Bangladesh Steel Re-Rolling Mills Limited announcements
182 Dhaka Stock Exchange announcements for Bangladesh Steel Re-Rolling Mills Limited (BSRMLTD) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (17).
- Credit Rating Information and Services Limited (CRISL) has assigned rating of the Company as \"AA+\" in the long term an
Credit Rating Information and Services Limited (CRISL) has assigned rating of the Company as \"AA+\" in the long term and \"ST-2\" for short term along with Stable outlook in consideration of its audited financials up to June 30, 2023 also unaudited financials up to September 30, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- (Q1 Un-audited): Consolidated EPS was Tk. 2.20 for July-September 2023 as against Tk. (5.51) for July-September 2022; Co
(Q1 Un-audited): Consolidated EPS was Tk. 2.20 for July-September 2023 as against Tk. (5.51) for July-September 2022; Consolidated NOCFPS was Tk. 13.11 for July-September 2023 as against Tk. 4.27 for July-September 2022. Consolidated NAV per share was Tk. 142.67 as on September 30, 2023 and Tk. 140.46 as on June 30, 2023. (cont.)
- Q1 Financials
(Continuation news of BSRMLTD): Reasons for deviation in EPS and NAVPS: The foreign currency conversion rate was on the rise, As a result, net profit after tax, earnings per share, and net operating cash flow per share have all increased during this period. NOCFPS has increased this period because of the increase in receiving cash from customers. Again net finance cost due to currency fluctuation has been decreased for transaction gain in LC liabilities payment. (end)
The first part of this announcement is missing from the archive. - Resumption after Record date
Trading of the shares of the company will resume on 09.11.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 08.11.2023.
- 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 November 12, 2023 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- 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 with cum benefit from 06.11.2023 to 07.11.2023 and trading of the shares will remain suspended on record date i.e., 08.11.2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company on today (15.10.2023) for following its corporate declaration. However, the floor price shall be applicable accordingly.
- Dividend Declaration
The Board of Directors has recommended 25% Cash Dividend for the year ended June 30, 2023. Date of AGM: 28.12.2023, Time: 11:30 AM. Venue: Digital Platform. Record Date: 08.11.2023. The Company has also reported Consolidated EPS of Tk. 9.76, Consolidated NAV per share of Tk. 140.46 and Consolidated NOCFPS of Tk. 10.22 for the year ended June 30, 2023 as against Tk. 10.34, Tk. 134.29 and Tk. 22.49 respectively for the year ended June 30, 2022.
- 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 12, 2023 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 5.35 for January-March 2023 as against Tk. 3.90 for January-March 2022; Consolidated EPS was Tk. 1.66 for July 2022-March 2023 as against Tk. 12.01 for July 2021-March 2022. Consolidated NOCFPS was Tk. 5.08 for July 2022-March 2023 as against Tk. 16.84 for July 2021-March 2022. Consolidated NAV per share was Tk. 132.25 as on March 31, 2023 and Tk. 134.29 as on June 30, 2022.
- 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 April 18, 2023 at 2:15 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.
- (Q2 Un-audited): Consolidated EPS was Tk. 1.82 for October-December 2022 as against Tk. 3.82 for October-December 2021;
(Q2 Un-audited): Consolidated EPS was Tk. 1.82 for October-December 2022 as against Tk. 3.82 for October-December 2021; Consolidated EPS was Tk. (3.69) for July-December 2022 as against Tk. 8.11 for July-December 2021. Consolidated NOCFPS was Tk. 5.21 for July-December 2022 as against Tk. 15.61 for July-December 2021. Consolidated NAV per share was Tk. 126.90 as on December 31, 2022 and Tk. 134.29 as on June 30, 2022. Reasons for deviation in EPS, NAVPS and NOCFPS: (cont.1)
- (Continuation news of BSRMLTD): The company has informed that the global as well as Bangladesh economic situation was vo
(Continuation news of BSRMLTD): The company has informed that the global as well as Bangladesh economic situation was volatile in this period. Foreign Currency conversion rate sharply increased which has increased import cost as well as production cost. Moreover, there was shortage in power supply which has forced to cut production. As a result, cost of production increased. On the other hand, market of steel products was under severe pressure. (cont.2)
The first part of this announcement is missing from the archive. - Q2 Financials
(Continuation news of BSRMLTD): For the sake of greater interest of the country and to keep the development projects progressing, it was not possible to increase the selling price of the steel products keeping pace with the cost of production. Even though the company incurred loss for this period, they had to pay minimum tax as per Income Tax Ordinance 1984. As result, Net Profit after Tax, EPS and NAVPS decreased during the period. (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 January 30, 2023 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.