National Feed Mill Limited announcements
188 Dhaka Stock Exchange announcements for National Feed Mill Limited (NFML) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (22).
- Category Change
The Company has been placed in 'B' category from existing 'A' category with effect from December 29, 2021 as the Company has approved 1% stock dividend for the year ended on June 30, 2021. Such stock dividend shall be issued subject to approval of the BSEC.
- Resumption after record date
Trading of the shares of the Company will resume on 21.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- (Q1 Un-audited): EPS was Tk. 0.03 for July-September 2021 as against Tk. 0.25 for July-September 2020; NOCFPS was Tk. 0.
(Q1 Un-audited): EPS was Tk. 0.03 for July-September 2021 as against Tk. 0.25 for July-September 2020; NOCFPS was Tk. 0.08 for July-September 2021 as against Tk. 0.02 for July-September 2020. NAV per share was Tk. 11.91 as on September 30, 2021 and Tk. 11.87 as on June 30, 2021. Reason for Significant deviation in EPS and NOCFPS: The EPS for the period has been decreased significantly against the prior period as Company\'s revenue growth declined significantly during the 1st Quarter (cont. 1)
- (Continuation news of NFML): ended on 30 September 2021. The adaptation of management\'s new sales strategy of focusing
(Continuation news of NFML): ended on 30 September 2021. The adaptation of management\'s new sales strategy of focusing on cash sales and strictly monitoring the credit sales resulted declining revenue growth during the period. Moreover, the substantial increase in the price of maize and all other raw materials, increase in factory overhead cost, selling and marketing expenses and finance expenses have also expedited the negative run of EPS growth of the Company significantly. (cont. 2)
The first part of this announcement is missing from the archive. - Q1 Financials
(Continuation news of NFML): NOCFPS increased due to collection against sales was higher than the payment to supplier and realization of advance, deposit and prepayments. As a result, NOCFPS was positive in comparing with the previous period. (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 transactions will also be settled as per Spot settlement cycle from 16.11.2021 to 17.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- The auditor of the National Feed Mill Limited has given the \"Emphasis of matter\" paragraphs in the Auditor\'s Report f
The auditor of the National Feed Mill Limited has given the \"Emphasis of matter\" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Emphasis of matter: 1. We draw attention in the notes # 8 of the financial statements as the company has written off Tk. 95,627,134 against receivable amount according to IFRS-9 Para-5.5.1 & 5.5.9. (cont.1)
- (Continuation news of NFML): 2. In the notes # 9.01 Advance, Deposit & Prepayment includes Tk. 49,072,514 out of which T
(Continuation news of NFML): 2. In the notes # 9.01 Advance, Deposit & Prepayment includes Tk. 49,072,514 out of which Tk. 5,120,299 relates to Karnopur Agro Industries Ltd. and Tk. 43,952,215 to National Hatchery Ltd. which is given as advance without business consideration. 3. The Bangladesh Labor (amended) act 2013 requires the company to contribute 5\% of its net profit to WPPF. The management has ascertained the amount and made necessary provision but not made (cont.2)
The first part of this announcement is missing from the archive. - Emphasis of matter
(Continuation news of NFML): any payment which is apparent as noncompliance of the said act. The company shall pay to the Participation fund, the welfare fund and fund established under section 14 of Bangladesh Workers Welfare Foundation Act, 2006, not later than six months from the close of that year, five percent (5%) of its net profits during such year, the proportion of the Payment to above mentioned funds shall be 80:10:10 respectively. (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 November 14, 2021 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- (Continuation news of NFML): It resulted a significant deviation between the EPS up to 3rd quarter and final quarter. NO
(Continuation news of NFML): It resulted a significant deviation between the EPS up to 3rd quarter and final quarter. NOCFPS: NOCFPS has also been increased as the collection against Sales was higher than the payment to supplier and lower investment in Working Capital and realization of Advance, deposit and Pre-payments. As a result, NOCFPS was positive in comparing with the prior year. (cont. 5)
The first part of this announcement is missing from the archive. - (Continuation news of NFML): NAVPS: Net Asset Value Per Share: NAV per Share has also been decreased by 6.95% due to wri
(Continuation news of NFML): NAVPS: Net Asset Value Per Share: NAV per Share has also been decreased by 6.95% due to write off irrecoverable account receivable of BDT 95,627,134 during the 4th quarter for the purpose of fair representation of financial statements. Disclosure in regards to Recommendation of Bonus Share: i) The Stock Dividend is subject to approval of shareholders in the 21th AGM and subject to approval of the BSEC and (cont. 6)
The first part of this announcement is missing from the archive. - (Continuation news of NFML): Complying with the requirements embodied in relevant laws and Regulatory Authorities Concer
(Continuation news of NFML): Complying with the requirements embodied in relevant laws and Regulatory Authorities Concerned. ii) The bonus dividend has been recommended to utilize its retained amount as capital for the existing BMRE (Balancing, Modernization, Rehabilitation and Expansion) project of ongoing new storage facility building/expansion. (cont. 7)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of NFML): iii) Bonus shares are declared out of accumulated profit. iv) Bonus share have not been declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (end)
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 (31.10.2021) following its corporate declaration.
- 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 28, 2021 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- 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 May 27, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.33 for October-December 2020 as against Tk. 0.09 for October-December 2019; EPS was Tk. 0.59 for July-December 2020 as against Tk. 0.21 for July-December 2019. NOCFPS was Tk. 0.17 for July-December 2020 as against Tk. 0.11 for July-December 2019. NAV per share was Tk. 13.35 as on December 31, 2020 and Tk. 12.76 as on June 30, 2020.
- 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 February 7, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.
- Category Change
The Company will be placed in 'A' category from existing 'B' category with effect from January 24, 2021 as the Company has reported disbursement of 2% cash (without Sponsor) and 8% stock dividend for all shareholders for the year ended on June 30, 2020.
- Prohibition on providing loan facilities to purchase securities
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of National Feed Mill Limited in between 1st to 30th trading day after change of categorization, with effect from January 24, 2021 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.