Khulna Power Company Ltd. announcements
314 Dhaka Stock Exchange announcements for Khulna Power Company Ltd. (KPCL) since 2010: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2013 (16).
- (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2013 (July'13 to Sep'13), the Com
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2013 (July'13 to Sep'13), the Company has reported consolidated net profit after tax (excluding non-controlling interests) of Tk. 447.58 million with consolidated EPS of Tk. 1.30 as against Tk. 478.17 million and Tk. 1.39 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interests) was Tk. 1,519.59 million with consolidated EPS of Tk. 4.42 for the period of nine months (Jan'13 to Sep'13) ended on 30.09.2013 as against Tk. 1,185.33 million and Tk. 3.44 respectively for the same period of the previous year.
- Credit Rating
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA" in the long term and "ST-1" in the short term in consideration of financials of the Company up to 31st December 2012 (audited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA" in the long term and "ST-1" in the
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA" in the long term and "ST-1" in the short term in consideration of financials of the Company up to 31st December 2012 (audited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- (H/Y): As per un-audited half yearly accounts as on 30.06.2013 (Jan'13 to June'13), the Company has reported consolidate
(H/Y): As per un-audited half yearly accounts as on 30.06.2013 (Jan'13 to June'13), the Company has reported consolidated profit after tax (excluding non-controlling interests) of Tk. 1,074.13 million with consolidated EPS of Tk. 3.12 as against Tk. 707.16 million and Tk. 2.06 respectively for the same period of the previous year. Whereas consolidated profit after tax (excluding non-controlling interests) was Tk. 501.89 million with consolidated EPS of Tk. 1.46 for the period of 3 months (Apr'13 to June'13) ended on 30.06.2013 as against Tk. 322.04 million and Tk. 0.94 respectively for the same period of the previous year.
- The Company has informed that it has credited the bonus shares for the year ended on December 31, 2012 to the respective
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2012 to the respective shareholders' BO Accounts on June 27, 2013. The Company has also informed that the cash dividend including the payment of sale proceeds of Fractional shares will be distributed to the respective bank account of the shareholders and whose bank accounts are not found, dividend warrants will be issued and dispatched to the registered address of the shareholders through courier within stipulated time.
- Q1 Earnings
As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2013 (Jan'13 to March'13), the Company has reported consolidated profit after tax (excluding non-controlling interest) of Tk. 583.72 million with consolidated basic EPS of Tk. 1.91 as against Tk. 385.12 million and Tk. 1.26 respectively for the same period of the previous year. However, considering proposed bonus share @ 12.50% for the year 2012, consolidated restated basic EPS will be Tk. 1.70 as on 31.03.2013 and Tk. 1.12 as on 31.03.2012.
- Auditor Opinion
(Emphasis of Matters): "Hoda Vasi Chowdhury & Co.", Auditor of the company, has given the following Emphasis of Matters in the audit report of the company for the year ended 31 December 2012: " we draw attention to Note 2.7 to the financial statements where management explains how they will continue in operational existence for the foreseeable future of Khanjahan Ali Power Company Ltd., a subsidiary of Khulna Power Company Ltd., in spite of having net current liabilities as at the balance sheet date. It is not a qualified opinion in respect of this matter." "Note 2.7 states: Going concern assumption: The financial statements of the Company/Groups have been prepared on going concern basis. In spite of the net current liabilities amountingto Tk. 251,380,154 of Khanjahan Ali Power Company Ltd., a subsidiary of the Company is a going concern as the directors believe to be appropriate for the following reason. This subsidiary company for its working capital on fund provided to it by Khulna Power Company Ltd. the parent company. Khulna Power Company Ltd. has indicated that for at least 12 months from the date of approval of the financial statements will continue to make available required fund needed for Khanjahan Ali Power Company Ltd. and will not seek repayments of the same till the date its cash flow permit such repayment. The directors consider that this should enable Khanjahan Ali power Company Ltd. to continue in operational existence for foreseeable future."
- (Continuation of news of KPCL): to Tk. 251,380,154 of Khanjahan Ali Power Company Ltd., a subsidiary of the Company is a
(Continuation of news of KPCL): to Tk. 251,380,154 of Khanjahan Ali Power Company Ltd., a subsidiary of the Company is a going concern as the directors believe to be appropriate for the following reason. This subsidiary company for its working capital on fund provided to it by Khulna Power Company Ltd. the parent company. Khulna Power Company Ltd. has indicated that for at least 12 months from the date of approval of the financial statements will continue to make available required fund needed for Khanjahan Ali Power Company Ltd. and will not seek repayments of the same till the date its cash flow permit such repayment. The directors consider that this should enable Khanjahan Ali power Company Ltd. to continue in operational existence for foreseeable future."(end)
The first part of this announcement is missing from the archive. - (Emphasis of Matters): "Hoda Vasi Chowdhury & Co.", Auditor of the company, has given the following Emphasis of Matters
(Emphasis of Matters): "Hoda Vasi Chowdhury & Co.", Auditor of the company, has given the following Emphasis of Matters in the audit report of the company for the year ended 31 December 2012: " we draw attention to Note 2.7 to the financial statements where management explains how they will continue in operational existence for the foreseeable future of Khanjahan Ali Power Company Ltd., a subsidiary of Khulna Power Company Ltd., in spite of having net current liabilities as at the balance sheet date. It is not a qualified opinion in respect of this matter." "Note 2.7 states: Going concern assumption: The financial statements of the Company/Groups have been prepared on going concern basis. In spite of the net current liabilities amounting (cont.)
- (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2013 (Jan'13 to March'13), the Compan
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2013 (Jan'13 to March'13), the Company has reported consolidated profit after tax (excluding non-controlling interest) of Tk. 583.72 million with consolidated basic EPS of Tk. 1.91 as against Tk. 385.12 million and Tk. 1.26 respectively for the same period of the previous year. However, considering proposed bonus share @ 12.50% for the year 2012, consolidated restated basic EPS will be Tk. 1.70 as on 31.03.2013 and Tk. 1.12 as on 31.03.2012.
- Normal trading of the shares of the Company will resume on 15.05.2013 after record date.
Normal trading of the shares of the Company will resume on 15.05.2013 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 14.05.2013.
Trading of the shares of the Company will remain suspended on record date i.e., 14.05.2013.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 09.05.2013 to 13.05.2013. Trading of the shares of the Company will remain suspended on record date i.e., 14.05.2013.
- The Board of Directors has recommended cash dividend @ 12.50% (i.e. Tk. 1.25 per share of Tk. 10.00 each) and stock divi
The Board of Directors has recommended cash dividend @ 12.50% (i.e. Tk. 1.25 per share of Tk. 10.00 each) and stock dividend @ 12.50% for the year ended on December 31, 2012. Date of AGM: 19.06.2013, Time: 10:30 AM, Venue: Bashundhara Convention Centre-2, Bashundhara R/A, Baridhara, Dhaka. Record date: 14.05.2013. The Company has also reported EPS of Tk. 5.32, NAV per share of Tk. 17.84 and NOCFPS of Tk. 12.44 for the year ended on December 31, 2012.
- There will be no price limit on the trading of the shares of the Company today (30.04.2013) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (30.04.2013) following its corporate declaration.
- As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on April 29, 2013 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2012.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.