DSE:JUTESPINN

Jute Spinners Limited announcements

281 Dhaka Stock Exchange announcements for Jute Spinners Limited (JUTESPINN) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (15).

  1. Basis for Qualified Opinion

    The auditor of the company has given the following 'Basis for Qualified Opinion' paragraph in the audit report of the company prepared for the year ended on 30 June 2016. Basis for Qualified Opinion: 1. The Company incurred a net loss of Tk. 71,564,969 during the year ended 30 June 2016 and the accumulated loss of the company as on June 30, 2016 stands at Tk. 267,645,263. This condition indicates the existence of a material uncertainty that may cast significant doubt about the company's ability to continue as a going concern. 2. The company has not complied with the section 234 (b) of the Bangladesh Labour Law 2006 regarding WPPF. 3. Interest was not provided on WPPF. 4. During the year a total sum of Tk. 27,475,056 has been paid to directors & associated undertaking and kept under the head 'advance' but no details or certificate could be given to us. 5. During the year Tk. 455,004 has been paid to Mrs. Ayasha Kadir as interest on the loan taken from her but no AIT been deducted from such interest which may attract penalty.

  2. Resumption after record date

    Trading of the shares of the Company will resume on 01.12.2016 after record date.

  3. Suspension for record date

    Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2016.

  4. Spot for AGM

    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 from 17.11.2016 to 29.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2016.

  5. Q1 Financials

    (Q1 Un-audited): EPS was Tk. (10.17) for July-September, 2016 as against Tk. (9.70) for July-September, 2015; NOCFPS was Tk. (7.29) for July-September, 2016 as against Tk. (28.05) for July-September, 2015.

  6. Q1 Financials (additional information)

    (Q1 Unaudited): The Company has further informed that NAV per share was Tk. 157.61 as on September 30, 2016 as against Tk. 114.88 as on September 30, 2015.

  7. No Dividend

    The Board of Directors has recommended No dividend for the year ended on June 30, 2016. Date of AGM: 17.12.2016, Time: 10:00 AM, Venue: Conference Room of Jute Diversification Promotion Center (JDPC), 145 Monipuri Para, Dhaka. Record Date: 30.11.2016. The Company has also reported EPS of Tk. (42.10), NAV per share of Tk. (147.44) and NOCFPS of Tk. (20.12) for the year ended on June 30, 2016 as against Tk. (19.69), Tk. (105.18) and Tk. (58.17) respectively for the same period of the previous year.

  8. No Price Limit

    There will be no price limit on the trading of the shares of the Company on 10.11.2016 following its corporate declaration.

  9. Board Meeting

    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 November 09, 2016 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.

  10. Q3 Financials

    (Repeat): (Q3 Un-audited): EPS was Tk. (11.68) for January-March, 2016 as against Tk. (5.53) for January-March, 2015; EPS was Tk. (29.05) for July, 2015-March, 2016 as against Tk. (23.76) for July, 2014-March, 2015. NOCFPS was Tk. (1.20) for July, 2015-March, 2016 as against Tk. (48.22) for July, 2014-March, 2015. NAV per share was Tk. (134.22) as of March 31, 2016 and Tk. (105.18) as of June 30, 2015.

  11. Q3 Financials

    EPS was Tk. (11.68) for January-March, 2016 as against Tk. (5.53) for January-March, 2015; EPS was Tk. (29.05) for July, 2015-March, 2016 as against Tk. (23.76) for July, 2014-March, 2015. NOCFPS was Tk. (1.20) for July, 2015-March, 2016 as against Tk. (48.22) for July, 2014-March, 2015. NAV per share was Tk. (134.22) as of March 31, 2016 and Tk. (105.18) as of June 30, 2015.

  12. Board Meeting

    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 27, 2016 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, 2016.

  13. Credit Rating Result

    Alpha Credit Rating Limited (AlphaRating) has rated the Company as "BB" in the long term and "AR-4" in the short term along with a stable outlook based on audited financial statements of the Company up to June 30, 2015, half yearly management account up to December 31, 2015 and relevant qualitative information up to April 10, 2016.

  14. Q2 Financials

    EPS was Tk. (7.54) for Oct.-Dec., 2015 as against Tk. (7.53) for Oct.-Dec., 2014; EPS was Tk. (17.24) for July-Dec., 2015 as against Tk. (18.17) for July-Dec., 2014. NOCFPS was Tk. (10.89) for July-Dec., 2015 as against Tk. 9.93 for July-Dec., 2014. NAV per share was Tk. (122.42) as of December 31, 2015 and Tk. (105.18) as of June 30, 2015. Accumulated profit/(loss) of the Company was Tk. (225.12) million as on 31.12.2015 resulting total shareholders equity stands at Tk. (208.12) million.

  15. Board Meeting

    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, 2016 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, 2015.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.