IDLC Finance PLC. announcements
363 Dhaka Stock Exchange announcements for IDLC Finance PLC. (IDLC) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (28).
- (Q3 Un-audited): Consolidated EPS was Tk. 0.67 for July-September 2023 as against Tk. 0.94 for July-September 2022; Cons
(Q3 Un-audited): Consolidated EPS was Tk. 0.67 for July-September 2023 as against Tk. 0.94 for July-September 2022; Consolidated EPS was Tk. 2.41 for January-September 2023 as against Tk. 3.15 for January-September 2022. Consolidated NOCFPS was Tk. (0.69) for January-September 2023 as against Tk. (53.45) for January-September 2022. Consolidated NAV per share was Tk. 44.47 as on September 30, 2023 and Tk. 43.56 as on December 31, 2022. (cont.1)
- (Continuation news of IDLC): Reasons for significant deviation in EPS and NOCFPS: EPS for the period ended September 30,
(Continuation news of IDLC): Reasons for significant deviation in EPS and NOCFPS: EPS for the period ended September 30, 2023 is BDT 2.41, which was BDT 3.15 in the same period of the previous year. The primary reason behind this decline is the decrease in net interest income (decreased by 201 million), decrease in investment income (decreased by BDT 43 million), decrease in Commission exchange and brokerage (decreased by BDT 168 million). (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of IDLC): On the other hand, other operating income increased by BDT 109 million. As such, aggregatel
(Continuation news of IDLC): On the other hand, other operating income increased by BDT 109 million. As such, aggregately net profit after tax reduced to BDT 1000 million (reduced by BDT 310 million). NOCFPS for the period ended September 30, 2023 is BDT (0.69), which was BDT (53.45) in the same period of previous year. The primary reason behind this variance is the increase in cash generation from loans and advances by BDT 5,702 million (cont.3)
The first part of this announcement is missing from the archive. - Q3 Financials
(Continuation news of IDLC): along with increase in cash generation from bank borrowing by BDT 18,964 million. On the other hand, cash generation from terms and other deposit decreased by BDT 1,526 million. As such, aggregately cash outflow from operating activities has increased by BDT 21,929 million during the period ended on September 30,2023. (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 October 26, 2023 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- (Q2 Un-audited): Consolidated EPS was Tk. 0.91 for April-June 2023 as against Tk. 1.05 for April-June 2022; Consolidated
(Q2 Un-audited): Consolidated EPS was Tk. 0.91 for April-June 2023 as against Tk. 1.05 for April-June 2022; Consolidated EPS was Tk. 1.74 for January-June 2023 as against Tk. 2.21 for January-June 2022. Consolidated NOCFPS was Tk. (2.40) for January-June 2023 as against Tk. (25.43) for January-June 2022. Consolidated NAV per share was Tk. 43.80 as on June 30, 2023 and Tk. 43.56 as on December 31, 2022. (cont.)
- Q2 Financials
(Continuation news of IDLC): Reasons for deviation in EPS and NOCFPS: EPS has been decreased due to decrease in net interest income, investment income, commission exchange & brokerage and increase of other operating income. NOCFPS has been increased due to increase in cash generation from terms and other deposits, loans & advances and bank borrowing. (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 July 30, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2022 to the respective shareholders.
- Emerging Credit Rating Limited (ECRL) has affirmed Surveillance rating of the Company as \"AAA\" in the long term and \"
Emerging Credit Rating Limited (ECRL) has affirmed Surveillance rating of the Company as \"AAA\" in the long term and \"ST-1\" in the short term along with Stable outlook based on the audited financial statements up to December 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating of the Company as \"AAA\" in the long term and \"
Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating of the Company as \"AAA\" in the long term and \"ST-1\" in the short term along with a Stable outlook based on the audited financial statements up to December 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating.
- (Q1 Un-audited): Consolidated EPS was Tk. 0.83 for January-March 2023 as against Tk. 1.16 for January-March 2022; Consol
(Q1 Un-audited): Consolidated EPS was Tk. 0.83 for January-March 2023 as against Tk. 1.16 for January-March 2022; Consolidated NOCFPS was Tk. (6.69) for January-March 2023 as against Tk. (24.64) for January-March 2022. Consolidated NAV per share was Tk. 44.39 as on March 31, 2023 and Tk. 43.56 as on December 31, 2022. (cont.)
- Q1 Financials
(Continuation news of IDLC): Reasons for deviation in EPS and NOCFPS: EPS has been decreased due to decrease in net interest income, investment income, commission exchange & brokerage and increase in incremental provision. NOCFPS has been increased due to increase in cash generation from loans and advances. (end)
The first part of this announcement is missing from the archive. - The company has requested the shareholders to update their respective BO Accounts with 12 Digit Tax Payer\'s Identificat
The company has requested the shareholders to update their respective BO Accounts with 12 Digit Tax Payer\'s Identification Number (TIN), Bank Account, email address, mailing address, and contact number (mobile phone) through their respective Depository Participant (DP) before the \'Record Date\'. The company has also requested the concerned Brokerage Houses to provide the statement with the details (cont.)
- Update of Information
(Continuation news of IDLC): (shareholder name, BO ID number, client-wise shareholding position, gross dividend receivable, applicable tax rate and net dividend receivable) of their margin loan holders, as on record date, to the Company's share office and also email the soft copy in MS Excel format to [email protected] on or before May 18, 2023. The company has further requested the Brokerage Houses to provide their bank account particular. (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 May 14, 2023 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- The Company has requested the shareholders to update their respective BO Accounts with 12 Digit Tax Payer\'s Identificat
The Company has requested the shareholders to update their respective BO Accounts with 12 Digit Tax Payer\'s Identification Number (TIN), Bank Account, email address, mailing address, and contact number through their respective Depository Participant (DP) before the \'Record Date\'. The Company also requested the concerned Brokerage Houses to provide the statement with the details (cont.)
- Update of Information
(Continuation news of IDLC): (shareholder name, BO ID number, client-wise shareholding position, gross dividend receivable, applicable tax rate and net dividend receivable) of their margin loan holders as on record date to the Company's share office and also email the soft copy in MS Excel format to [email protected] on or before May 18, 2023. The Brokerage Houses are also requested to provide their bank account particular. (end)
The first part of this announcement is missing from the archive. - Resumption after record date
Trading of the shares of the company will resume on 03.05.2023.
- Suspension for record date
Trading of the shares of the company will be suspended on record date i.e., 02.05.2023.
- 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 27.04.2023 to 30.04.2023 and trading of the shares will remain suspended on record date i.e., 02.05.2023.
- No objection from BB to commence Shariah-based Financing Business
Refer to their earlier news disseminated by DSE on 01.06.2022 regarding decision to Launch Islamic Finance Window, the company has further informed that Bangladesh Bank has provided no objection to commence the Islamic Shariah-based Financing Business under the Islamic Finance window by amending relevant clauses of the Memorandum and Article of Association of the company. The operation of Shariah-compliant business will run simultaneously with existing operations.
- The Board of Directors has recommended 15\% Cash dividend for the year ended December 31, 2022. Date of AGM: 25.05.2023,
The Board of Directors has recommended 15\% Cash dividend for the year ended December 31, 2022. Date of AGM: 25.05.2023, Time: 11:00 AM, Venue: Digital Platform. Record Date: 02.05.2023. The Company has reported Consolidated EPS of Tk. 4.61, Consolidated NAV per share of Tk. 43.56 and Consolidated NOCFPS of Tk. (21.10) for the year ended December 31, 2022 as against Tk. 5.09, Tk. 40.39 and Tk. 44.90 respectively for the year ended December 31, 2021. (cont.1)
- (Continuation news of IDLC): The company has also informed that recently the company has received an order from ADR offi
(Continuation news of IDLC): The company has also informed that recently the company has received an order from ADR office of National Board of Revenue (NBR) regarding resolution of various pending income tax cases between National Board of Revenue and IDLC Finance Limited. The agreement among NBR, IDLC Finance Limited & Facilitator has been signed duly. All three parties have agreed upon various long pending grounds from the year 2002 to 2020, which (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 (09.04.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Dividend Declaration and resolution regarding pending income tax cases
(Continuation news of IDLC): have been resolved through Alternative Dispute Resolution (ADR). In this regard, the company is able to release excess tax provisions from the previous years and the amount will be finalized after the final assessment by the Deputy Commissioner of Taxes (DCT) in accordance with the decision specified in the agreement among three parties. (end)
The first part of this announcement is missing from the archive. - Conference on audited financial results
The Company has informed that a conference in the form of webinar on the audited financial statements for the year ended December 31, 2022 will be held on April 10, 2023 at 7:00 PM for its all stakeholders. The Company has requested all interested stakeholders to participate in the event through the link: https://meetbd.live/IDLC2022Q4.
- 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 April 06, 2023 at 2:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.