Bangladesh Shipping Corporation announcements
297 Dhaka Stock Exchange announcements for Bangladesh Shipping Corporation (BSC) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (20).
- Q1
As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported profit/(loss) after tax of Tk. 22.55 million with EPS of Tk. 1.66 as against Tk. 17.54 million and Tk. 1.29 respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (2,320.33) million as on 30.09.2014.
- 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 30 June 2013: "Qualified Opinion" 1. Deferred taxes on temporary difference on PPE and gratuity provision have been considered for deferred tax calculation. However, these items were neither recognised in profit and loss as per para 58 and nor recognised outside profit or loss 61A of IAS 12 Income taxes and we are not in a position to calculate the amount to be charged in profit or loss and outside profit or loss i.e. directly in equity. As disclosed in note # 15 to the financial statements, BSC operates a defined benefit plan for gratuity scheme and makes provision as per the corporation's policy. But no actuarial valuation as per BAS 19 has been done, and hence it is not possible to confirm whether the yearned provision agrees with, or approximates to, the provision that would have been required by actuarial valuation. 3. An amount of Tk. 24,445,441 receivable from 70 parties have been carried forward since the year 2007 under the head Sundry Debtors C/A Tk. 759,197,256. It is very unlikely that these amounts will be recovered but no provision has been made against such doubtful debts as per BAS 8. Loan of Sonali Bank A/C Banglar Shikha Tk. 39,827,709 has been carried forward from 2010-2011. We have sent balance confirmation letter to confirm the balance and duly received. As per confirmation letter of Sonali Bank Limited dated 01-12-2013 the balance stands at Tk. 665,332,431.23 which needs reconciliation for incorporation in the accounts. 5. Bangladesh Government loan Tk. 103,200,000 the balance has remained unpaid since 2002 and no interest also been charged upon the said loan. Interest on term loan of Agrani Bank Limited is Tk. 23,973,202 has been shown in the books of Bangladesh Shipping Corporation which has been carried forward from 2008-2009. We have sent balance confirmation letter to confirm the balance and duly received. But as per balance confirmation letter, bankers claim in favour of the loan against Bangladesh Shipping Corporation is Tk. 378,841,233 as on 30/06/2013.
- (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 30 June 2013: "Qualified Opinion"1. Deferred taxes on temporary difference on PPE and gratuity provision have been considered for deferred tax calculation. However, these items were neither recognised in profit and loss as per para 58 and nor recognised outside profit or loss 61A of IAS 12 Income taxes and we are not in a position to calculate the amount to be charged in profit or loss and outside profit or loss i.e. directly in equity. (cont.-1)
- (continuation of news of BSC): 2. As disclosed in note # 15 to the financial statements, BSC operates a defined benefit
(continuation of news of BSC): 2. As disclosed in note # 15 to the financial statements, BSC operates a defined benefit plan for gratuity scheme and makes provision as per the corporation's policy. But no actuarial valuation as per BAS 19 has been done, and hence it is not possible to confirm whether the yearned provision agrees with, or approximates to, the provision that would have been required by actuarial valuation. 3. An amount of Tk. 24,445,441 receivable from 70 parties have been carried forward since the year 2007 under the head Sundry Debtors C/A Tk. 759,197,256. It is very unlikely that these amounts will be recovered but no provision has been made against such doubtful debts as per BAS 8. (cont.-2)
The first part of this announcement is missing from the archive. - (continuation of news of BSC): 4. Loan of Sonali Bank A/C Banglar Shikha Tk. 39,827,709 has been carried forward from 20
(continuation of news of BSC): 4. Loan of Sonali Bank A/C Banglar Shikha Tk. 39,827,709 has been carried forward from 2010-2011. We have sent balance confirmation letter to confirm the balance and duly received. As per confirmation letter of Sonali Bank Limited dated 01-12-2013 the balance stands at Tk. 665,332,431.23 which needs reconciliation for incorporation in the accounts.5. Bangladesh Government loan Tk. 103,200,000 the balance has remained unpaid since 2002 and no interest also been charged upon the said loan. (cont.-3)
The first part of this announcement is missing from the archive. - (continuation of news of BSC): 6. Interest on term loan of Agrani Bank Limited is Tk. 23,973,202 has been shown in the b
(continuation of news of BSC): 6. Interest on term loan of Agrani Bank Limited is Tk. 23,973,202 has been shown in the books of Bangladesh Shipping Corporation which has been carried forward from 2008-2009. We have sent balance confirmation letter to confirm the balance and duly received. But as per balance confirmation letter, bankers claim in favour of the loan against Bangladesh Shipping Corporation is Tk. 378,841,233 as on 30/06/2013. (End)
The first part of this announcement is missing from the archive. - The Corporation has informed that it took an arrangement in last September 2011 to purchase 6 new ships (3 of Product oi
The Corporation has informed that it took an arrangement in last September 2011 to purchase 6 new ships (3 of Product oil Tanker and 3 of Bulk Carrier) through China National Machinery Imp. & Exp. Corp. (CMC), China on the basis of Govt. to Govt. by China Exim Bank under Preferential/Concessional loan at the value of USD 184.50 million. In line with that process, an agreement between CMC, China and BSC has been signed on 30.04.2014 in regarding building of ships.
- Normal trading of the shares of the Company will resume on 29.04.2014 after record date.
Normal trading of the shares of the Company will resume on 29.04.2014 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 28.04.2014.
Trading of the shares of the Company will remain suspended on record date i.e., 28.04.2014.
- 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 with cum benefit from 24.04.2014 to 27.04.2014. Trading of the shares of the Company will remain suspended on record date i.e., 28.04.2014.
- The Board of Directors has recommended 10% cash dividend (i.e. Tk. 10.00 per share of Tk. 100.00 each) for the year ende
The Board of Directors has recommended 10% cash dividend (i.e. Tk. 10.00 per share of Tk. 100.00 each) for the year ended on June 30, 2013. Date of AGM: 21.06.2014, Time: 11:00 AM, Venue: "Shaheed Mohammad Fazlur Rahman Munshi Auditorium", Chittagong Port Area, Chittagong. Record date: 28.04.2014. The Company has also reported net profit of Tk. 16.30 million, Basic EPS of Tk. 1.97, Diluted EPS of Tk. 1.21, NAV per share of Tk. 1,045.00 and NOCFPS of Tk. (14.39) for the year ended on June 30, 2013.
- There will be no price limit on the trading of the shares of the Company today (17.04.2014) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (17.04.2014) following its corporate declaration.
- (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Compan
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported profit after tax of Tk. 73.92 million with EPS of Tk. 5.43 as against Tk. 73.62 million and Tk. 8.90 respectively for the same period of the previous year. Whereas profit/(loss) after tax was Tk. 239.86 million with EPS of Tk. 17.61 for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. (135.12) million and Tk. (16.33) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (1,971.01) million as on 31.03.2014.
- The Company has further informed that due to unavoidable circumstances, the meeting of the Board of Directors of the Com
The Company has further informed that due to unavoidable circumstances, the meeting of the Board of Directors of the Company will now be held on April 16, 2014 at 6:30 PM instead of April 13, 2014 to consider, among others, audited financial statements of the Company for the year ended on June 30, 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 13, 2014 at 7:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2013.
- (H/Y): In connection with their earlier news (news disseminated by DSE on February 19, 2014), the Company has further in
(H/Y): In connection with their earlier news (news disseminated by DSE on February 19, 2014), the Company has further informed that profit/(loss) after tax is Tk. 148.41 million with EPS of Tk. 10.90 for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. (74.88) million with EPS of Tk. (9.05) for the same period of the previous year.
- H/Y Earnings
As per un-audited half yearly accounts as on 31.12.2013 (July' 13 to Dec' 13), the Company has reported profit/(loss) after tax of Tk. 165.95 million with EPS of Tk. 12.00 as against Tk. (208.75) million and Tk. (25.23) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (2,046.31) million as on 31.12.2013.
- (H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July' 13 to Dec' 13), the Company has reported profit/(l
(H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July' 13 to Dec' 13), the Company has reported profit/(loss) after tax of Tk. 165.95 million with EPS of Tk. 12.00 as against Tk. (208.75) million and Tk. (25.23) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (2,046.31) million as on 31.12.2013.
- Q1 earnings
As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2013 (July'13 to Sep'13), the Company has reported profit/(loss) after tax of Tk. 17.54 million with EPS of Tk. 1.29 as against Tk. (133.87) million and Tk. (16.18) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (2,127.92) million as on 30.09.2013.
- (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2013 (July'13 to Sep'13), the Com
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2013 (July'13 to Sep'13), the Company has reported profit/(loss) after tax of Tk. 17.54 million with EPS of Tk. 1.29 as against Tk. (133.87) million and Tk. (16.18) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (2,127.92) million as on 30.09.2013.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.