Doreen Power Generations and Systems Limited announcements
183 Dhaka Stock Exchange announcements for Doreen Power Generations and Systems Limited (DOREENPWR) since 2016: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (22).
- Credit Rating Information and Services Limited (CRISL) has assigned rating of the Company as \"AA\" in the long term and
Credit Rating Information and Services Limited (CRISL) has assigned rating of the Company as \"AA\" in the long term and \"ST-2\" in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2022; unaudited financial up to September 30, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- The Company has requested the concerned brokerage houses and merchant bankers to provide with a statement with the detai
The Company has requested the concerned brokerage houses and merchant bankers to provide with a statement with the details (Shareholders\' name, BO ID Number, e-TIN Number, gross dividend receivable, applicable tax rate and net dividend receivable) of their margin loan holders who hold shares of the Company as on record date (November 06, 2022) along with the name of the contact person in this connection. (cont.)
- Update of Information
(Continuation news of DOREENPWR): The Company has also requested to provide with their Bank Account Details (name, number, routing number etc.) on or before December 01, 2022. The Company has further requested the concerned Trustee Board of approved superannuation fund or pension fund or gratuity fund or recognized provident fund or workers' profit participation fund to provide with update tax rebate certificate on or before December 01, 2022. (end)
The first part of this announcement is missing from the archive. - (Q1 Un-audited):Consolidated EPS was Tk. 2.23 for July-September 2022 as against Tk. 2.53 for July-September 2021; Conso
(Q1 Un-audited):Consolidated EPS was Tk. 2.23 for July-September 2022 as against Tk. 2.53 for July-September 2021; Consolidated NOCFPS was Tk. (6.78) for July-September 2022 as against Tk. (2.11) for July-September 2021. Consolidated NAV per share with revaluation was Tk. 55.38 as on September 30, 2022 and Tk. 53.15 as on June 30, 2022. (cont.)
- Q1 Financials
(Continuation news of DOREENPWR): Reasons for significant deviation: EPS has been decreased due to significant increase in financial expenses for foreign exchange loss incurred due to devaluation of BDT against USD. NOCFPS has decreased significantly because of significant increase in receivable from BPDB for delay in payment of revenue bills. (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 November 14, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the company for the First Quarter (Q1) period ended September 30, 2022.
- Resumption after record date
Trading of the shares of the Company will resume on 07.11.2022 after record date.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 06.11.2022
- 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 02.11.2022 to 03.11.2022 and trading of the shares will remain suspended on record date i.e., 06.11.2022.
- The auditor of the Doreen Power Generations and Systems Limited has given the \"Emphasis of Matter\" paragraphs in the a
The auditor of the Doreen Power Generations and Systems Limited has given the \"Emphasis of Matter\" paragraphs in the auditor\'s report for the year ended June 30, 2022. Emphasis of Matter: We draw attention to the accompanying note-3.7 (b) to the financial statements where the management describes that Workers\' Profit Participation Fund (WPPF) provision is not required according to the Bangladesh Labour Act 2006 (amended in 2013) on the ground that Bangladesh Independent Power Producers Association (cont.)
- (Continuation news of DOREENPWR): (BIPPA) has made an application to the Ministry of Labour and Employment (\"the Minist
(Continuation news of DOREENPWR): (BIPPA) has made an application to the Ministry of Labour and Employment (\"the Ministry\") for exemption from the implementation of the required provision of WPPF on 13 March 2017. Hence, the management has decided not to provide any provision of WPPF since 31 March 2017. This is also supported by opinion obtained by the management from external legal counsel. Our opinion is not modified in respect of this matter. (end)
The first part of this announcement is missing from the archive. - (Continuation news of DOREENPWR): c) Bonus shares is not declared from capital reserve or revaluation reserve or any unr
(Continuation news of DOREENPWR): c) Bonus shares is not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of DOREENPWR): Clarification regarding deviation in Consolidated Earnings per share (EPS): Consolidat
(Continuation news of DOREENPWR): Clarification regarding deviation in Consolidated Earnings per share (EPS): Consolidated EPS has increased significantly due to significant increase in revenue and net profit of two subsidiaries (i.e. DSPGL & DNPGL) and newly added revenue and net profit of another subsidiary (i.e. CPGL) which has started commercial operation from 11 February 2022. (cont.5)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of DOREENPWR): Clarification regarding deviation in Consolidated Net Operating Cash Flow (CNOCF): CNOCF has decreased significantly because of significant increase in trade receivable for delay in payment of revenue bills by BPDB and significant increase in closing inventory value for fuel price increase international market. (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 (26.09.2022) 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 25, 2022 at 3:30 PM to consider, among others, audited financial statements of the company for the year ended June 30, 2022.
- Q3 Financials
(Continuation news of DOREENPWR): Consolidated NOCFPS has decreased significantly (i.e. become negative) because of significant increase in closing inventory and receivable of three subsidiary companies as at March 31, 2022. (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 April 17, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Declaration of COD of 115 MW HFO Power Plant of a subsidiary Company
(Continuation news of DOREENPWR): COD effective from 11 February 2022 as per PPA. CPGL will generate electricity and supply the same for 15 years from 11 February 2022 and will generate approximately BDT 1,102.22 Crore revenue per year (as per PPA). Doreen Power Generations and Systems Limited (DSPGL) holds 99.90% shares of CPGL. (end)
The first part of this announcement is missing from the archive. - Q2 Financials
(Continuation news of DOREENPWR): Clarification regarding deviation in Consolidated EPS and Consolidated NOCFPS: Consolidated EPS has increased significantly due to significant increase in revenue of two subsidiaries and significant decrease in finance cost of the group for reduction of outstanding loan and reduction of interest rate. Consolidated NOCFPS has decreased significantly because of significant increase in closing stocks and receivable of subsidiary Companies as at December 31, 2021. (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 19, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2021.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2021 to the respective shareholders' BO Accounts and it has also disbursed cash dividend to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.