DSE:EASTERNINS

Eastern Insurance PLC. announcements

298 Dhaka Stock Exchange announcements for Eastern Insurance PLC. (EASTERNINS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (12).

  1. Q3 Financials

    (Q3 Un-audited): EPS was Tk. 0.60 for July-September, 2016 as against Tk. 0.46 for July-September, 2015; EPS was Tk. 1.95 for January-September, 2016 as against Tk. 1.84 for January-September, 2015. NOCFPS was Tk. 2.60 for January-September, 2016 as against Tk. 3.06 for January-September, 2015. NAV per share was Tk. 37.87 as of September 30, 2016 and Tk. 37.91 as of December 31, 2015.

  2. 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 October 30, 2016 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2016.

  3. Qualified Opinion

    The auditor of the company has given the following "Qualified Opinion" in the audit report of the company for the year ended on 31 December 2015: BASIS FOR QUALIFIED OPINION: 1.As reported under notes to the financial statements 22, the company has shown stock dividend amounting to Tk. 9,351,880 as income. As a result, the company's profit has been overstated to the same extent. The company has provided provision a sum of Taka 1,250,000 for employees' gratuity on lump sum basis instead of calculating individual employees' gratuity amount. Additionally, no actuarial valuation of gratuity liability was undertaken resulting in a possible understatement of actual liability. As a result of the above, actual liability on account of employees' gratuity liability could not be confirmed as at 31st December 2015.

  4. Q2 Financials

    (Q2 Un-audited): EPS was Tk. 0.52 for April-June, 2016 as against Tk. 0.50 for April-June, 2015; EPS was Tk. 1.35 for January-June, 2016 as against Tk. 1.38 for January-June, 2015. NOCFPS was Tk. 1.12 for January-June, 2016 as against Tk. 1.22 for January-June, 2015. NAV per share was Tk. 39.32 as of June 30, 2016 and Tk. 37.91 as of December 31, 2015.

  5. Board Meeting

    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 July 28, 2016 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2016.

  6. Spot News

    Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 17.05.2016 to 18.05.2016. Trading of the shares of the Company will remain suspended on record date i.e., 19.05.2016.

  7. Q1 Financials

    EPS was Tk. 0.83 for January-March, 2016 as against Tk. 0.88 for January-March, 2015. NOCFPS was Tk. 0.89 for January-March, 2016 as against Tk. 0.73 for January-March, 2015. NAV per share was Tk. 38.78 as of March 31, 2016 and Tk. 37.91 as of December 31, 2015.

  8. Board Meeting

    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 12, 2016 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2016.

  9. Dividend Declaration

    The Board of Directors has recommended 20% cash dividend for the year ended on 31.12.2015. Date of AGM: 20.07.2016, Time: 11:00 AM, Venue: Spectra Convention Centre Ltd. House-19, Road-7, Gulshan-1, Dhaka. Record Date: 19.05.2016. The Company has also reported Net Profit after Tax of Tk. 116.42 m., EPS of Tk. 2.70, NAV per share of Tk. 37.91 and NOCFPS of Tk. 3.67 for the year ended on 31.12.2015 as against Tk.108.49 m., Tk. 2.52, Tk. 37.33 and Tk. 3.99 respectively for the year ended on 31.12.2014.

  10. Price Limit Open

    There will be no price limit on the trading of the shares of the Company today (28.04.2016) following its corporate declaration.

  11. Board Meeting

    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 April 27, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.

  12. Credit Rating Result

    ARGUS Credit Rating Services Limited (ACRSL) has announced the CPA (Claim Paying Ability) Rating of the Company as "AA+" for long term and "ST-2" for short term in consideration of financials of the Company up to December 31, 2014 (audited), Q3FY15 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.