IT Consultants PLC. announcements
162 Dhaka Stock Exchange announcements for IT Consultants PLC. (ITC) since 2016: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (15).
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating of the Company as "A2" along with a stable outlook based on audited financial statements up to June 30, 2017; bank liability position as on December 14, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Stock Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2017 to the respective shareholders' BO Accounts on December 12, 2017.
- Emphasis of Matter
(Matter of Emphasis): The auditor of the company has given the following 'Matter of Emphasis' paragraph in the audit report of the company prepared for the year ended on 30 June 2017. Matter of Emphasis: We draw attention to note 3.8(a) to the financial statements of the company regarding non-adjustment of Advance Income Tax (AIT) of Taka 177,250,401 as at June 30, 2017. The tax assessment of the company is under process for appeal for the assessment year from 2012-2013 (cont.) (Continuation news of ITC): in the value of deferred tax was not ascertainable in the prior year. However, the management of the company has made a decision to comply deferred tax as per BAS-12.We also draw attention to the note 3.14 to the financial statements of the company regarding restatement of Earnings per Share (EPS) from 0.93 to 0.88 due to issuance of Stock (Bonus) Dividend. The company has restated the EPS as per BAS 33, para 28. Our Opinion is not modified in respect of these matters. (End) (Continuation news of ITC): to 2016-2017 thus the adjustment amount of AIT could not be measured reliably by the management. Therefore, no AIT has been adjusted by the company. We further draw attention to note 3.8(b) to the financial statements of the company regarding restatement of the comparative figure of Taka 66,612,325 as per BAS 8, para 42 due to implementation of Deferred Tax as on 30 June 2017. The management based on the factor mentioned in the said note, believes that the estimate (cont.2)
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.19 for July-September, 2017 as against Tk. 0.12 for July-September, 2016; NOCFPS was Tk. (0.62) for July-September, 2017 as against Tk. 0.38 for July-September, 2016. NAV per share was Tk. 16.41 as on September 30, 2017 and Tk. 16.22 as on June 30, 2017.
- 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 12, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.
- Resumption after record date
Trading of the shares of the Company will resume on 06.11.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 05.11.2017.
- Spot News
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefits from 01.11.2017 to 02.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 05.11.2017.
- Dividend Declaration
The Board of Directors has recommended 6% Cash and 4% stock dividend for the year ended on June 30, 2017. Date of AGM: 04.12.17, Time: 10:30 AM, Venue: RAOWA Convention Hall -2 (Anchor Hall), VIP Road, Mohakhali, Dhaka. Record Date: 05.11.17. The Company has also reported EPS of Tk. 1.04, NAV per share of Tk. 16.22 and NOCFPS of Tk. 2.96 for the year ended on June 30, 2017 as against Tk. 0.88 (restated), Tk. 16.01 (restated) and Tk. (1.46) (restated) respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (12.10.2017) following its corporate declaration.
- 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 11, 2017 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.37 for January-March, 2017 as against Tk. 0.32 for January-March, 2016; EPS was Tk. 0.84 for July, 2016-March, 2017 as against Tk. 0.50 for July, 2015-March, 2016. NOCFPS was Tk. 1.46 for July, 2016-March, 2017 as against Tk. (2.45) for July, 2015-March, 2016. NAV per share was Tk. 18.18 as of March 31, 2017 and Tk. 19.37 as of June 30, 2016.
- 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, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.36 for October-December, 2016 as against Tk. 0.23 for October-December, 2015; EPS was Tk. 0.49 for July-December, 2016 as against Tk. 0.18 for July-December, 2015. NOCFPS was Tk. 0.59 for July-December, 2016 as against Tk. (0.83) for July-December, 2015. NAV per share was Tk. 18.46 as of December 31, 2016 and Tk. 19.37 as of June 30, 2016.
- 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 29, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.