Fu-Wang Ceramic Industry Limited announcements
346 Dhaka Stock Exchange announcements for Fu-Wang Ceramic Industry Limited (FUWANGCER) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (21).
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.06 for July-September 2022 as against Tk. 0.08 for July-September 2021. NOCFPS was Tk. (0.68) for July-September 2022 as against Tk. 0.51 for July-September 2021. NAV per share was Tk. 11.84 as on September 30, 2022 and Tk. 11.78 as on June 30, 2022.
- 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 December 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 11.12.2022 after record date.
- FUWANGCER : Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 08.12.2022.
- FUWANGCER : 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 06.12.2022 to 07.12.2022. Trading of the shares will remain suspended on record date i.e., 08.12.2022.
- The auditor of the Fu-Wang Ceramic Industries Ltd. has given the \"Qualified Opinion\" paragraph in the Auditor\'s Repor
The auditor of the Fu-Wang Ceramic Industries Ltd. has given the \"Qualified Opinion\" paragraph in the Auditor\'s Report for the year ended June 30, 2022. Basis for Qualified Opinion: Refer to Note No. 06: We could not verify inventories of Tk. 1,834,695,807 due to lack of proper schedule/documents/reports and haphazard position of inventories as on 30 June 2022. Refer to Note No. 24.00, 24.01.01 & 24.02.01: Raw Materials, (cont.1)
- (Continuation news of FUWANGCER): Spare Parts and Packing Materials of Tk. 779,384,748, Tk. 45,200,513 and Tk. 39,899,79
(Continuation news of FUWANGCER): Spare Parts and Packing Materials of Tk. 779,384,748, Tk. 45,200,513 and Tk. 39,899,796 respectively were purchased during the year remained unverified due to lack of sufficient supporting documents. Refer to Note No. 10.02: Cash at Bank reported in the statement of financial position of Tk. 4,577,403 with twenty-one (21) bank accounts from which two (2) bank statements containing balance of Tk. 47,475 (cont.2)
The first part of this announcement is missing from the archive. - Qualified Opinion
(Continuation news of FUWANGCER): were not available to us for our verification. Refer to Note No. 7: An amount of Tk. 13,331,551 receivable from Hua-Thai Ceramic Industry Ltd. included in Trade and Other Receivable of Tk. 67,992,411 carried forwarded since long. However, the company did not create any provision in this regard as required by IAS 37. (end)
The first part of this announcement is missing from the archive. - The Board of Directors has recommended 2\% cash dividend for all the shareholders other than Sponsors/Directors for the
The Board of Directors has recommended 2\% cash dividend for all the shareholders other than Sponsors/Directors for the year ended June 30, 2022. The Sponsors/Directors hold 4,08,76,546 shares out of total 13,62,69,093 shares of the Company and the cash dividend to be payable to the general shareholders is Tk. 1,90,78,509.00. (cont.1)
- (Continuation news of FUWANGCER): Date of AGM: 31.12.2022, Time: 11:30 AM, Venue: Digital Platform. Record date: 08.12.2
(Continuation news of FUWANGCER): Date of AGM: 31.12.2022, Time: 11:30 AM, Venue: Digital Platform. Record date: 08.12.2022. The Company has also reported EPS of Tk. 0.23, NAV per share of Tk. 11.78 and NOCFPS of Tk. (3.27) for the year ended June 30, 2022 as against Tk. 0.34, Tk. 11.70 and Tk. 0.51 respectively for the same period of the previous year. (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 (20.11.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- Dividend Declaration
(Continuation news of FUWANGCER): Reasons of significant deviations in EPS and NOCFPS: EPS has been decreased due to increase of cost of goods sold and financial expenses. NOCFPS has been decreased due to high level of raw materials purchase. (end)
The first part of this announcement is missing from the archive. - Reschedule of Board Meeting under LR 19(1)
The Company has further informed that, due to unavoidable circumstances, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on November 17, 2022 at 3:30 PM instead of November 15, 2022 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- 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 November 15, 2022 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Decision to increase the tiles production capacity
The Company has informed that the Board of Directors has decided to increase the tiles production capacity by 15,000 SQM (estimated) per day through greenfield project including land and BMRE the existing tiles plant (Line-1, Line-2 and Line-3) at an investment of BDT 6,500 million subject to approval of the shareholders in the EGM/AGM. The date, time, record date and other information of EGM/AGM will be notified later.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.06 for January-March 2022 as against Tk. 0.06 for January-March 2021; EPS was Tk. 0.23 for July 2021-March 2022 as against Tk. 0.28 for July 2020-March 2021. NOCFPS was Tk. (1.65) for July 2021-March 2022 as against Tk. 0.61 for July 2020-March 2021. NAV per share was Tk. 11.78 as on March 31, 2022 and Tk. 11.70 as on June 30, 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 June 20, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of the Company as \"A3\
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of the Company as \"A3\" along with a stable outlook based on audited financial statements up to June 30, 2021; bank liability position as on January 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.09 for October-December 2021 as against Tk. 0.13 for October-December 2020; EPS was Tk. 0.17 for July-December 2021 as against Tk. 0.22 for July-December 2020. NOCFPS was Tk. 0.20 for July-December 2021 as against Tk. 0.22 for July-December 2020. NAV per share was Tk. 11.87 as on December 31, 2021 and Tk. 11.70 as on June 30, 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 February 15, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.