CVO Petrochemical Refinery PLC. announcements
328 Dhaka Stock Exchange announcements for CVO Petrochemical Refinery PLC. (CVOPRL) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (18).
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned Surveillance rating of the Company as "BBB1" in the long term and "ST-3" in the short term along with Stable outlook based on audited financial statements up to June 30, 2024; bank liability position as on November 28, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Regarding AGM Venue
Refer to their earlier news disseminated by DSE on 22.09.2024 regarding dividend declaration, the company has further informed that the AGM will be held through Hybrid System. Physical Venue: The King of Chittagong, Time: 11:00 AM, Date: 11th December 2024 and live webcast using the digital platform through the link: https://agmbd.live/CVOPRL2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.92 for July-September 2024 as against Tk. 1.10 for July-September 2023; NOCFPS was Tk. 0.48 for July-September 2024 as against Tk. 3.57 for July-September 2023. NAV per share was Tk. 11.22 as on September 30, 2024 and Tk. 10.31 as on June 30, 2024. NOCFPS decreased due to increase in payment to suppliers than collection from customers.
- 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 13, 2024 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Resumption after Record date
Trading of the shares of the company will resume on 03.11.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 31.10.2024.
- 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 with cum benefit from 29.10.2024 to 30.10.2024 and trading of the shares of the company will remain suspended on record date i.e., 31.10.2024.
- Qualified Opinion
The auditor of the company has given the "Qualified Opinion" paragraph in the Auditor's Report of the company for the year ended June 30, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/October/CVOPRL_2024.pdf
- Dividend Declaration
The Board of Directors has recommended 10.00% cash dividend for all shareholders for the year ended on 30-Jun-2024. Date of AGM: 11-Dec-2024, Time: 11:00 AM, Venue: Hybrid (The AGM venue details will be conveyed through the AGM notice). Record Date: 31-Oct-2024. The Company has also reported EPS of Tk. 2.34, NAV per share of Tk. 10.31 and NOCFPS of Tk. 2.77 for the year ended on 30-Jun-2024 as against Tk. 0.46, Tk. 8.27 and Tk. 1.42 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (22.09.2024) 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 September 19, 2024 at 03:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.46 for January-March 2024 as against Tk. 0.14 for January-March 2023; EPS was Tk. 2.21 for July 2023-March 2024 as against Tk. (0.60) for July 2022-March 2023. NOCFPS was Tk. 2.18 for July 2023-March 2024 as against Tk. (1.20) for July 2022-March 2023. NAV per share was Tk. 10.20 as on March 31, 2024 and Tk. 8.27 as on June 30, 2023.
- Name Change of the Company
Dhaka Stock Exchange PLC. (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be 'CVO Petrochemical Refinery PLC' instead of 'CVO Petrochemical Refinery Limited' with effect from April 25, 2024. Other things (except name) will remain unchanged.
- 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 30, 2024 at 03:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- (Q2 Un-audited): EPS was Tk. 0.66 for October-December 2023 as against Tk. 0.12 for October-December 2022; EPS was Tk. 1
(Q2 Un-audited): EPS was Tk. 0.66 for October-December 2023 as against Tk. 0.12 for October-December 2022; EPS was Tk. 1.76 for July-December 2023 as against Tk. (0.74) for July-December 2022. NOCFPS was Tk. 0.78 for July-December 2023 as against Tk. (2.21) for July-December 2022. NAV per share was Tk. 9.74 as on December 31, 2023 and Tk. 8.27 as on June 30, 2023. (cont.)
- Q2 Financials
(Continuation news of CVOPRL): Reasons for deviation in EPS and NOCFPS: EPS has been increased during the period due to the increase in sales volume and turnover of the company. NOCFPS has been increased during the period due to increase in collection from customers than payment to suppliers, employees and operating expenses. (end)
The first part of this announcement is missing from the archive. - Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- 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, 2024 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.