Global Heavy Chemicals Limited announcements
178 Dhaka Stock Exchange announcements for Global Heavy Chemicals Limited (GHCL) since 2013: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (26).
- Resumption after record date
Trading of the shares of the Company will resume on 19.12.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 18.12.2022.
- 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 14.12.2022 to 15.12.2022. Trading of the shares will remain suspended on record date i.e., 18.12.2022.
- (Q1 Un-audited): EPS was Tk. (0.46) for July-September 2022 as against Tk. (0.21) for July-September 2021; NOCFPS was Tk
(Q1 Un-audited): EPS was Tk. (0.46) for July-September 2022 as against Tk. (0.21) for July-September 2021; NOCFPS was Tk. 0.07 for July-September 2022 as against Tk. (0.30) for July-September 2021. NAV per share was Tk. 53.22 as on September 30, 2022 and Tk. 53.68 as on June 30, 2022. The company has also informed that their sales (cont.)
- Q1 Financials
(Continuation news of GHCL): have been increased but due to increase in Gas Bill expenses and raw material import cost EPS has been decreased compared to same period of the previous year. NOCFPS has been increased during the reporting period compared to same period of the previous year. (end)
The first part of this announcement is missing from the archive. - The auditor of the Global Heavy Chemicals Limited has given the \"Emphasis of Matters\" paragraph in the Auditor\'s Repo
The auditor of the Global Heavy Chemicals Limited has given the \"Emphasis of Matters\" paragraph in the Auditor\'s Report for the year ended June 30, 2022. Emphasis of matters: Account Receivables: We draw attention to the turnover as shown in note # 24.00 of the Financial Statements of the company during the year under audit Tk. 462,972,425 against Tk. 579,148,111 of the comparing year, resulted decline by 20\% but the receivables increased to 271,513,340 (cont.1)
- (Continuation news of GHCL): from Tk. 268,033,597 which brought up to 31\% from 27\% of turnover of respective year. It
(Continuation news of GHCL): from Tk. 268,033,597 which brought up to 31\% from 27\% of turnover of respective year. It seems that the company is offering more credit to maintain its sales. The company should decrease the receivable amount to hold its continuous liquidity position. Gas Expenses and Usage: We draw attention to the Gas Expenses as shown in note # 25.00 of the Financial Statements of the company during the year under audit is Tk. 169,131,107 (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of GHCL): against 14,285,085 CBM gas usage which was Tk. 177,310,115 against 13,515,543 CBM gas usage
(Continuation news of GHCL): against 14,285,085 CBM gas usage which was Tk. 177,310,115 against 13,515,543 CBM gas usage which is 5.39\% lower than the last year, but the production of the company is declined from 21,150,550 MT to 17,575,466 MT of total Caustic Soda (in liquid and flakes) which is 16.9\% lower than the previous year. It implies that the production efficiency of the plant and equipment of the company has decreased substantially. (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of GHCL): If necessary steps are not taken to improve the production efficiency the company may strug
(Continuation news of GHCL): If necessary steps are not taken to improve the production efficiency the company may struggle to continue the business profitably. Loans (Long term and Short Term): We draw attention to the Long Term Loan and Short Term Loan of the company as shown in note # 14 and 16 of the Financial Statements in the year under audit Tk. 79,647,856 and Tk. 667,450,738, total Tk. 747,098,594 against Tk. 29,360,110 and Tk. 442,362,940 (cont.4)
The first part of this announcement is missing from the archive. - Emphasis of Matters
(Continuation news of GHCL): respectively, total Tk. 471,723,050 reflecting that the leverage of the company is mounting up. The loan of the company is creased by Tk. 275,375,544. The loan increasing but turnover decreasing it implies that the company is struggling to continue the business through the cash generated from its operation. (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 December 11, 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.
- (Continuation news of GHCL): The Company has also reported EPS of Tk. (1.57), NAV per share of Tk. 53.68 and NOCFPS of T
(Continuation news of GHCL): The Company has also reported EPS of Tk. (1.57), NAV per share of Tk. 53.68 and NOCFPS of Tk. (0.50) for the year ended June 30, 2022 as against Tk. 0.34, Tk. 54.65 and Tk. 0.41 respectively for the same period of the previous year. Reasons for deviation in EPS and NOCFPS: EPS has been reduced as sales have decreased during the year compared to previous year (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of GHCL): due to deficiency in Gas supply and being unable to recover operating fixed costs like depr
(Continuation news of GHCL): due to deficiency in Gas supply and being unable to recover operating fixed costs like depreciation, labour cost, finance cost etc. NOCFPS has been decreased compared to previous year as net cash generation from operation has reduced due to increase of payments to suppliers and financial expenses. (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 (29.11.2022) 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
The Board of Directors has recommended 2% cash dividend to shareholders except the directors for the year ended June 30, 2022. The Directors hold 49,395,000 shares of the Company out of total 72,000,000 shares and the cash dividend payable to the general shareholders is Tk. 45,21,000.00. Date of AGM: 31.12.2022, Time: 11:00 AM, Venue: Digital Platform. Record Date: 18.12.2022. (cont.1)
- 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 28, 2022 at 3:00 PM instead of November 07, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- 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 07, 2022 at 3:00 PM instead of October 27, 2022 at 3:00 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 October 27, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- ARGUS Credit Rating Services Limited (ACRSL) has announced the rating of the Company as \"A+\" for long term and \"ST-2\
ARGUS Credit Rating Services Limited (ACRSL) has announced the rating of the Company as \"A+\" for long term and \"ST-2\" for short term along with stable outlook based on audited financials of the Company up to June 30, 2021 and unaudited financial statements ending March 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- (Q3 Un-audited): EPS was Tk. (0.20) for January-March 2022 as against Tk. 0.20 for January-March 2021; EPS was Tk. (0.68
(Q3 Un-audited): EPS was Tk. (0.20) for January-March 2022 as against Tk. 0.20 for January-March 2021; EPS was Tk. (0.68) for July 2021-March 2022 as against Tk. 0.60 for July 2020-March 2021. NOCFPS was Tk. 0.39 for July 2021-March 2022 as against Tk. 1.35 for July 2020-March 2021. NAV per share was Tk. 53.82 as on March 31, 2022 and Tk. 54.65 as on June 30, 2021. (Cont.)
- Q3 Financials
(Continuation news of GHCL): The Company has also informed that EPS has been decreased as sales have been decreased. NOCFPS has been decreased due to decrease of Sales and collection net cash provided by the operating activities. (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 26, 2022 at 3:00 PM 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 Un-audited): EPS was Tk. (0.26) for October-December 2021 as against Tk. 0.23 for October-December 2020; EPS was Tk.
(Q2 Un-audited): EPS was Tk. (0.26) for October-December 2021 as against Tk. 0.23 for October-December 2020; EPS was Tk. (0.48) for July-December 2021 as against Tk. 0.39 for July-December 2020. NOCFPS was Tk. 0.01 for July-December 2021 as against Tk. 0.93 for July-December 2020. NAV per share was Tk. 54.02 as on December 31, 2021 and Tk. 54.65 as on June 30, 2021. (cont.)
- Q2 Financials
(Continuation news of GHCL): The company has further informed that EPS of the Company has been decreased due to decrease of sales and net profit after tax. NOCFPS has been decreased due to decrease of sales and collection net cash provided by the operating activities. (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 27, 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.