Bangladesh Finance PLC. announcements
508 Dhaka Stock Exchange announcements for Bangladesh Finance PLC. (BDFINANCE) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (22).
- (Q3 Un-audited): Consolidated EPS was Tk. (1.28) for July-September 2024 as against Tk. 0.13 for July-September 2023; Co
(Q3 Un-audited): Consolidated EPS was Tk. (1.28) for July-September 2024 as against Tk. 0.13 for July-September 2023; Consolidated EPS was Tk. (0.95) for January-September 2024 as against Tk. 0.37 for January-September 2023. Consolidated NOCFPS was Tk. (0.75) for January-September 2024 as against Tk. 0.41 for January-September 2023. Consolidated NAV per share was Tk. 10.57 as on September 30, 2024 and Tk. 11.53 as on December 31, 2023. Reasons for deviation in EPS and NOCFPS: (Cont.)
- Q3 Financials
(Cont. news of BDFINANCE): The Group's financial performance declined primarily due to an increase in provisions and suspense allocations for loans, leases, and investments compared to the same period last year. The consolidated NOCFPS declined mainly due to higher net repayments of borrowings compared to the same period last year. (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 October 29, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Credit Rating Result
Alpha Credit Rating Limited has assigned Surveillance rating of the Company as "AA" in the long term and "ST-1" in the short term along with Stable outlook based on audited financial statement as on December 31, 2023 and relevant qualitative information till August 24, 2024.
- (Q2 Un-audited): Consolidated EPS was Tk. 0.13 for April-June 2024 as against Tk. 0.14 for April-June 2023; Consolidated
(Q2 Un-audited): Consolidated EPS was Tk. 0.13 for April-June 2024 as against Tk. 0.14 for April-June 2023; Consolidated EPS was Tk. 0.33 for January-June 2024 as against Tk. Tk. 0.24 for January-June 2023. Consolidated NOCFPS was Tk. 0.54 for January-June 2024 as against Tk. 0.82 for January-June 2023. Consolidated NAV per share was Tk. 11.85 as on June 30, 2024 and Tk. 11.53 as on December 31, 2023. (cont.)
- Q2 Financials
(Continuation news of BDFINANCE): Reasons for deviation in Consolidated EPS and NOCFPS: EPS has been increased due to significant capital gains and dividends from share investments compared to the same period in the previous year. NOCFPS has been decreased due to the net outflow of deposits and borrowing compared to the same period in the previous year. (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 July 29, 2024 at 04:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Resumption after Record date
Trading of the shares of the company will resume on 09.07.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 08.07.2024.
- 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 from 04.07.2024 to 07.07.2024 and trading of the shares will remain suspended on record date i.e., 08.07.2024.
- The Board of Directors has recommended No dividend for the year ended December 31, 2023 due to the allocation of additio
The Board of Directors has recommended No dividend for the year ended December 31, 2023 due to the allocation of additional provisions and suspense against stressed loans, leases, and advances. This is a Road to Safety strategy aims to recognize potential credit risk early, ensuring adequate reserves, and safeguard the company\'s overall financial health. Date of AGM: 30.07.2024, Time: 11:00 AM, Venue: Digital Platform; Record Date: 08.07.2024. (cont.1)
- (Continuation news of BDFINANCE): The Company has also reported Consolidated EPS of Tk. (5.60), Consolidated NAV per sha
(Continuation news of BDFINANCE): The Company has also reported Consolidated EPS of Tk. (5.60), Consolidated NAV per share of Tk. 11.53 and Consolidated NOCFPS of Tk. 1.35 for the year ended December 31, 2023 as against Tk. 1.25, Tk. 17.41 and Tk. 2.24 respectively for the year ended December 31, 2022. The Board of Directors of the company in the same meeting approved to change of the name of the company to \"BANGLADESH FINANCE PLC\" from \"BANGLADESH FINANCE LIMITED\". (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of BDFINANCE): Reason for changes in NOCFPS (Consolidated): The consolidated NOCFPS decreased due to
(Continuation news of BDFINANCE): Reason for changes in NOCFPS (Consolidated): The consolidated NOCFPS decreased due to a reduction in interest income, lower income from investments in securities, increased payment of income tax liabilities, and higher investments in securities compared to the previous year. Reason for changes in Basic EPS (Consolidated): The Company\'s financial performance declined compared to the previous year due to (cont.3)
The first part of this announcement is missing from the archive. - (Q1 Un-audited): Consolidated EPS was Tk. 0.20 for January-March 2024 as against Tk. 0.10 for January-March 2023. Consol
(Q1 Un-audited): Consolidated EPS was Tk. 0.20 for January-March 2024 as against Tk. 0.10 for January-March 2023. Consolidated NOCFPS was Tk. 0.82 for January-March 2024 as against Tk. (1.13) for January-March 2023. Consolidated NAV per share was Tk. 11.73 as on March 31, 2024 and Tk. 11.53 as on December 31, 2023. Reason for changes in EPS (Consolidated) The Group\'s financial performance (cont.)
- Dividend Declaration
(Continuation news of BDFINANCE): the allocation of additional interest suspense and provisions against stressed loans, leases, and advances. These measures were taken to mitigate unforeseen credit risks, address potential losses early, prevent further deterioration and defaults, ensure adequate reserves, and safeguard overall financial health. Furthermore, there was a reduction in fees and commissions from capital market and a substantial decline in income from investments in securities. (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 (13.06.2024) following its corporate declaration.
- Q1 Financials
(Continuation news of BDFINANCE): improved due to higher capital gains and dividends received from investment in securities, compared to the same period of last year. Reason for changes in NOCFPS (Consolidated): The consolidated NOCFPS increased due to higher income from investments in securities and conservative disbursement of loans, leases, and advances compared to the same period last 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 June 12, 2024 at 07:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 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 June 12, 2024 at 7:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- The Company has informed that Chowdhury Monwar Ahmed Siddiqui, one of the Sponsors of the company passed away on 14.05.2
The Company has informed that Chowdhury Monwar Ahmed Siddiqui, one of the Sponsors of the company passed away on 14.05.2021. His holding of 1,729,356 shares will be transmitted among his successors according to the Succession Certificate issued by the Honorable Court. However, the portion of shares of Chowdhury Erteza Ahmed Siddiqui, who is son of the deceased and also a sponsor of the company, will not be transmitted now (cont.)
- Share Transmission of Deceased Sponsor among his successors
(Continuation news of BDFINANCE): as the company has informed that he has not applied yet for the transmission including the submission of declaration form. (end)
The first part of this announcement is missing from the archive. - Query Response
In response to the DSE query, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.