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 2024 (19).
- Credit Rating Result
National Credit Ratings Limited (NCR) has assigned the surveillance entity rating of the Company as "AAA" in the long term and "ST-1" in the short term along with Developing outlook based on audited financial statements as on December 31, 2023.
- (Q3 Un-audited): EPS was Tk. 1.02 for July-September 2024 as against Tk. 0.59 for July-September 2023; EPS was Tk. 2.72
(Q3 Un-audited): EPS was Tk. 1.02 for July-September 2024 as against Tk. 0.59 for July-September 2023; EPS was Tk. 2.72 for January-September 2024 as against Tk. 1.90 for January-September 2023. NOCFPS was Tk. 1.39 for January-September 2024 as against Tk. (0.73) for January-September 2023. NAV per share was Tk. 51.92 as on September 30, 2024 and Tk. 51.13 as on December 31, 2023. (cont.)
- Q3 Financials
(Continuation news of EASTERNINS): During the quarter ended on 30 September 2024, EPS and NOCFPS have been increased due to higher investment income compared to the corresponding same period of the previous year i.e 2023. (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 October 29, 2024 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Appointment of CEO
The company has informed that as per the decision of the Board of Directors of the company and subsequent approval of IDRA, Mr. Hasan Tarek has been appointed as Chief Executive Officer of the company with effect from October 01, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 1.70 for January-June 2024 as against Tk. 1.30 for January-June 2023. NOCFPS was Tk. 0.51 for January-June 2024 as against Tk. 0.26 for January-June 2023. NAV per share was Tk. 52.83 as on June 30, 2024 and Tk. 51.13 as on December 31, 2023.
- Q2 Financials (Additional Information)
(Q2 Un-audited): The company has further informed that EPS was Tk. 1.11 for April-June 2024 as against Tk. 0.59 for April-June 2023.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2022 to the respective shareholders.
- Resumption after Record date
Trading of the shares of the company will resume on 02.06.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 30.05.2024.
- 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 28.05.2024 to 29.05.2024 and trading of the shares will remain suspended on record date i.e., 30.05.2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.58 for January-March 2024 as against Tk. 0.72 for January-March 2023. NOCFPS was Tk. (0.05) for January-March 2024 as against Tk. 0.23 for January-March 2023. NAV per share was Tk. 51.76 as on March 31, 2024 and Tk. 51.13 as on December 31, 2023. During the quarter, EPS and NOCFPS decreased due to shortfall in premium income compared to corresponding same period of the previous year.
- 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 13, 2024 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- Qualified Opinion, Emphasis of Matter & Other Matter
The auditor of the company has given the "Qualified Opinion", "Emphasis of Matter" & "Other Matter" paragraphs in the Auditor's Report of the company for the year ended December 31, 2023. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/may/EASTERNINS2023.pdf
- The Board of Directors has recommended 20\% Cash Dividend for the year ended December 31, 2023. Date of AGM: 31.07.2024,
The Board of Directors has recommended 20\% Cash Dividend for the year ended December 31, 2023. Date of AGM: 31.07.2024, Time: 11:30 AM, Venue: Digital Platform. Record Date: 30.05.2024. The Company has also reported consolidated EPS of Tk. 2.04, consolidated NAV per share of Tk. 51.55 and consolidated NOCFPS of Tk. 0.28 for the year ended December 31, 2023 as against Tk. 3.57, Tk. 52.91 and Tk. 3.35 respectively for the year ended December 31, 2022. (cont.)
- Dividend Declaration
(Continuation news of EASTERNINS): The company has also informed that figure in the year 2022 has been restated due to inadvertently not considering the consolidation. EPS declined significantly due to business fall in the year 2023 compared to year 2022. NOCFPS declined significantly due to business fall in the year 2023 compared to year 2022. (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 (30.04.2024) 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 April 29, 2024 at 04:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.