Crown Cement PLC announcements
225 Dhaka Stock Exchange announcements for Crown Cement PLC (CROWNCEMNT) since 2011: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (16).
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned Entity rating of the Company as "AA1" in the long term and "ST-2" in the short term along with Stable outlook based on audited financial statements up to June 30, 2024; bank liability position as on October 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after Record date
Trading of the shares of the company will resume on 14.11.2024.
- Suspension for Record date
Trading of the shares of the company will be suspended on record date i.e., 13.11.2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.25 for July-September 2024 as against Tk. 2.32 for July-September 2023; NOCFPS was Tk. 6.90 for July-September 2024 as against Tk. 0.93 for July-September 2023. NAV per share was Tk. 57.25 as on September 30, 2024 and Tk. 56.99 as on June 30, 2024. Reasons for deviation: EPS has been decreased due to recent nationwide political turmoil, unprecedented floods leading to drop in sales and underutilization of capacity. (cont.) (Cont. news of CROWNCEMNT): In addition, EPS has been adversely impacted by higher depreciation and finance cost of the newly installed 6th Unit and high effective rate of tax arising out of the regulation relating to minimum tax. NOCFPS has been increased mainly due to impact of additional deprecation of the new 6th Unit, being non-cash expenses and availing of more credit from the suppliers. (end)
- 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 11.11.2024 to 12.11.2024 and trading of the shares of the company will remain suspended on record date i.e., 13.11.2024.
- 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 10, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- The Board of Directors has recommended 21\% Cash Dividend for the year ended June 30, 2024. Date of AGM: 18.12.2024, Tim
The Board of Directors has recommended 21\% Cash Dividend for the year ended June 30, 2024. Date of AGM: 18.12.2024, Time: 3:00 PM, Venue: Digital Platform. Record Date: 13.11.2024. The Company has also reported EPS of Tk. 6.74, NAV per share of Tk. 56.99 and NOCFPS of Tk. 8.71 for the year ended June 30, 2024 as against Tk. 4.11, Tk. 52.22 and Tk. 11.43 respectively for the year ended June 30, 2023. (cont.)
- Dividend Declaration
(Continuation news of CROWNCEMNT): Reasons for deviation in EPS and NOCFPS: EPS increased due to sales growth and sales price increase compare to the last year. Also the company has taken various measures to control the cost and saving from effective management of foreign currency transaction. NOCFPS decreased due to increase in supplier's payments including payment of a long outstanding ocean freight and also due to the higher inventory holding and increased of accounts receivable amount. (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 (27.10.2024) following its corporate declaration.
- 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 24, 2024 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Q3 Financials
(Q3 Un-audited): Basic and Diluted EPS was Tk. 1.15 for January-March 2024 as against Tk. 1.52 for January-March 2023; Basic and Diluted EPS was Tk. 5.90 for July 2023-March 2024 as against Tk. 2.16 for July 2022-March 2023. NOCFPS was Tk. 4.46 for July 2023-March 2024 as against Tk. 11.20 for July 2022-March 2023. NAV per share was Tk. 56.14 as on March 31, 2024 and Tk. 52.22 as on June 30, 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 April 29, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 2.44 for October-December 2023 as against Tk. 0.99 for October-December 2022; EPS was Tk. 4.76 for July-December 2023 as against Tk. 0.63 for July-December 2022. NOCFPS was Tk. 3.97 for July-December 2023 as against Tk. 2.31 for July-December 2022. NAV per share was Tk. 54.99 as on December 31, 2023 and Tk. 52.22 as on June 30, 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 January 29, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
- The company has informed that the Board of Directors of the company has taken, among others, the following decision: \"T
The company has informed that the Board of Directors of the company has taken, among others, the following decision: \"The Commercial Production of the 6th Unit of Crown Cement PLC. with a Production Capacity of 8,280 Metric Ton per day installed at its Factory Premises West Mukterpur, Munshiganj will commence in the month of January 2024 instead of its previous probable schedule of February 2023 due to delay caused by Russia-Ukraine War in supply of Machineries by the Suppliers.\"
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.