of ATLASBANG): itself as a going concern. Our opinion is not modified in respect of the matter. Matter of Emphasis: We draw attention to the following matters, though our opinion is not modified by them: Long Term Loan: Long Term Loans are stated at Taka 2,184,296; Taka 2,184,241 of which as Interest Free Government Loan is a continuation of more than one previous year. We were unable to verify it. (cont.9)
The first part of this announcement is missing from the archive. - (Continuation news of ATLASBANG): Please refer to Note 15 \"Long Term Loan\" of the notes to the financial statements fo
(Continuation news of ATLASBANG): Please refer to Note 15 \"Long Term Loan\" of the notes to the financial statements for relevant details. Inter Project Accounts: Inter Project Accounts are stated at Taka 11,387,576; Taka 1,613,825 of which are continuation from previous year, and we could not confirm extent of the recoverability. Please refer to Note 7 \"Inter Project Accounts\" of the notes to the financial statements for relevant details: (cont.10)
The first part of this announcement is missing from the archive. - (Continuation news of ATLASBANG): Trade and Other Payable: Taka 2,990,569 of Trade and Other Payables (stated at Taka 12
(Continuation news of ATLASBANG): Trade and Other Payable: Taka 2,990,569 of Trade and Other Payables (stated at Taka 127,732,783) are Advance against Shares (Taka 184,050), and Sale proceeds of fraction shares (Taka 2,806,519) are continuation of more than one previous year. Please refer to Note 18 \"Trade and Other Payable\" of the notes to the financial statements for relevant details. (end)
The first part of this announcement is missing from the archive. - (Q1 Un-audited): EPS was Tk. (0.34) for July-September 2021 as against Tk. (0.52) for July-September 2020. NOCFPS was Tk
(Q1 Un-audited): EPS was Tk. (0.34) for July-September 2021 as against Tk. (0.52) for July-September 2020. NOCFPS was Tk. 0.26 for July-September 2021 as against Tk. 0.47 for July-September 2020. NAV per share was Tk. 127.00 as on September 30, 2021 and Tk. 128.00 as on June 30, 2021. (cont.)
- Q1 Financials
(Continuation news of ATLASBANG): Signification deviation in EPS and NOCFPS: Due to increase net sales and decrease the Admin, Selling and Distribution and Financial Expenses from the previous period. As a result positive significant deviation has occurred in EPS. Payment of trade payable increased in comparison to previous period for this reason negative significant deviation has occurred in NOCFPS. (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 (11.11.2021) following its corporate declaration.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended on June 30, 2021. Date of AGM: 23.12.2021, Time: 3:30 PM, Venue: Digital Platform. Record date: 01.12.2021. The Company has also reported EPS of Tk. (3.09), NAV per share of Tk. 128.00 and NOCFPS of Tk. (3.24) for the year ended on June 30, 2021 as against Tk. (1.35), Tk. 131.00 and Tk. (1.44) respectively for the same period of the previous year.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that, due to unavoidable circumstances, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on November 10, 2021 at 5:00 PM instead of November 09, 2021 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Reschedule 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 now be held on November 10, 2021 at 5:00 PM instead of November 09, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 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 November 09, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- 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 09, 2021 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended 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, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (0.94) for October-December 2020 as against Tk. (0.41) for October-December 2019; EPS was Tk. (1.46) for July-December 2020 as against Tk. (0.79) for July-December 2019. NOCFPS was Tk. (0.61) for July-December 2020 as against Tk. (2.44) for July-December 2019. NAV per share was Tk. 129.00 as on December 31, 2020 and Tk. 131.00 as on June 30, 2020.
- 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 27, 2021 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.