Karnaphuli Insurance PLC announcements
385 Dhaka Stock Exchange announcements for Karnaphuli Insurance PLC (KARNAPHULI) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (24).
- (Q3 Un-audited): EPS was Tk. 0.63 for July-September 2021 as against Tk. 0.25 for July-September 2020; EPS was Tk. 1.64
(Q3 Un-audited): EPS was Tk. 0.63 for July-September 2021 as against Tk. 0.25 for July-September 2020; EPS was Tk. 1.64 for January-September 2021 as against Tk. 0.89 for January-September 2020. NOCFPS was Tk. 2.18 for January-September 2021 as against Tk. 3.18 for January-September 2020. NAV per share was Tk. 19.46 as on September 30, 2021 and Tk. 18.11 as on September 30, 2020. The Company also informed that reason for significant deviation in EPS and NAV has been increased due (cont.)
- Q3 Financials
(Continuation news of KARNAPHULI): to fact that premium income, interest income and other income received during the quarter are more than that of corresponding period of previous year's of same quarter. Also mention that management expenses during the quarter is less than that of corresponding period of previous year's of same quarter. NOCFPS decreases due to decrease of reinsurance recovery and decrease of liability as deposit premium. (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 November 09, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- Buy Confirmation of a Corporate Director
Meghna Life Insurance Co. Ltd., one of the Corporate Directors of the Company, has further reported that it has completed its buying of 3,00,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 18.10.2021.
- Address Change of Corporate Office
The Company has informed that the Corporate Office of the Company will be shifted to its new address at Head Office, Meghna life-Karnaphuli Bima Bhaban (12-13 Floor), 11/B & D, Toynabi Circular Road, Matijheel C/A Dhaka-1000 with effect from October 24, 2021.
- Buy Declaration of a Corporate Director
Meghna Life Insurance Co. Ltd., one of the Corporate Directors of the Company, has expressed its intention to buy 3,00,000 shares of the Company at prevailing market price through Stock Exchange (DSE) within October 31, 2021.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on December 31, 2020 to the respective shareholders.
- (Q2 Un-audited): EPS was Tk. 0.56 for April-June 2021 as against Tk. 0.28 for April-June 2020; EPS was Tk. 1.01 for Janu
(Q2 Un-audited): EPS was Tk. 0.56 for April-June 2021 as against Tk. 0.28 for April-June 2020; EPS was Tk. 1.01 for January-June 2021 as against Tk. 0.63 for January-June 2020. NOCFPS was Tk. 1.70 for January-June 2021 as against Tk. 1.58 for January-June 2020. NAV per share was Tk. 19.83 as on June 30, 2021 and Tk. 18.85 as on June 30, 2020. (cont.)
- (Continuation news of KARNAPHULI): Reason for significant deviation in EPS and NAV has been increased due to fact that p
(Continuation news of KARNAPHULI): Reason for significant deviation in EPS and NAV has been increased due to fact that premium income, Interest income and other income received during the quarter are more than of corresponding period of previous year's of same quarter. Also mention that management expenses during quarter is less than that of corresponding period of previous year's same quarter. (end)
The first part of this announcement is missing from the archive. - Alpha Credit Rating Limited (AlphaRating) has rated the Company as "AA+" in the long term and "ST-2" in the short term a
Alpha Credit Rating Limited (AlphaRating) has rated the Company as "AA+" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the Company as on December 31, 2020 and relevant qualitative information till August 08, 2021.
- As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a 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 August 12, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2021.
- Trading of the shares of the Company will resume on 28.06.2021 after record date.
Trading of the shares of the Company will resume on 28.06.2021 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 27.06.2021.
Trading of the shares of the Company will remain suspended on record date i.e., 27.06.2021.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled
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 23.06.2021 to 24.06.2021. Trading of the shares of the Company will remain suspended on record date i.e., 27.06.2021.
- The auditor of the Karnaphuli Insurance Company Ltd has given the "Emphasis of Matter" paragraphs in the Auditor's Repor
The auditor of the Karnaphuli Insurance Company Ltd has given the "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 31 December 2020. Emphasis of Matter: In our opinion, we have considered the adequacy of disclosure in the Financial Statement in the light of such we would like to draw attention of the user of these Financial Statement on the below matter- a) Management Expenses exceeds by TK. 10,135,857 which is 6.97 % higher than the limit as prescribed in SRO no. (cont.1)
- (Continuation news of KARNAPHULI): 280-Law /2018 dated 26 September, 2018 of gross premium during the year. b) The compa
(Continuation news of KARNAPHULI): 280-Law /2018 dated 26 September, 2018 of gross premium during the year. b) The company has not adopted IFRS-16 Leases as on 31 December, 2020. The company has several branches on rent whose rental deed is to be renewed during 2021. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of KARNAPHULI): The company shall adopt the IFRS-16 in the upcoming financial year and prepare the fi
(Continuation news of KARNAPHULI): The company shall adopt the IFRS-16 in the upcoming financial year and prepare the financial statements adopting the previous as stated in IFRS-16 and thus comply accordingly. The company as paid total TK. 19,374,197.5 as rent of 28 branches. (end)
The first part of this announcement is missing from the archive. - (Q1 Un-audited): EPS was Tk. 0.45 for January-March 2021 as against Tk. 0.36 for January-March 2020. NOCFPS was Tk. 0.91
(Q1 Un-audited): EPS was Tk. 0.45 for January-March 2021 as against Tk. 0.36 for January-March 2020. NOCFPS was Tk. 0.91 for January-March 2021 as against Tk. 0.38 for January-March 2020. NAV per share was Tk. 19.27 as on March 31, 2021 and Tk. 18.05 as on March 31, 2020.
- The Board of Directors has recommended 10% cash dividend for the year ended on December 31, 2020. Date of AGM: 26.08.202
The Board of Directors has recommended 10% cash dividend for the year ended on December 31, 2020. Date of AGM: 26.08.2021, Time: 12:00 noon, Venue: Digital Platform. Record Date: 27.06.2021. The Company has also reported EPS of Tk. 1.60, NAV per share of Tk. 18.82 and NOCFPS of Tk. 5.78 for the year ended on December 31, 2020 as against Tk. 1.10, Tk. 18.22 and Tk. 0.55 respectively for the same period of the previous year. (cont.)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (23.05.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
- Dividend Declaration
(Continuation news of KARNAPHULI): The Company has also informed that NOCFPS as on 31.12.2019 has been re-arranged by treating IPO placement share for Tk. 1,22,50,000.00 under share investment account and deposit clearing for Tk. 47,13,504.00 under cash at bank balance. Accordingly, NOCFPS as on 31.12.2019 has been changed. (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 30, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.
- 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 May 20, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
- Query Response
In response to a DSE query dated May 03, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.