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 2021 (17).
- Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating of the Company as \"A1\" along with a
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating of the Company as \"A1\" along with a stable outlook based on audited financial statements up to June 30, 2021; bank liability as on December 22, 2021 and other relevant quantitative and qualitative information up to the date of rating declaration.
- Category Change
The Company has been placed in 'B' category from existing 'A' category with effect from December 19, 2021 as the Company has approved 5% Cash dividend for the year ended on June 30, 2021.
- Prohibition on providing loan facilities to purchase securities
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Atlas Bangladesh Ltd. in between 1st to 30th trading day after change of categorization, with effect from December 19, 2021 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Resumption after record date
Trading of the shares of the Company will resume on 21.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.34 for July-September 2021 as against Tk. 0.25 for July-September 2020; NOCFPS was Tk. 0.85 for July-September 2021 as against Tk. (0.50) for July-September 2020. NAV per share was Tk. 16.83 as on September 30, 2021 and Tk. 16.48 as on June 30, 2021.
- 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 benefit from 16.11.2021 to 17.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- 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 15, 2021 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, 2021.
- The auditor of the IT Consultants Limited has given the \"Qualified Opinion\"& \"Emphasis of matters\" paragraphs in the
The auditor of the IT Consultants Limited has given the \"Qualified Opinion\"& \"Emphasis of matters\" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: 1. Note # 3.01(d) to the financial statements disclosed the methods of charging depreciation on Property, plant and equipment, which is not in compliance with Paragraph 60 and 61 of International Accounting Standard (IAS) 16: Property, Plant and Equipment; and (cont.1)
- (Continuation news of ITC): 2. Note # 3.02(c) to the financial statements disclosed the methods of charging amortization
(Continuation news of ITC): 2. Note # 3.02(c) to the financial statements disclosed the methods of charging amortization of Intangible assets, which is not in compliance with Paragraph 97 and 107 of International Accounting Standard (IAS) 38: Intangible Assets. Emphasis of Matters: Without further qualifying our opinion, we draw attention to the following matters: 1. Note # 3.01 (c) to the financial statements (cont.2)
The first part of this announcement is missing from the archive. - Qualified Opinion & Emphasis of matters
(Continuation news of ITC): disclosed the reason for not conducting the revaluation of non-current assets and in Note # 4.00 to the financial statements, the Company disclosed the current status of the preparation of the register for the non-current assets of the Company; and 2. Note # 3.04 to the financial statements disclosed the methods used for valuation of the Inventories. (end)
The first part of this announcement is missing from the archive. - Dividend Declaration
The Board of Directors has recommended 5% Cash dividend for the year ended on June 30, 2021. Date of AGM: December 14, 2021, Time: 10:30 AM, Venue: Digital Platform. Record Date: November 18, 2021. The Company has reported EPS of Tk. 1.54, NAV per share of Tk. 16.48 and NOCFPS of Tk. 1.67 for the year ended on June 30, 2021 as against Tk. 1.16 (restated), Tk. 15.17 (restated), and Tk. (0.74) (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 (31.10.2021) 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 28, 2021 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.38 for January-March 2021 as against Tk. 0.29 for January-March 2020; EPS was Tk. 1.16 for July 2020-March 2021 as against Tk. 0.99 for July 2019-March 2020. NOCFPS was Tk. 1.68 for July 2020-March 2021 as against Tk. (0.98) for July 2019-March 2020. NAV per share was Tk. 16.10 as on March 31, 2021 and Tk. 15.17 as on June 30, 2020.
- 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 19, 2021 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, 2021.
- (Q2 Un-audited): EPS was Tk. 0.53 for October-December 2020 as against Tk. 0.53 for October-December 2019; EPS was Tk. 0
(Q2 Un-audited): EPS was Tk. 0.53 for October-December 2020 as against Tk. 0.53 for October-December 2019; EPS was Tk. 0.78 for July-December 2020 as against Tk. 0.69 for July-December 2019. NOCFPS was Tk. 1.31 for July-December 2020 as against Tk. (0.87) for July-December 2019. NAV per share was Tk. 15.71 as on December 31, 2020 and Tk. 15.17 as on June 30, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.