GBB Power Limited announcements
245 Dhaka Stock Exchange announcements for GBB Power Limited (GBBPOWER) since 2012: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (24).
- Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from December 28, 2022 as the Company has approved 3% cash dividend for the year ended June 30, 2022.
- Alpha Credit Rating Limited (AlphaRating) has assigned surveillance rating of the Company as \"AA\" in the long term and
Alpha Credit Rating Limited (AlphaRating) has assigned surveillance rating of the Company as \"AA\" in the long term and \"ST-1\" in the short term along with a stable outlook based on audited financial statements of the Company as on June 30, 2022 and relevant qualitative information till December 18, 2022.
- Resumption after record date
Trading of the shares of the Company will resume on 04.12.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 01.12.2022.
- 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 29.11.2022 to 30.11.2022. Trading of the shares will remain suspended on record date i.e., 01.12.2022.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.25 for July-September 2022 as against Tk. 0.35 for July-September 2021; NOCFPS was Tk. 0.23 for July-September 2022 as against Tk. (0.48) for July-September 2021. NAV per share was Tk. 20.59 as on September 30, 2022 and Tk. 21.27 as on September 30, 2021. Reasons for deviations in EPS and NOCFPS: EPS has decreased due to running major overhauling of power generating unit and NOCFPS has increased as the collections from turnover increased significantly during that period.
- The auditor of the GBB Power Ltd. has given the \"Going Concern\" paragraphs in the Auditor\'s Report for the year ended
The auditor of the GBB Power Ltd. has given the \"Going Concern\" paragraphs in the Auditor\'s Report for the year ended 30 June, 2022. Going Concern: We draw attention to page no. 15 note \"B\" to the financial statements describe the events or matters that may cast significant doubt on the Company\'s ability to continue as going concern, as the joint venture agreement will be ended in June 17, 2023 issued by Bangladesh Power Development Board (BPDB) but (Cont.1)
- (Continuation news of GBBPOWER): GBB Power Limited assure us that the agreement between Bangladesh Power Development Boa
(Continuation news of GBBPOWER): GBB Power Limited assure us that the agreement between Bangladesh Power Development Board (BPDB) and GBB power Limited will be extended. Our opinion is not modified in respect of this event or matter. Note B: Legal status and nature of the company-Disclosure under IAS 1 \"Presentation of Financial Statements\". The Company was incorporated on 17th October 2006 as a private company limited by shares and by a resolution passed on (Cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of GBBPOWER): 26 February 2008. It was converted into a public company limited by shares. The company
(Continuation news of GBBPOWER): 26 February 2008. It was converted into a public company limited by shares. The company implemented the Joint Venture Agreement executed between GBB Limited and Caladonian Power Limited and has done all that was necessary as per notification of award of \"Supply Installation and Putting in Commercial Operation of 20MW +/- 10\% Trailer/Skid Mounted Power Plant at Bogura on rental basis for a tenure of 15 years Project which will be ended (Cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of GBBPOWER): in 17 June 2023\" issued by Bangladesh Power Development Board vide Memo No. 108-BPDB (
(Continuation news of GBBPOWER): in 17 June 2023\" issued by Bangladesh Power Development Board vide Memo No. 108-BPDB (CS.)/(Contract)/Bogura Rental /06 dated 03.08.2006 and 15.08.2006 respectively. We believe that the power purchase agreement (PPA) will be extended by \"No Power, No Pay\", policy, as discussed with BPDB, unless any major policy shift/ U-Turn is taken by the government in its energy policy. (Cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of GBBPOWER): The company has installed and utilized the following capacity: Licensed Capacity by BER
(Continuation news of GBBPOWER): The company has installed and utilized the following capacity: Licensed Capacity by BERC (NET) 22.80 MW; Saleable Rental Capacity by PPA (Net) 20(+/-) 10\% MW; Installed Capacity 23.26 MW (100\%); Commissioned Capacity 23.26 MW. Capacity Rented 21.968 MW (Effective from 05/12/2021 to Till; 21.968 MW (Effective From 09/11/2020 to 04/12/2021). (Cont.5)
The first part of this announcement is missing from the archive. - Going Concern
(Continuation news of GBBPOWER): Total Electricity Generated 11KV (Gross) 175,681 MWH (100%); Total Electricity Sold 33 KV (Net) 167,470 MWH (95.00%). (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 November 14, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- The Board of Directors has recommended 3\% cash dividend for the year ended June 30, 2022. Date of AGM: 27.12.2022, Time
The Board of Directors has recommended 3\% cash dividend for the year ended June 30, 2022. Date of AGM: 27.12.2022, Time: 10:00 AM, Venue: Digital Platform. Record Date: 01.12.2022. The Company has also reported Consolidated EPS of Tk. 1.01, Consolidated NAV per share of Tk. 20.39 and Consolidated NOCFPS of Tk. 0.21 for the year ended June 30, 2022 as against Tk. 1.49, Tk. 20.97 and Tk. 3.09 respectively for the same period of the previous year. (cont.)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.10.2022) 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 GBBPOWER): Reasons for deviation in EPS and NOCFPS: EPS decreased due to major overhauling of power generating unit. NOCFPS decreased due to decrease of collections from turnover significantly. (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 27, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- (Q3 Un-audited): EPS was Tk. 0.27 for January-March 2022 as against Tk. 0.37 for January-March 2021; EPS was Tk. 0.87 fo
(Q3 Un-audited): EPS was Tk. 0.27 for January-March 2022 as against Tk. 0.37 for January-March 2021; EPS was Tk. 0.87 for July 2021-March 2022 as against Tk. 1.14 for July 2020-March 2021. NOCFPS was Tk. 0.14 for July 2021-March 2022 as against Tk. 2.21 for July 2020-March 2021. NAV per share was Tk. 20.65 as on March 31, 2022 and Tk. 20.93 as on June 30, 2021. (cont.)
- Q3 Financials
(Continuation news of GBBPOWER): The Company also informed that reason for decreasing of EPS in the cost of goods sold increased due to completion of partial E-50 Overhauling and major Alternator rotor rewinding & repair works. NOCFPS: The reason for decreasing of NOCFPS in the Collections from Turnover and Others decreased significantly. (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 28, 2022 at 9:30 AM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
- (Q2 Audited): EPS was Tk. 0.25 for October-December 2021 as against Tk. 0.47 for October-December 2020; EPS was Tk. 0.60
(Q2 Audited): EPS was Tk. 0.25 for October-December 2021 as against Tk. 0.47 for October-December 2020; EPS was Tk. 0.60 for July-December 2021 as against Tk. 0.77 for July-December 2020. NOCFPS was Tk. (0.11) for July-December 2021 as against Tk. 1.13 for July-December 2020. NAV per share was Tk. 20.37 as on December 31, 2021 and Tk. 20.21 as on December 31, 2020. (Cont.)
- Q2 Financials
(Continuation news of GBBPOWER): The reason for decreasing EPS is that the cost of goods sold increased significantly due to completion of major overhauling and alternator rotor rewinding works. The reason for decreasing of NOCFPS is that the collections from turnover and others decreased significantly. (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, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.