The Dacca Dyeing & Manufacturing Company Limited announcements
280 Dhaka Stock Exchange announcements for The Dacca Dyeing & Manufacturing Company Limited (DACCADYE) since 2009: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (7).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (0.94) for January-March 2018 as against Tk. (0.50) for January-March 2017; EPS was Tk. (2.51) for July 2017-March 2018 as against Tk. (1.48) for July 2016-March 2017. NOCFPS was Tk. 0.0010 for July 2017-March 2018 as against Tk. (0.0008) for July 2016-March 2017. NAV per share (with Revaluation surplus) was Tk. 12.83 as on 31.03.2018 and Tk. 15.32 as on 30.06. 2017 and NAV per share (without Revaluation surplus) was Tk. 0.82 as on 31.03.2018 and Tk. 3.18 as on 30.06.2017.
- 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 May 03, 2018 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Query Response
In response to a DSE query dated February 12, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Q2 Financials (Repeat)
Repeat News (Q2 Un-audited): EPS was Tk. (0.78) for October-December, 2017 as against Tk. (0.72) for October-December, 2016; EPS was Tk. (1.57) for July-December, 2017 as against Tk. (1.52) for July-December, 2016. NOCFPS was Tk. 0.0018 for July-December, 2017 as against Tk. 0.0053 for July-December, 2016. (cont.) (Continuation repeat news of DACCADYE): NAV per share (with Revaluation reserves) was Tk. 13.76 as on December 31, 2017 and Tk. 15.32 as on June 30, 2017 and NAV per share (without Revaluation reserves) was Tk. 1.72 as on December 31, 2017 and Tk. 3.18 as on June 30, 2017. (end)
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (0.78) for October-December, 2017 as against Tk. (0.72) for October-December, 2016; EPS was Tk. (1.57) for July-December, 2017 as against Tk. (1.52) for July-December, 2016. NOCFPS was Tk. 0.0018 for July-December, 2017 as against Tk. 0.0053 for July-December, 2016. (cont.) (Continuation news of DACCADYE): NAV per share (with Revaluation reserves) was Tk. 13.76 as on December 31, 2017 and Tk. 15.32 as on June 30, 2017 and NAV per share (without Revaluation reserves) was Tk. 1.72 as on December 31, 2017 and Tk. 3.18 as on June 30, 2017. (end)
- 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, 2018 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
- Qualified Opinion & Emphasis of Matter
The auditor of the company has given the following "Qualified Opinion & Emphasis of Matter " Paragraphs in the audit report of the company for the year ended on 30 June 2017. Basis for Qualified Opinion: 01. A fixed asset register is maintained for property, plant & equipment but the same does not contain required information that normally kept in such register. 02. Re-valuation of fixed assets was done 6 years ago but as BAS-16, the frequency of revaluation depends upon the changes in (cont. 1) (Continuation news of DACCADYE): Titas Gas Transmission & Distribution Company Ltd. So currently dyeing department is not in operation; but weaving & stitching department is operation. But the company prepared financial statements considering the entity as going concern. However, basis of management assessment of going concern assumption disclosed in note 2.12. our opinion is not qualified in this regard. (end) (Continuation news of DACCADYE): Instead, it may be necessary to revalue the items only every three or five years. Emphasis of Matter: The Company's net working capital is negative, operating cash flow negative, operating/gross profit negative and key financial ratios it indicates the company is facing going concern problem. The company did not pay loan and interest on loan during the year. The main source of power i.e. gas line has been disconnected by (cont. 3) (Continuation news of DACCADYE): fair values of items of property, plant 6 & equipment being revalued. When the fair value of revalued assets differs materially from its carrying amount, a further revaluation is required. Some items of property, plant & equipment experience significant and volatile change in fair value, thus necessitating annual re-valuation. Such frequent re-valuations are unnecessary for items of property, plant & equipment with only insignificant changes in fair value. (cont. 2)
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.