Northern Jute Manufacturing Company Limited announcements
330 Dhaka Stock Exchange announcements for Northern Jute Manufacturing Company Limited (NORTHERN) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (19).
- has credited the bonus shares
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2014 to the respective shareholders BO Account.<br>
- New Chairman
The Company has informed that the Board of Directors of the Company has elected Mr. Uzzal Kumar Nandi as the Chairman of the Company.
- Trade Resume
Normal trading of the shares of the Company will resume on 20.11.2014 after record date. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- Trade Suspended
Trading of the shares of the Company will remain suspended on record date i.e., 19.11.2014. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- 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/(loss) after tax of Tk. 0.45 million with basic EPS of Tk. 0.27 as against Tk. (4.35) million and Tk. (2.56) respectively for the same period of the previous year. However, considering proposed bonus share @ 5% for the year 2014, restated basic EPS will be Tk. 0.25 as on 30.09.2014 and Tk. (2.44) as on 30.09.2013. Accumulated profit/(loss) of the Company was Tk. (83.87) million as on 30.09.2014. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- Company News
Malek Siddiqui Wali, the auditor of the company has given the following 'Emphasis of Matter' paragraph in the audited financial statements prepared for the year ended on 30 June 2014. Emphasis of Matter: Without qualifying our opinion, we draw attention to Note No. 20 (Revenue) to the financial statements. Company resumed export jute/twine from November 2013. In order to meet the immediate cash requires to pay-off the loan liability, the company had to generate immediate cash by selling the product locally amounting BDT. 72,600,216.00 out of which BDT. 50,020,166 was received through banking channel and rest was received cash. However, company preserve money receipt for cash sales.
- recommended 5% cash and 5% Stock Dividend
The Board of Directors has recommended 5% cash dividend and 5% Stock Dividend for the year ended on June 30, 2014. Date of AGM: 14.12.2014, Time: 12:30 PM, Venue: Factory Premises of the Company at BSCIC Industrial Estate, Kumargara, Jagati, Kushtia. Record Date: 19.11.2014. The Company has also reported EPS of Tk. 1.69, NAV per share of Tk. 77.60 and NOCFPS of Tk. (0.14) for the year ended on June 30, 2014 as against Tk. (9.98), Tk. (18.22) and Tk. (22.81) respectively for the year ended on June 30, 2013.
- no price limit
There will be no price limit on the trading of the shares of the Company today (29.10.2014) 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 October 28, 2014 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014.
- new MD
The Company has informed that Mr. Ananga Mohan Roy has been appointed as the Managing Director of the Company.
- approved revaluation of Factory land
The Company has informed that the Board of Directors of the Company has approved revaluation of Factory land at BSCIC Industrial Estate, Kumargara, Kushtia amounting Tk. 20,30,53,500.00 only as of 30th June 2014 revalued by AHMED & AKHTAR, Chartered Accountants. Book value of the Project Land as on 30.06.2014 was Tk. 4,28,76,240.00 only.
- Registered Office shifted
The Company has informed that the Registered Office of the Company will be shifted to Navana DH Tower, Plot-06, Panthapath, Tejgaon Dhaka-1215 with effect from 14th July 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/(loss) after tax of Tk. 3.73 million with EPS of Tk. 2.19 as against Tk. (3.98) million and Tk. (2.34) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. (14.12) million with EPS of Tk. (8.31) for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. (12.25) million and Tk. (7.21) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (120.91) million as on 31.03.2014 resulting total shareholders' equity stands at Tk. (45.14) million.
- DSE formed an enquiry team
The management of DSE has formed an enquiry team to investigate the unusual price movement of shares of Northern Jute Manufacturing Co. Ltd. during the period from March 23, 2014 to March 31, 2014.
- DSE NEWS: The management of DSE has formed an enquiry team to investigate the unusual price movement of shares of Northe
DSE NEWS: The management of DSE has formed an enquiry team to investigate the unusual price movement of shares of Northern Jute Manufacturing Co. Ltd. during the period from March 23, 2014 to March 31, 2014.
- mill closed
In response to a DSE query, the Company has informed the following: "the mill was closed with effect from 1st of November 2013 for rehabilitation and overhauling of the machinery to produce quality yarn for export. By now a few machinery have been overhauled and put into trial operation very recently. As such there is no undisclosed information regarding the operation and profitability of the Company which might have impact on the trade of shares".
- In response to a DSE query, the Company has informed the following: "the mill was closed with effect from 1st of Novembe
In response to a DSE query, the Company has informed the following: "the mill was closed with effect from 1st of November 2013 for rehabilitation and overhauling of the machinery to produce quality yarn for export. By now a few machinery have been overhauled and put into trial operation very recently. As such there is no undisclosed information regarding the operation and profitability of the Company which might have impact on the trade of shares".
- H/Y Earnings
As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit/(loss) after tax of Tk. (19.99) million with EPS of Tk. (11.76) as against Tk. (11.35) million and Tk. (6.68) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. (15.66) million with EPS of Tk. (9.21) for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. (5.96) million and Tk. (3.51) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (127.02) million as on 31.12.2013 resulting total shareholders' equity stands at Tk. (50.97) million.
- (H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit/
(H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit/(loss) after tax of Tk. (19.99) million with EPS of Tk. (11.76) as against Tk. (11.35) million and Tk. (6.68) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. (15.66) million with EPS of Tk. (9.21) for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. (5.96) million and Tk. (3.51) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (127.02) million as on 31.12.2013 resulting total shareholders' equity stands at Tk. (50.97) million.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.