Bangladesh Welding Electrodes Ltd. announcements
317 Dhaka Stock Exchange announcements for Bangladesh Welding Electrodes Ltd. (BDWELDING) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (18).
- DSE query
In response to a DSE query dated December 04, 2014, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.<br>
- Q3 Earnings
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported net profit after tax of Tk. 6.21 million with EPS of Tk. 0.15 as against Tk. 5.72 million and Tk. 0.14 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 13.29 million with EPS of Tk. 0.33 for the period of nine months (Jan'14 to Sep'14) ended on 30.09.2014 as against Tk. 17.67 million and Tk. 0.43 respectively for the same period of the previous year.
- DSE query
In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- H/Y Earnings
(H/Y): As per un-audited half yearly accounts as on 30.06.2014 (Jan'14 to June'14), the Company has reported net profit after tax of Tk. 7.08 million with EPS of Tk. 0.17 as against Tk. 11.95 million and Tk. 0.29 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 2.15 million with EPS of Tk. 0.05 for the period of 3 months (Apr'14 to June'14) ended on 30.06.2014 as against Tk. 1.86 million and Tk. 0.05 respectively for the same period of the previous year.
- Normal trading of the shares of the Company will resume on 20.05.2014 after record date.
Normal trading of the shares of the Company will resume on 20.05.2014 after record date.
- Q1 Earnings
As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported net profit after tax of Tk. 4.94 million with EPS of Tk. 0.12 as against Tk. 10.09 million and Tk. 0.25 (restated) respectively for the same period of the previous year.
- (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Compan
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported net profit after tax of Tk. 4.94 million with EPS of Tk. 0.12 as against Tk. 10.09 million and Tk. 0.25 (restated) respectively for the same period of the previous year.
- Trading of the shares of the Company will remain suspended on record date i.e., 19.05.2014.
Trading of the shares of the Company will remain suspended on record date i.e., 19.05.2014.
- (Qualified Opinion): The auditor of the company has given the following qualified opinion in the audit report of the com
(Qualified Opinion): The auditor of the company has given the following qualified opinion in the audit report of the company for the year ended on 31 December 2013: " Basis for qualified opinion: Reference Note No. 22.01" "Inventories include - Value of raw materials inherited from GOB in 1983+ Value of raw materials and other items damaged by flood in 2000= Tk. (13,536,902 + 29,098,090) = Tk. 42,634,992. (cont.1)
- (Continuation of news of BDWELDING): The raw materials amounting to Tk. 13, 536,902/- inherited from GOB in 1983 in non-
(Continuation of news of BDWELDING): The raw materials amounting to Tk. 13, 536,902/- inherited from GOB in 1983 in non-existent as claim to GOB was turn down as the factory was sold "as it is where it is basis." The inventories (Raw materials and other items) damaged by flood in 2000 valued Tk. 29,098,090/- are not useable and lying in the go-down as obsolete. A suit is pending at High Court against the claim. However, nothing has been written off in these financial statements under these heads for which inventories and value thereof do not conform to the requirement of BAS-2." (End)
The first part of this announcement is missing from the archive. - Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 05.05.2014 to 18.05.2014. Trading of the shares of the Company will remain suspended on record date i.e., 19.05.2014.
- Catagory Changed
The Company will be placed in "Z" category from existing "B" category with effect from April 29, 2014 as per Dhaka Stock Exchange (Settlement of Transactions) Regulations, 2013; since the Company did not recommend any dividend for the year ended on December 31, 2013.
- The Board of Directors did not recommend any dividend for the year ended on December 31, 2013. Date of AGM: 26.06.2014,
The Board of Directors did not recommend any dividend for the year ended on December 31, 2013. Date of AGM: 26.06.2014, Time: 11:00 AM, Venue: Institution of Engineers, Bangladesh, Ramna, Dhaka. Record Date: 19.05.2014. The Company has also reported EPS of Tk. 0.24, NAV per share of Tk. 16.98 and NOCFPS of Tk. (0.11) for the year ended on December 31, 2013 as against Tk. 0.35, Tk. 17.66 and Tk. 2.60 respectively for the year ended on December 31, 2012.
- There will be no price limit on the trading of the shares of the Company today (28.04.2014) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (28.04.2014) following its corporate declaration.
- The Company will be placed in "Z" category from existing "B" category with effect from April 29, 2014 as per Dhaka Stock
The Company will be placed in "Z" category from existing "B" category with effect from April 29, 2014 as per Dhaka Stock Exchange (Settlement of Transactions) Regulations, 2013; since the Company did not recommend any dividend for the year ended on December 31, 2013.
- As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on April 27, 2014 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2013.
- Credit Rating
Emerging Credit Rating Limited (ECRL) has rated the Company as "BBB+" in the long term and ECRL-3 in the Short term along with a stable outlook to the Company based on audited financials of the Company up to December 31, 2012, half yearly published report of FY 2013, field visit, bank information and other qualitative and quantitative information up to the date of rating.
- Emerging Credit Rating Limited (ECRL) has rated the Company as "BBB+" in the long term and ECRL-3 in the Short term alon
Emerging Credit Rating Limited (ECRL) has rated the Company as "BBB+" in the long term and ECRL-3 in the Short term along with a stable outlook to the Company based on audited financials of the Company up to December 31, 2012, half yearly published report of FY 2013, field visit, bank information and other qualitative and quantitative information up to the date of rating.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.