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 2023 (27).
- The company has informed that Power Purchase Agreement (PPA) of Doreen (DPGSL) 22 MW Power Plant at Narsingdi, one of th
The company has informed that Power Purchase Agreement (PPA) of Doreen (DPGSL) 22 MW Power Plant at Narsingdi, one of the three power plants of the Company has expired on December 20 2023. The Company had applied for extension of the contract for supplying Electricity to Power Division of the Ministry of Power, Energy and Mineral Resources (MPEMR) on April 09, 2023 which is under active consideration. (cont.)
- (Continuation news of DOREENPWR): As the PPA\'s term is over, the plant is in shut-down condition from mid-night of Dece
(Continuation news of DOREENPWR): As the PPA\'s term is over, the plant is in shut-down condition from mid-night of December 20, 2023 until further instruction from Bangladesh Power Development Board (BPDB) or Ministry of Power, Energy and Mineral Resources for operation of the Power Plant. (end)
The first part of this announcement is missing from the archive. - 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\" 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.
- The Company has requested the brokerage houses and merchant bankers concerned to provide with a statement with the detai
The Company has requested the brokerage houses and merchant bankers concerned 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 the Record Date, 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 November 30, 2023. The Trustee Board concerned of approved superannuation fund or pension fund or gratuity fund or recognized provident fund or workers' profit participation fund are requested to provide us with update tax rebate certificate on or before November 30, 2023. (end)
The first part of this announcement is missing from the archive. - (Q1 Un-audited): Consolidated EPS was Tk. 1.80 for July-September 2023 as against Tk. 1.99 for July-September 2022; Cons
(Q1 Un-audited): Consolidated EPS was Tk. 1.80 for July-September 2023 as against Tk. 1.99 for July-September 2022; Consolidated NOCFPS was Tk. (6.07) for July-September 2023 as against Tk. (6.05) for July-September 2022. Consolidated NAV per share with revaluation was Tk. 52.28 as on September 30, 2023 and Tk. 50.47 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: (cont.)
- Q1 Financials
(Cont. news of DOREENPWR): EPS has decreased for significant increase in finance cost of a subsidiary company (CPGL) for increase in interest rate compared to last year. NOCFPS has decreased mainly due to increase in suppliers payments for strategic inventory built-up as well as decrease in receipt of revenue bill from BPDB. (end)
The first part of this announcement is missing from the archive. - The company has informed that the Power Purchase Agreement (PPA) of Doreen (DPGSL) 22 MW Power Plant at Tangail, one of
The company has informed that the Power Purchase Agreement (PPA) of Doreen (DPGSL) 22 MW Power Plant at Tangail, one of the power three plants of Doreen Power Generation & System Ltd., has expired on 11 November 2023. The Company had applied for extension of the Contract for supplying Electricity to Power Division of the Ministry of Power, Energy & Mineral Resources (MPEMR) on 09 April 2023 which is under active consideration. (cont.)
- Shut-down of Doreen (DPGSL) 22 MW Power Plant at Tangail
(Continuation news of DOREENPWR): As the PPA's term is over, the plant is in shut-down condition from mid-night of 11 November 2023 until further instruction from Bangladesh Power Development Board (BPDB) or Ministry of Power, Energy and Mineral Resources for operation of the Power Plant. (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 12.11.2023.
- 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 14, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 09.11.2023.
- 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 07.11.2023 to 08.11.2023 and trading of the shares will remain suspended on record date i.e., 09.11.2023.
- The auditor of the company has given the \"Emphasis of Matter\" paragraphs in the Auditor\'s Report of the company for t
The auditor of the company has given the \"Emphasis of Matter\" paragraphs in the Auditor\'s Report of the company for the year ended June 30, 2023. To view the details, please visit: https://www.dsebd.org/assets/pdf/EmpDoreenPowerGenerationsandSystemsLimited30June2023.pdf
- The Board of Directors has recommended 11\% Cash dividend for shareholders excluding the Sponsors/Directors for the year
The Board of Directors has recommended 11\% Cash dividend for shareholders excluding the Sponsors/Directors for the year ended June 30, 2023. The Sponsors/Directors who shall not be entitled to recommended cash Dividend, holds 120.64 million shares out of total 181.12 million Shares. The amount of Cash Dividend to be payable to the General Shareholders is Tk. 66.53 million. Date of AGM: 07.12.2023, Time: 11:00 AM, Venue: Digital Platform, Record Date: 09.11.2023. (cont.1)
- (Continuation news of DOREENPWR): The Company has also reported Consolidated EPS of Tk. 3.56, Consolidated NAV per share
(Continuation news of DOREENPWR): The Company has also reported Consolidated EPS of Tk. 3.56, Consolidated NAV per share (with revaluation) of Tk. 50.47 and Consolidated NOCFPS of Tk. 17.98 for the year ended June 30, 2023 as against Tk. 9.21, Tk. 47.46 and Tk. (28.77) respectively for the year ended June 30, 2022. (cont.2)
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 (15.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Dividend Declaration
(Continuation news of DOREENPWR): Clarification regarding deviation in EPS and NOCFPS: EPS has decreased for incurring significant amount of exchange loss in foreign currency transactions incurred by subsidiary companies for significant devaluation of Bangladeshi Taka against US Dollar. NOCFPS has increased remarkably because of significant recovery of receivable from BPDB and decrease in payment to suppliers for efficient inventory management compared to last year. (end)
The first part of this announcement is missing from the archive. - 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 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Appointment of Acting Company Secretary
The Company has informed that the Board of Directors has decided to appoint Mr. Muhammad Amzad Shakil, FCA, General Manager, Finance and Accounts as the Acting Company Secretary of the company.
- (Q3 Un-audited): Consolidated EPS was Tk. 1.03 for January-March 2023 as against Tk. 3.02 (restated) for January-March 2
(Q3 Un-audited): Consolidated EPS was Tk. 1.03 for January-March 2023 as against Tk. 3.02 (restated) for January-March 2022; Consolidated EPS was Tk. 1.79 for July 2022-March 2023 as against Tk. 7.36 (restated) for July 2021-March 2022. Consolidated NOCFPS was Tk. 6.44 for July 2022-March 2023 as against Tk. (9.93) (restated) for July 2021-March 2022. Consolidated NAV per share with revaluation was Tk. 48.71 as on March 31, 2023 and Tk. 47.46 (restated) as on June 30, 2022. (cont.)
- Q3 Financials
(Continuation news of DOREENPWR): Clarification regarding deviation in Consolidated EPS and Consolidated NOCFPS: EPS has decreased significantly due to significant increase of exchange loss in foreign currency transactions incurred by subsidiary companies for significant devaluation of BDT against USD. NOCFPS has increased significantly because of significant recovery of receivable from BPDB compared to last year. (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 25, 2023 at 8:30 AM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- (Q2 Un-audited): Consolidated EPS was Tk. (1.23) for October-December 2022 as against Tk. 2.08 for October-December 2021
(Q2 Un-audited): Consolidated EPS was Tk. (1.23) for October-December 2022 as against Tk. 2.08 for October-December 2021; Consolidated EPS was Tk. 0.76 for July-December 2022 as against Tk. 4.34 for July-December 2021. Consolidated NOCFPS was Tk. (4.04) for July-December 2022 as against Tk. (3.60) for July-December 2021. Consolidated NAV per share with revaluation was Tk. 47.68 as on December 31, 2022 and Tk. 47.46 as on June 30, 2022. (cont.)
- Q2 Financials
(Continuation news of DOREENPWR): Reasons for deviation in EPS and NOCFPS: EPS has decreased significantly due to significant increase of exchange loss in foreign currency transactions incurred by subsidiary companies for significant devaluation of BDT against USD. NOCFPS has decreased significantly because of significant increase in receivable from BPDB for abnormal 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 January 30, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares to the respective shareholders' BO Accounts and it has also disbursed the cash dividend to the respective shareholders for the year ended June 30, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.