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 2023 (23).
- The auditor of the company has given the \"Material Uncertainty Related to Going Concern\" paragraph in the Auditor\'s R
The auditor of the company has given the \"Material Uncertainty Related to Going Concern\" paragraph in the Auditor\'s Report of the company for the year ended June 30, 2023. To view the details, please visit: https://www.dsebd.org/assets/pdf/KPCL.pdf
- Resumption after record date
Trading of the shares of the company will resume on 21.11.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 20.11.2023.
- (Q1 Un-audited): EPS was Tk. 0.16 for July-September 2023 as against Tk. (1.97) for July-September 2022; NOCFPS was Tk.
(Q1 Un-audited): EPS was Tk. 0.16 for July-September 2023 as against Tk. (1.97) for July-September 2022; NOCFPS was Tk. 0.13 for July-September 2023 as against Tk. (1.81) for July-September 2022. NAV per share was Tk. 19.35 as on September 30, 2023 and Tk. 19.19 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: EPS has been increased compared to the same quarter of last year due to higher generation of electricity. (cont.1)
- Q1 Financials
(Continuation news of KPCL): In addition, during the corresponding period of last year, there was an adjustment of loss incurred (difference of book value and sale value) on sale of age old KPCL 110MW barge mounted plant. During the period under report NOCFPS improved mainly due to increased receivable collection from Bangladesh Power Development Board (BPDB) against sales. (end)
The first part of this announcement is missing from the archive. - Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 16.11.2023 to 19.11.2023 and trading of the shares will remain suspended on record date i.e., 20.11.2023.
- 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 14, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- The Board of Directors has recommended 10\% cash dividend for all the shareholders for the year ended June 30, 2023. Dat
The Board of Directors has recommended 10\% cash dividend for all the shareholders for the year ended June 30, 2023. Date of AGM: 28.12.2023, Time: 11:00 AM, Venue: Digital Platform. Record Date: 20.11.2023. The Company has also reported EPS of Tk. (1.67), NAV per share of Tk. 19.19 and NOCFPS of Tk. (4.40) for the year ended June 30, 2023 as against Tk. 0.03, Tk. 21.73 and Tk. 2.01 respectively for the year ended June 30, 2022. (cont.1)
- (Continuation news of KPCL): Reasons for deviation: During the year under report EPS decreased mainly due to adjustment
(Continuation news of KPCL): Reasons for deviation: During the year under report EPS decreased mainly due to adjustment of difference between book value and sale value of age old KPCL 110MW barge mounted plant. Further, lower capacity utilization of the power plants, increased foreign currency loss due to huge devaluation of BDT against US Dollar arising from import of fuel (HFO) (cont.2)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Dividend Declaration
(Continuation news of KPCL): and increased finance cost caused by delayed payments of Bangladesh Power Development Board (BPDB) against sales also contributed to the negative EPS. NOCFPS became negative mainly due to Cash purchase of HFO from Bangladesh Petroleum Corporation (BPC) but delayed receipts of payments from (BPDB) against sales. (end)
The first part of this announcement is missing from the archive. - 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 26, 2023 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Dividend Declaration of Associate Company
The Company has informed that the Board of Directors of United Payra Power Ltd. (UPPL), a 35% associate company of Khulna Power Company Ltd. (KPCL), in its meeting held on 18th October 2023 has declared cash dividend of Tk. 2.00 per share of Tk. 10 each, amounting Tk. 231,770,000 (Entitlement of KPCL) based on the audited financial statements for the year ended on 30th June 2023 of UPPL.
- (Q3 Un-audited): EPS was Tk. (0.06) for January-March 2023 as against Tk. (0.06) for January-March 2022; EPS was Tk. (2.
(Q3 Un-audited): EPS was Tk. (0.06) for January-March 2023 as against Tk. (0.06) for January-March 2022; EPS was Tk. (2.06) for July 2022-March 2023 as against Tk. (0.24) for July 2021-March 2022. NOCFPS was Tk. (0.06) for July 2022-March 2023 as against Tk. 2.80 for July 2021-March 2022. NAV per share was Tk. 18.81 as on March 31, 2023 and Tk. 21.46 as on March 31, 2022. Reasons for deviation: During this period, EPS decreased mainly due to adjustment of difference between book value and sale (cont.)
- Q3 Financials
(Cont. news of KPCL): value of age old KPCL 110MW barge mounted plant. Foreign currency loss for importation of fuel (HFO) due to huge devaluation of BDT against USD and lower capacity utilization of the power plants also contributed to the net loss. During the period under report, NOCFPS decreased mainly due to delay in making payment by Bangladesh Power Development Board (BPDB) against sales. Cash purchase of HFO from Bangladesh Petroleum Corporation (BPC) also contributed to the negative NOCFPS. (end)
The first part of this announcement is missing from the archive. - Reschedule of Board Meeting under LR 16(1)
The Company has further informed that due to unavoidable circumstances a meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on April 29, 2023 at 3:00 PM instead of April 30, 2023 at 5:15 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- 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 30, 2023 at 5:15 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Appointment of Director
The Company has informed that the Board of Directors of the Company has appointed Mr. Nasiruddin Akhter Rashid and Mr. Khondaker Zayed Ahsan, nominees from United Mymensingh Power Ltd. (UMPL) as Director in place of Mr. Abul Kalam Azad and Mr. Faridur Rahman Khan, effective from February 05, 2023.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.
- (Q2 Un-audited): EPS was Tk. (0.03) for October-December 2022 as against Tk. (0.08) for October-December 2021; EPS was T
(Q2 Un-audited): EPS was Tk. (0.03) for October-December 2022 as against Tk. (0.08) for October-December 2021; EPS was Tk. (2.00) for July-December 2022 as against Tk. (0.18) for July-December 2021. NOCFPS was Tk. (4.47) for July-December 2022 as against Tk. 2.88 for July-December 2021. NAV per share was Tk. 18.87 as on December 31, 2022 and Tk. 21.73 as on June 30, 2022. (cont.)
- Q2 Financials
(Continuation news of KPCL): Reasons for Deviation in EPS and NOCFPS: EPS has decreased during the period mainly due to adjustment of difference between book value and sale value of KPCL 110 MW barge mounted plant. NOCFPS became negative mainly due to delay in making payment by Bangladesh Power Development Board (BPRD) against sales. Cash purchase of HFO from Bangladesh Petroleum Corporation (BPC) also contributed to the negative NOCFPS. (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 January 29, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
- Emerging Credit Rating Limited (ECRL) has assigned initial rating of the Company as \"A\" in the long term and \"ST-3\"
Emerging Credit Rating Limited (ECRL) has assigned initial rating of the Company as \"A\" in the long term and \"ST-3\" in the short term along with Stable outlook based on audited financial statements of the company up to June 30, 2022; unaudited financial statements of 1st quarter of 2023 and other relevant qualitative as well as quantitative information available up to the date of rating.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.