GPH Ispat Limited announcements
278 Dhaka Stock Exchange announcements for GPH Ispat Limited (GPHISPAT) since 2012: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (28).
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.14 for July-September 2024 as against Tk. (0.34) for July-September 2023; NOCFPS was Tk. (1.82) for July-September 2024 as against Tk. 0.18 for July-September 2023. NAV per share was Tk. 52.65 as on September 30, 2024 and Tk. 52.43 as on June 30, 2024. Reasons for deviation in EPS and NOCFPS: (cont.) (cont. news of GPHISPAT): Exchange loss in foreign currency transaction decreased by 82.57% in comparison with the corresponding quarter, as a result there is a positive reflection in EPS. Payment to suppliers and others expenses is more than collection against sales, which caused the NOCFPS has been negative in this particulars period. (end)
- Board decision to increase the Authorized Capital
The Board of Directors of the company has also decided to increase the Authorized Capital of the company from Tk. 10,000,000,000 (one thousand core) to Tk. 15,000,000,000 (one thousand five hundred core) divided into 1,500,000,000 (one hundred fifty core) Ordinary Shares of Tk. 10.00 each and to amend the relevant clauses of the Memorandum and Articles of Association of the company subject to approval by the shareholders in the AGM and the regulatory authorities.
- 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, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Resumption after Record date
Trading of the shares of the company will resume on 05.11.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 04.11.2024.
- 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 31.10.2024 to 03.11.2024 and trading of the shares of the company will remain suspended on record date i.e., 04.11.2024.
- The Board of Directors has recommended 10\% Cash Dividend (only for General Shareholders except Sponsors and Directors)
The Board of Directors has recommended 10\% Cash Dividend (only for General Shareholders except Sponsors and Directors) for the year ended June 30, 2024. The Sponsors and Directors hold 226,247,351 shares out of total 483,883,456 shares of the company and Cash Dividend payable to the General Shareholders is Tk. 257,636,105.00. Date of AGM: 12.12.2024, Time: 3:00 PM, Venue: Digital Platform. Record Date: 04.11.2024. (cont.1)
- (Cont. news of GPHISPAT): The Company has reported EPS of Tk. 1.77, NAV per share of Tk. 52.43 and NOCFPS of Tk. 9.89 fo
(Cont. news of GPHISPAT): The Company has reported EPS of Tk. 1.77, NAV per share of Tk. 52.43 and NOCFPS of Tk. 9.89 for the year ended June 30, 2024 as against Tk. 0.58, Tk. 53.08 and Tk. 2.94 respectively for the year ended June 30, 2023. Reasons for deviation in EPS and NOCFPS: Earnings Per Share (EPS) has increased to Tk. 1.77 from Tk. 0.58 in the previous year. While the operating profit remained the same as last year, the company effectively managed its foreign currency exchange losses. (cont.2)
The first part of this announcement is missing from the archive. - (Cont. news of GPHISPAT): This year, the total loss from foreign currency fluctuations was Tk. 793,196,809.00 compared t
(Cont. news of GPHISPAT): This year, the total loss from foreign currency fluctuations was Tk. 793,196,809.00 compared to Tk. 2,325,074,410.00 in the previous year. As a result, finance costs decreased by Tk. 515,482,205.00, and current tax expenses also dropped by Tk. 66,651,526.00. Consequently, net profit rose by Tk. 590,126,757.00 compared to last year. (cont.3)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Cont. news of GPHISPAT): Payment against suppliers and others during this period is less than the collection from customers, resulting a positive impact at Net Operating Cash Flows Per Share (NOCFPS). (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 (08.10.2024) following its corporate declaration.
- Board decision to issue Preference Shares up to BDT 5,000 million
The Board of Directors of the company has decided to issue Non-Convertible, Cumulative, Redeemable and Non-Participative Preference Shares amounting up to BDT 5,000 million to refinance the existing loans with preference shares subject to approval from Bangladesh Securities and Exchange Commission (BSEC).
- 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 07, 2024 at 03:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Resumption after record date
Trading of the shares of the company will resume on 19.09.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 18.09.2024 for EGM.
- Spot for EGM
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 from 15.09.2024 to 17.09.2024 and trading of the shares will remain suspended on record date i.e., 18.09.2024 for EGM.
- The company has informed that the Board of Directors of the company in its meeting held on August 22, 2024 approved a pr
The company has informed that the Board of Directors of the company in its meeting held on August 22, 2024 approved a proposal for Rights Share issue in the following particulars: Proposed Rights Shares Issue: 01(one) [R]:03(three) [i.e. 01 (one) Right Share for every 03 (three) ordinary shares held] at an issue price of Tk. 15.00 each (including share premium of Tk. 5.00 each) on paid up capital subject to approval by the shareholders in the EGM and the regulatory authorities. (cont.)
- Board approval to a proposal for Rights Share Issue & holding EGM
(Cont. news of GPHISPAT): The company will raise a total fund of Tk. 2,419,417,275 through issuing 161,294,485 nos. of Rights share. Purpose of Rights Share Issue: To install a new furnace with its newly expansion plant which will enhance the production capacity and also addition of the revenue of Tk. 4,500 million per annum. Date of EGM: October 20, 2024, Time: 03:30 PM, Venue of EGM: Digital Platform and Record Date of the EGM: September 18, 2024. (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 (25.08.2024) following its corporate declaration.
- Regarding Rights Issue of the company (Additional Information)
Referring to their news regarding board approval to a proposal for Rights Share Issue & holding EGM, the company has further informed that another Record Date will be fixed for entitlement of Rights Share after getting approval from the Bangladesh Securities and Exchange Commission.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 1.01 for January-March 2024 as against Tk. 1.11 for January-March 2023; EPS was Tk. 1.33 for July 2023-March 2024 as against Tk. (0.65) for July 2022-March 2023. NOCFPS was Tk. 6.76 for July 2023-March 2024 as against Tk. (0.80) for July 2022-March 2023. NAV per share was Tk. 51.90 as on March 31, 2024 and Tk. 53.08 as on June 30, 2023. NOCFPS has been increased as payment against suppliers and others during the period is less than the collection from customers.
- 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 30, 2024 at 04:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Credit Rating Result
Alpha Credit Rating Limited has assigned Surveillance rating of the Company as "AA-" in the long term and "ST-2" in the short term along with Stable outlook based on audited financial statements as on June 30, 2023 and relevant qualitative information till February 18, 2024.
- (Q2 Un-audited): EPS was Tk. 0.66 for October-December 2023 as against Tk. (0.12) for October-December 2022; EPS was Tk.
(Q2 Un-audited): EPS was Tk. 0.66 for October-December 2023 as against Tk. (0.12) for October-December 2022; EPS was Tk. 0.32 for July-December 2023 as against Tk. (1.76) for July-December 2022. NOCFPS was Tk. 4.96 for July-December 2023 as against Tk. (2.11) for July-December 2022. NAV per share was Tk. 50.80 as on December 31, 2023 and Tk. 53.08 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: (cont.)
- Q2 Financials
(Continuation news of GPHISPAT): During this period finance costs have decreased due to decrease in exchange loss in foreign currency transactions for that reason a positive result reflects in EPS in comparison with the previous period. Payment against suppliers and others during this period is less than the collection from customers resulting a positive impact at NOCFPS. (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 31, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
- Dividend Disbursement
The Company has informed that it has credited the Bonus Shares for the year ended June 30, 2023 to the respective shareholders' BO Accounts.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.