Bangladesh Autocars Limited announcements
292 Dhaka Stock Exchange announcements for Bangladesh Autocars Limited (BDAUTOCA) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (19).
- Category Change
The Company has been placed in 'B' category from existing 'A' category with effect from December 29, 2021 as the Company has approved 4% Cash dividend (other than Sponsors and Directors) for the year ended on June 30, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 23.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2021.
- The auditor of the Bangladesh Autocars Ltd. has given the \"Qualified Opinion\" & \" Other matter paragraphs\" paragraph
The auditor of the Bangladesh Autocars Ltd. has given the \"Qualified Opinion\" & \" Other matter paragraphs\" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: 1. The company has refund claim of Tk. 1,070,772 dated: 28.11.2007 and 22.08.2008 to taxation authority for VAT deducted at import stage. The said claim was not responded by the government authority since then. (cont.1)
- (Continuation news of BDAUTOCA): This long outstanding should be written off in the face of statement of profit or loss
(Continuation news of BDAUTOCA): This long outstanding should be written off in the face of statement of profit or loss as the chance of recoverability of said claim is remote. 2.In view of our audit, we observed that the financial statements is excessively carrying of Tk. 2,195,974 and Tk. 183,631 respect of Advance Income Tax (note no. 5.02) and advance against capital expenditure respectively. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of BDAUTOCA): The Advance Income Tax and advance against capital expenditure should be written off fu
(Continuation news of BDAUTOCA): The Advance Income Tax and advance against capital expenditure should be written off further by Tk. 2,819,605. 3. If the observation raised in SL no. 1 to 2 in Basis of Qualified Opinion Paragraph is correctly accounted for in these financial statements for the year June 30, 2021, then Net Asset Value (NAV) at the year-end will be reduced by Tk. 2,379,605. Consequently, the NAV per share shall be reduced by Tk.0.55. (cont.3)
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 transactions will also be settled as per Spot settlement cycle with cum benefit from 18.11.2021 to 21.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2021.
- Qualified Opinion & Other matter paragraphs
(Continuation news of BDAUTOCA): Other Matter Paragraphs: 1. As per labor act 2006, sec-234, the company must have to pay WPPF liability within 09 months form the accounting year end. The company is carrying forward WPPF liability of taka 2,778,409 at the year. 2. During our audit we did not obtain third party confirmation in all respect. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.12 for July-September 2021 as against Tk. 0.10 for July-September 2020; NOCFPS was Tk. 0.15 for July-September 2021 as against Tk. 0.81 for July-September 2020. NAV per share was Tk. 6.97 as on September 30, 2021 and Tk. 6.85 as on June 30, 2021. NOCFPS is decreased as a result of reduced of liabilities at the year end. Moreover the NOCFPS per share was increase in company as previous year due to reduction of working capital in the year.
- 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, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- The Board of Directors has recommended 4% Cash dividend (other than Sponsors and Directors) for the year ended on June 3
The Board of Directors has recommended 4% Cash dividend (other than Sponsors and Directors) for the year ended on June 30, 2021. Total paid up number of shares is 43,26,013 nos. and General Shareholders holding is 30,25,766 nos. of shares and Sponsors Shareholders and Directors are holding 13,00,247 nos. of shares (except independent Directors) Taka 12,10,307/- which is 4% cash dividend for 30,25,766 number of shares of Taka 10 each payable to the General Shareholders. (cont.)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (31.10.2021) following its corporate declaration.
- Dividend Declaration
(Cont. of BDAUTOCA): Date of AGM: December 28, 2021, Time: 12:00 Noon, Venue: Digital Platform. Record Date: November 22, 2021. The Company has reported EPS of Tk. 0.37, NAV per share of Tk. 6.85 and NOCFPS of Tk. 2.05 for the year ended on June 30, 2021 as against Tk. 0.34, Tk. 6.79 and Tk. (0.05) respectively for the same period of the previous year. (end)
The first part of this announcement is missing from the archive. - 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 28, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- (Q3 Un-audited): EPS was Tk. 0.06 for January-March 2021 as against Tk. 0.05 for January-March 2020; EPS was Tk. 0.31 fo
(Q3 Un-audited): EPS was Tk. 0.06 for January-March 2021 as against Tk. 0.05 for January-March 2020; EPS was Tk. 0.31 for July 2020-March 2021 as against Tk. 0.79 for July 2019-March 2020. NOCFPS was Tk. 1.42 for July 2020-March 2021 as against Tk. 0.12 for July 2019-March 2020. NAV per share was Tk. 6.80 as on March 31, 2021 and Tk. 6.79 as on June 30, 2020. (cont.)
- Q3 Financials
(Continuation news of BDAUTOCA): The Company has also informed that in effect of Covid-19 the sales of the Company is severely affected. As such sales of the Company revenue has been fall on by 27% (approx.). Hence result net profit has also been decreased severely during this period. Due to reduction of working capital requirement, the NOCFPS of the Company was significantly better then comparative periods of operating cash flow. (end)
The first part of this announcement is missing from the archive. - As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
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 August 19, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- (Q2 Un-audited): EPS was Tk. 0.15 for October-December 2020 as against Tk. 0.20 for October-December 2019; EPS was Tk. 0
(Q2 Un-audited): EPS was Tk. 0.15 for October-December 2020 as against Tk. 0.20 for October-December 2019; EPS was Tk. 0.25 for July-December 2020 as against Tk. 0.74 for July-December 2019. NOCFPS was Tk. 1.24 for July-December 2020 as against Tk. 0.92 for July-December 2019. NAV per share was Tk. 6.74 as on December 31, 2020 and Tk. 7.18 as on June 30, 2019.
- As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
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, 2021 at 4:00 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.