Olympic Industries PLC. announcements
332 Dhaka Stock Exchange announcements for Olympic Industries PLC. (OLYMPIC) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (14).
- Decision on development works and extension of operations (add. inf.)
(OLYMPIC Cont.): At full capacity utilization, which we anticipate will take 3 to 4 years, Cup Cake Line will generate approximately Tk. 76.02 crore of annual turnover. On the basis of existing average net profit rate of 11.30%, as per June 30, 2021 audited financial statements, at full capacity utilization, it is estimated that this line will generate approximately Tk. 8.59 crore of annual net profit. (end)
- Decision on development works and extension of operations
(Continuation news of OLYMPIC): 3) Enhancement of production capacity of Corrugated Carton Unit at Kutubpur from 6-6.50 million Cartons to approx. 8.00 million Cartons per month by importing one set each of Bailing Press, High Speed Printer Slotter and Fork Lift from China. The estimated investment requirement for these works will be total Tk. 1,66,50,000.00 which will be met based on time of requirement. (cont. 3)
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 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 Financials
(Q1 Un-audited): EPS was Tk. 2.06 for July-September, 2021 as against Tk. 2.85 for July-September, 2020. NOCFPS was Tk. 2.13 for July-September, 2021 as against Tk. 2.95 for July-September, 2020. NAV per share was Tk. 48.27 as on September 30, 2021 and Tk. 44.07 as on September 30, 2020.
- 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 with cum benefit 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.
- 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 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- 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.
- Dividend Declaration
The Board of Directors has recommended 54% cash dividend for the year ended on June 30, 2021. Date of AGM: 26.12.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 18.11.2021. The Company has also reported EPS of Tk. 10.19, NAV per share of Tk. 46.21 and NOCFPS of Tk. 9.93 for the year ended on June 30, 2021 as against Tk. 10.13, Tk. 41.22 and Tk. 9.29 respectively for the same period of the previous year.
- 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 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Transmission of Deceased Director's shares to his nominee
The Company has informed that Mrs. Safinaz Bhai, one of the Directors of the Company passed away on 05.01.2020. Her present holding is 40,00,047 shares. From these shares 14,75,977 shares will be transmitted to the account of her sons namely Ahad Mohammd Bhai (5,16,592 shares), Omar Mohammd Bhai (5,16,592 shares) and daughter Leia Bhai (4,42,793 shares), by way of nomination.
- 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 29, 2021 at 2:30 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. 2.52 for October-December 2020 as against Tk. 2.47 for October-December 2019; EPS was Tk. 5.37 for July-December 2020 as against Tk. 5.26 for July-December 2019. NOCFPS was Tk. 5.37 for July-December 2020 as against Tk. 5.36 for July-December 2019. NAV per share was Tk. 41.39 as on December 31, 2020 and Tk. 36.35 as on December 31, 2019.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 to the respective shareholders' Bank Accounts through BEFTN system. Dividend Warrant have also been dispatched to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.