Taufika Foods and Lovello Ice-cream PLC announcements
120 Dhaka Stock Exchange announcements for Taufika Foods and Lovello Ice-cream PLC (LOVELLO) since 2021: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (23).
- (Q1 Un-audited): EPS was Tk. 0.56 for July-September 2022 as against Tk. 0.40 for July-September 2021; NOCFPS was Tk. 1.
(Q1 Un-audited): EPS was Tk. 0.56 for July-September 2022 as against Tk. 0.40 for July-September 2021; NOCFPS was Tk. 1.40 for July-September 2022 as against Tk. 0.71 for July-September 2021. NAV per share was Tk. 13.45 as on September 30, 2022 and Tk. 12.90 as on June 30, 2022. (cont.)
- Q1 Financials
(Continuation news of LOVELLO): Reasons for significant deviation: Ice-cream business is a seasonal business. As this quarter is a peak time for this business and Bangladesh on road to recovery from COVID-19, it has a positive impact of sales in this period. As a result, Net profit after TAX, EPS, NAVPS, NOCFPS have also increased in comparison to the 1st Quarter of the previous financial year. (end)
The first part of this announcement is missing from the archive. - Resumption after record date
Trading of the shares of the Company will resume on 15.11.2022 after record date.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 14.11.2022
- 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 10.11.2022 to 13.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 14.11.2022.
- 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, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (24.10.2022) following its corporate declaration.
- Dividend Declaration
(Continuation news of LOVELLO): The Board of Directors has also decided to utilize BDT 65.00 lakh in Vehicle purchase instead of Investment in Depot to increase and extend time for further period of 01 year from January 2023 to January 2024 for utilizing the rest of the IPO amount. (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 23, 2022 at 2:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Resumption after record date
Trading of the shares of the company will resume on 27.09.2022 after record date.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 26.09.2022 for EGM.
- Spot for EGM
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 from 22.09.2022 to 25.09.2022 and trading of the shares will remain suspended on record date i.e., 26.09.2022 for EGM.
- Decision to hold an EGM
(Continuation news of LOVELLO): The Company has also informed that the decision will be amended by the Board of Directors with the approval of the shareholders. Date of EGM: 18.10.2022, Time: 11:30 AM, Venue: Digital Platform. Record Date for EGM: 26.09.2022. (end)
The first part of this announcement is missing from the archive. - Confirmation of share transfer by a Sponsor Director
Mr. Md. Ekramul Haque one of the Sponsor Directors of the company, has further reported that he has completed his transfer of 30,00,000 shares of the Company to his daughter Ms. Muhsinina Sharika Ekram (General Shareholder of the company), by way of gift outside the trading system of the Exchange as per declaration disseminated on 07.04.2022.
- Q3 Financials
(Continuation news of LOVELLO): Sales revenue as on March 2022 has increased by 37.66% in compare to period ended on March 2021. Cash received from customers has also increased by 39.78% from cash received from customers in compare to period ended March 2021. This fact has created positive impact of Net Operating Cash Flow per Share for the period ended on March 31, 2022. (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 April 19, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Declaration of share transfer by a Sponsor Director (Correction)
(Correction): Mr. Md. Ekramul Haque one of the Sponsor Directors of the company, has expressed his intention to transfer 30,00,000 shares out of his holding 3,30,00,000 shares of the Company to his daughter Ms. Muhsinina Sharika Ekram (General Shareholder of the company), by way of gift outside the trading system of the Exchange within April 28, 2022 from the date of issuance of approval letter by DSE.
- Declaration of share transfer by a Sponsor Director
Mr. Md. Toriqul Islam one of the Sponsor Directors of the company, has expressed his intention to transfer 30,00,000 shares out of his holding 3,30,00,000 shares of the Company to his daughter Ms. Muhsinina Sharika Ekram (General Shareholder of the company), by way of gift outside the trading system of the Exchange within April 28, 2022 from the date of issuance of approval letter by DSE.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
- Category Change
The Company will be placed in 'A' category from existing 'N' category with effect from February 09, 2022 as the Company has reported disbursement of 11% cash dividend for the year ended June 30, 2021.
- Q2 Financials
(Continuation news of LOVELLO): The Company has informed that during the period from October-December 2021 its sales has been decreased due to effect of winter season as the period is considered as off peak season for ice-cream industry. As a result, Net profit after tax, EPS, NAVPS have also decreased in comparison to that of 1st Quarter of the current Financial year. (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 27, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2021.
- Query Response
In response to a DSE query, 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.