Meghna Petroleum Limited announcements
325 Dhaka Stock Exchange announcements for Meghna Petroleum Limited (MPETROLEUM) since 2008: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (23).
- Resumption after Record Date
Trading of the shares of the company will resume on 17.12.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 15.12.2024.
- 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 11.12.2024 to 12.12.2024 and trading of the shares will remain suspended on record date i.e., 15.12.2024.
- Qualified Opinion and Emphasis of Matters
The auditor of the company has given the "Qualified Opinion" and "Emphasis of matters" paragraphs in the Auditor's Report of the company for the year ended June 30, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/November/MPERTOLEUM_2024.pdf
- Dividend Declaration
The Board of Directors has recommended 170% Cash Dividend for the year ended June 30, 2024. Date of AGM: 01.02.2025, Time: 11:00 AM, Venue: Digital Platform. Record Date: 15.12.2024. The Company has also reported EPS of Tk. 50.11, NAV per share of Tk. 234.12 and NOCFPS of Tk. (46.17) for the year ended June 30, 2024 as against Tk. 40.86, Tk. 200.01 and Tk. 100.07 respectively for the year ended June 30, 2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (12.11.2024) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 12.73 for July-September 2024 as against Tk. 8.42 for July-September 2023; NOCFPS was Tk. 65.41 for July-September 2024 as against Tk. (68.91) for July-September 2023. NAV per share was Tk. 246.85 as on September 30, 2024 and Tk. 234.12 as on June 30, 2024. (cont.) (Cont. news of MPETROLEUM): Reasons for deviation: EPS has been increased due to increase in sales margin and other operating income. NOCFPS has been increased due to increase in value of product price and less payment made to suppliers, employees and others. (end)
- 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 11, 2024 at 6:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Nomination of New Chairman
The company has informed that Ms. Farjana Mamtaz, Secretary, Power Division has been nominated as new Chairman of the company.
- 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 November 11, 2024 at 6:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Contract between the company and United Lube Oil Ltd.
The company has informed that as per the decision of the 739th meeting of the Board of Directors of the company held on June 12, 2024, in order to expand business for marketing specialized lubricants of 'Petronas' brand in Bangladesh, the contract execution process between United Lube Oil Limited, SW (1), 10 Gulshan Avenue, Gulshan-1, Dhaka 1212 and Meghna Petroleum Limited has been completed on August 11, 2024. By marketing the product, the company will earn an estimated profit of Tk. 1.50 crore annually.
- (Q3 Un-audited): EPS was Tk. 9.74 for January-March 2024 as against Tk. 7.91 for January-March 2023; EPS was Tk. 27.22 f
(Q3 Un-audited): EPS was Tk. 9.74 for January-March 2024 as against Tk. 7.91 for January-March 2023; EPS was Tk. 27.22 for July 2023-March 2024 as against Tk. 24.95 for July 2022-March 2023. NOCFPS was Tk. (14.35) for July 2023-March 2024 as against Tk. 137.14 for July 2022-March 2023. NAV per share was Tk. 211.23 as on March 31, 2024 and Tk. 200.01 as on June 30, 2023. (cont.)
- Q3 Financials
(Continuation News of MPETROLEUM): NOCFPS has been decreased by 110.46% from previous period due to decrease in sales and increase in payment made to suppliers, employees and others by Taka 17,035,011,672, which result significant decrease of Operating Cash Flows by Taka 16,394,038,034 from previous period. (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 30, 2024 at 03:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- The company has informed that as an oil marketing company the margin of Meghna Petroleum Limited has increased as under
The company has informed that as an oil marketing company the margin of Meghna Petroleum Limited has increased as under effective from 8th March 2024, as per Bangladesh Gazette notification no. 28.00.0000.026.35.001.23.22, dated: 07-03-2024 published by Energy & Mineral Resources Division, Ministry of Power, Energy & Mineral Resources: (cont.)
- Regarding margin on sales
(Continuation news of MPETROLEUM): Margin of Oil Marketing Companies (Per Ltr.) of Diesel, Kerosene, Octane and Petrol respectively- Margin with effect from 08-03-2024: 0.80, 0.80, 0.90 and 0.90 respectively. Margin Up to 07-03-2024: 0.50, 0.50, 0.60 and 0.60 respectively. In the financial year 2023-2024 (from 08-03-2024 to 30-06-2024) the income of the company against these products may be increased taka 19.00 (Nineteen) Crore approximately. (end)
The first part of this announcement is missing from the archive. - (Q2 Un-audited): EPS was Tk. 9.06 for October-December 2023 as against Tk. 8.34 for October-December 2022; EPS was Tk. 1
(Q2 Un-audited): EPS was Tk. 9.06 for October-December 2023 as against Tk. 8.34 for October-December 2022; EPS was Tk. 17.48 for July-December 2023 as against Tk. 17.04 for July-December 2022. NOCFPS was Tk. (60.27) for July-December 2023 as against Tk. 91.75 for July-December 2022. NAV per share was Tk. 217.48 as on December 31, 2023 and Tk. 200.01 as on June 30, 2023. (cont.)
- Q2 Financials
(Continuation news of MPETROLEUM): Reasons for deviation in EPS and NOCFPS: Despite the decrease in sales quantity as well as the gross earnings the EPS has been increased mainly due to increase in non-operating income. NOCFPS has been decreased significantly from previous half yearly due to increase in payment made to suppliers, employees and others which result significant decrease of Operating cash flows from previous period. (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 28, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
- Resumption after Record Date
Trading of the shares of the company will resume on 08.01.2024.
- Suspension for Record
Trading of the shares of the company will remain suspended on record date i.e., 04.01.2024.
- 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 cum benefit from 02.01.2024 to 03.01.2024 and trading of the shares will remain suspended on record date i.e., 04.01.2024 for EGM.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.