Fine Foods Limited announcements
294 Dhaka Stock Exchange announcements for Fine Foods Limited (FINEFOODS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (20).
- Buy Declaration of a Director
Mr. Nazrul Islam, one of the Directors of the Company, has expressed his intention to buy 3,77,233 shares of the Company at prevailing market price (in the Block Market) through Stock Exchange (DSE) within next 30 working days.
- Resumption after record date
Trading of the shares of the Company will resume on 21.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.064) for July-September, 2021 as against Tk. (0.126) for July-September, 2020; NOCFPS was Tk. (0.074) for July-September, 2021 as against Tk. (0.250) for July-September, 2020. NAV per share was Tk. 10.549 as on September 30, 2021 and Tk. 10.700 as on September 30, 2020.
- 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 from 16.11.2021 to 17.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- 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, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- The auditor of the Fine Foods Limited has given the "Qualified Opinion" paragraphs in the Auditor's Report for the year
The auditor of the Fine Foods Limited has given the "Qualified Opinion" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Qualified Opinion: 1. As disclosed in the note 5.00 of the financial statements regarding Capital Stock of Tk.7,011,214. The amount includes plantation and livestock. As per IAS 41 the following falls under Biological Asset. Biological Assets within the scope of IAS 41 are measured on initial recognition and at subsequent reporting dates at Fair value (cont.1)
- (Continuation news of FINEFOODS): less estimated cost to sell. The company have been valuing the asset at Historical cos
(Continuation news of FINEFOODS): less estimated cost to sell. The company have been valuing the asset at Historical cost which is a direct noncompliance with IAS 41. Management did not perform any fair value calculations and hence we do not have the necessary information to quantify the misstatement. Consequently, we are unable to quantify the necessary adjustment amount for the relevant financial statement line items. 2. As per the Income Tax Ordinance, 1984, Section 300 (i), (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of FINEFOODS): Any payment by way of salary or remuneration made otherwise that by crossed cheque or
(Continuation news of FINEFOODS): Any payment by way of salary or remuneration made otherwise that by crossed cheque or bank transfer by a person to any employee having gross monthly salary of taka fifteen thousand or more will be inadmissible. We have found that the company has made cash payments to several employees every month that is over Tk. 15,000. 3. The company have not paid its WPPF contribution for the year 2018-2019 and 2019-2020. (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of FINEFOODS): This is a violation of the Bangladesh Labour Act 2006 Section 234, Subsection 2. Under
(Continuation news of FINEFOODS): This is a violation of the Bangladesh Labour Act 2006 Section 234, Subsection 2. Under the act, the company is supposed to pay, within 9 (nine) months of the close of every year, five percent (5%) of the net profit of the previous year at the proportion of 80:10:10 to respectively the Participatory Fund, Welfare Fund and Workers Welfare Foundation Fund established under section 14 of the Bangladesh Workers Welfare Foundation Act, 2006. (cont.4)
The first part of this announcement is missing from the archive. - Qualified Opinion
(Continuation news of FINEFOODS): 4. The Company has deducted source taxes for dividends paid to their shareholders. These source taxes have not been remitted to the Government treasury within the stipulated time. This is a violation of Income Tax Act, 1984. (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 on today (31.10.2021) for following its corporate declaration.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended on June 30, 2021. Date of AGM: 22.12.2021, Time: 12.01 PM, Venue: Digital Platform. Record Date: 18.11.2021. The Company has also reported EPS of Tk. (0.113), NAV per share of Tk. 10.612 and NOCFPS of Tk. (0.226) for the year ended on June 30, 2021 as against Tk. 0.188, Tk. 10.825 and Tk. (0.030) respectively for the same period of the previous year.
- 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 28, 2021 at 4:45 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- (Q3 Un-audited): EPS was Tk. (0.018) for January-March 2021 as against Tk. 0.601 for January-March 2020; EPS was Tk. (0.
(Q3 Un-audited): EPS was Tk. (0.018) for January-March 2021 as against Tk. 0.601 for January-March 2020; EPS was Tk. (0.175) for July 2020-March 2021 as against Tk. 1.446 for July 19-March 20. NOCFPS was Tk. (0.417) for July 2020-March 2021 as against Tk. (0.038) for July 2019-March 2020. NAV per share was Tk. 10.550 as on March 31, 2021 and Tk. 12.083 as on March 31, 2020. (cont.)
- (Continuation news of FINEFOODS): The Company also informed that due to continuing of Covid-19 pandemic situation, compa
(Continuation news of FINEFOODS): The Company also informed that due to continuing of Covid-19 pandemic situation, company's business came to a standstill. In this reason, costs have risen but production was declined. As a result, our financial profit has been reduced and that's why Comparative EPS of Third Quarter, 2021 are decreased. (end)
The first part of this announcement is missing from the archive. - As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a 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 June 29, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- (Q2 Un-audited): EPS was Tk. (0.031) for October-December, 2020 as against Tk. 0.501 for October-December, 2019; EPS was
(Q2 Un-audited): EPS was Tk. (0.031) for October-December, 2020 as against Tk. 0.501 for October-December, 2019; EPS was Tk. (0.157) for July-December, 2020 as against Tk. 0.845 for July-December, 2019. NOCFPS was Tk. (0.393) for July-December, 2020 as against Tk. (0.140) for July-December, 2019. NAV per share was Tk. 10.568 as on December 31, 2020 and Tk. 11.482 as on December 31, 2019.
- 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 28, 2021 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, 2020.
- Dividend Disbursement
The Company has informed that the approved cash dividend warrants for the year ended on June 30, 2020 to the respective shareholders will be disbursed from January 25, 2021. The general shareholders dividend warrant will be distributed from the Head Office of the Company (New market City Complex (Level -6), 44/1, Rahim Square, New Market, Dhaka -1205) from 11:30 AM to 4:30 PM on every office days and margin account holders dividend warrant will disburse by courier services.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.