Matin Spinning Mills PLC announcements
196 Dhaka Stock Exchange announcements for Matin Spinning Mills PLC (MATINSPINN) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (14).
- Category Change
The Company will be placed in "A" category from existing "N" category with effect from December 08, 2014 as the Company reported disbursement of 25% cash dividend for the year ended on June 30, 2014.
- Directors decision
The Company has informed that the Board of Directors of the Company has decided to further expansion of production capacity by 7 ton (per day) synthetic yarn in addition to the existing capacity of 25 ton of Carded and Combed yarn and 10 ton (per day) mélange yarn project (under implementation with IPO proceeds ) at a projected cost of Tk. 101.40 crore out of which 66.78 crore will be availed as Loan from The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh and the rest amount of Tk. 34.62 crore will be financed from Company's own source.
- Q1 Earnings
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported net profit after tax of Tk. 107.09 million with EPS of Tk. 1.10 as against Tk. 66.51 million and Tk. 1.05 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-3" in the short term along with a stable outlook based on audited financial statements of the Company up to June 30, 2014 as well as other relevant quantitative and qualitative information up to the date of rating declaration.
- trade resume
Normal trading of the shares of the Company will resume on 12.10.2014 after record date.
- trade suspension
Trading of the shares of the Company will remain suspended on record date i.e., 02.10.2014.
- Spot Market Transaction
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 30.09.2014 to 01.10.2014. Trading of the shares of the Company will remain suspended on record date i.e., 02.10.2014.
- 25% cash dividend
The Board of Directors has recommended 25% cash dividend for the year ended on June 30, 2014. Date of AGM: 30.10.2014, Time: 11:00 AM, Venue: Factory Premises of Matin Spinning Mills Ltd. at Sardaganj, Kashimpur, Gazipur. Record date: 02.10.2014. The Company has also reported EPS (weighted average method) of Tk. 4.24, EPS (Fully diluted basis) of Tk. 3.26, NAV per share with revaluation reserve of Tk. 39.42, NAV per share without revaluation reserve of Tk. 29.21 and NOCFPS of Tk. 11.06 for the year ended on June 30, 2014.
- has no price limited today
There will be no price limit on the trading of the shares of the Company today (18.09.2014) following its corporate declaration.
- board meeting
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on September 17, 2014 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014.
- (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Compan
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported net profit after tax of Tk. 97.81 million with EPS of Tk. 1.47 as against Tk. 29.59 million and Tk. 0.45 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 226.42 million with EPS of Tk. 3.41 for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. 156.72 million and Tk. 2.36 respectively for the same period of the previous year.
- (Repeat): Trading of the shares of Matin Spinning Mills Ltd. will commence today (April 08, 2014) at DSE under 'N' categ
(Repeat): Trading of the shares of Matin Spinning Mills Ltd. will commence today (April 08, 2014) at DSE under 'N' category. DSE Trading Code for Matin Spinning Mills Ltd. is "MATINSPINN" and DSE Company Code is 17460.
- (Repeat): (H/Y): The Company has reported its profit after tax Tk. 74.73 million and basic EPS Tk. 1.18 for the 3 (three
(Repeat): (H/Y): The Company has reported its profit after tax Tk. 74.73 million and basic EPS Tk. 1.18 for the 3 (three) months ended on 31 December 2013 (Oct 2013- Dec 2013) as against profit after tax of Tk. 64.79 million and basic EPS of Tk. 1.02 for the same period of the previous year. It is to be noted that basic EPS has been calculated based on weighted average Pre-IPO paid-up number of shares i.e. 63,390,000 shares for 2013 and 2012. However, considering Post-IPO 97,490,000 number of shares the Company's basic EPS for the 3 (three) months ended on 31 Dec 2013 would be Tk. 0.77. (cont.)
- (Continuation of repeat news of MATINSPINN -H/Y): Whereas for the period of 6 (Six) months (July 2013 to Dec 2013) ended
(Continuation of repeat news of MATINSPINN -H/Y): Whereas for the period of 6 (Six) months (July 2013 to Dec 2013) ended on 31 December 2013 profit after tax was Tk. 128.60 million and basic EPS was Tk. 2.03 as against profit after tax of Tk. 127.12 million and basic EPS of Tk. 2.01 for the same period of the previous year. It is to be noted that the said EPS has been calculated based on weighted average Pre-IPO paid-up number of shares i.e. 63,390,000 shares for 2013 and 2012. However, considering Post-IPO 97,490,000 number of shares, Company's basic EPS would be Tk. 1.32 for 6 (Six) months ended on 31 Dec 2013 (July 2013 to Dec 2013) and NAV would be Tk. 37.50 as on 31 December 2013. (end)
The first part of this announcement is missing from the archive.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.