Peoples Insurance PLC announcements
546 Dhaka Stock Exchange announcements for Peoples Insurance PLC (PEOPLESINS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (24).
- (Q3 Un-audited): EPS was Tk. 0.66 for July-September 2022 as against Tk. 0.89 for July-September 2021; EPS was Tk. 1.78
(Q3 Un-audited): EPS was Tk. 0.66 for July-September 2022 as against Tk. 0.89 for July-September 2021; EPS was Tk. 1.78 for January-September 2022 as against Tk. 2.03 for January-September 2021. NOCFPS was Tk. 1.94 for January-September 2022 as against Tk. 2.39 for January-September 2021. NAV per share was Tk. 30.61 as on September 30, 2022 and Tk. 29.53 as on September 30, 2021. (Cont.1)
- (Continuation news of PEOPLESINS): Reasons for deviation in EPS and NOCFPS: Earning Per Share (EPS) has been decreased d
(Continuation news of PEOPLESINS): Reasons for deviation in EPS and NOCFPS: Earning Per Share (EPS) has been decreased due to fact that Agency Commission and Management Expenses during the current quarter are more than that of corresponding period of previous year same quarter. (Cont.2)
The first part of this announcement is missing from the archive. - Q3 Financials
(Continuation news of PEOPLESINS): Net Operating Cash Flows Per Share (NOCFPS) has been decreased due to fact that Agency Commission and Management Expenses during the current quarter are more than that of corresponding period of previous year same quarter. (end)
The first part of this announcement is missing from the archive. - Credit Rating Information and Services Limited (CRISL) has announced the CPA (Claim Paying Ability) Rating of the Compan
Credit Rating Information and Services Limited (CRISL) has announced the CPA (Claim Paying Ability) Rating of the Company as \"AA\" along with a Stable outlook in consideration of its audited financials up to December 31, 2021; unaudited financials up to June 30, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- 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 October 25, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.
- (Q2 Un-audited): EPS was Tk. 0.54 for April-June 2022 as against Tk. 0.60 for April-June 2021; EPS was Tk. 1.12 for Janu
(Q2 Un-audited): EPS was Tk. 0.54 for April-June 2022 as against Tk. 0.60 for April-June 2021; EPS was Tk. 1.12 for January-June 2022 as against Tk. 1.14 for January-June 2021. NOCFPS was Tk. 1.31 for January-June 2022 as against Tk. 1.78 for January-June 2021. NAV per share was Tk. 31.20 as on June 30, 2022 and Tk. 29.74 as on June 30, 2021. (cont.)
- Q2 Financials
(Continuation news of PEOPLESINS): The Company has also informed that EPS and NOCFPS have been decreased due to fact that Agency Commission and Management Expenses during the current quarter are more than that of corresponding period of previous year same quarter. (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 July 27, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.
- Resumption after record date
Trading of the shares of the Company will resume on 26.05.2022 after record date.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e. 25.05.2022.
- 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 23.05.2022 to 24.05.2022. Trading of the shares of the Company will remain suspended on record date i.e., 25.05.2022.
- The auditor of the Peoples Insurance Company Ltd. has given the \"Emphasis of matter\" paragraphs on the audited financi
The auditor of the Peoples Insurance Company Ltd. has given the \"Emphasis of matter\" paragraphs on the audited financial statements for the year ended December 31, 2021. Emphasis of Matter: 1. We draw attention to Note 11 of the financial statements, which describes matters related to implementation of investment policy for non-life insurance companies as issued by the IDRA. Our opinion is not modified in respect of this matter. (cont.1)
- (Continuation news of PEOPLESINS): 2. We draw attention to Note 2.02.12(iii) which states that the Company did not set a
(Continuation news of PEOPLESINS): 2. We draw attention to Note 2.02.12(iii) which states that the Company did not set aside any profits as contribution related to Worker\'s Profit Participation Fund for the current year due to the on-going discussions between the IDRA and related Government Ministries. Our opinion is not modified in this matter. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of PEOPLESINS): Note No 11.00 Investment at Cost: Balance of Investment at Cost as at 31 December 202
(Continuation news of PEOPLESINS): Note No 11.00 Investment at Cost: Balance of Investment at Cost as at 31 December 2021 and as at 31 December 2020 was BDT 94,693,813 and was BDT 83,570,537 respectively. The Company is currently working towards updating their Investment Policy and restructuring their investments to bring them in line with SRO No. 353-law/2019 dated 14 November 2019 issued by the IDRA. (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of PEOPLESINS): Note No 2.02.12 (iii) WPPF: Section 234 of chapter 15 of Labor Law 2006 (as amended i
(Continuation news of PEOPLESINS): Note No 2.02.12 (iii) WPPF: Section 234 of chapter 15 of Labor Law 2006 (as amended in 2013) requires every company to establish a workers Participation Fund and Welfare Fund. However, Bangladesh Financial Institutions Division (BFID), on behalf of the financial institution sector, requested clarification from the Labor Ministry regarding the applicability of the provisions for the sector. (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of PEOPLESINS): Similarly, Bangladesh Insurance Association has corresponded with Finance Ministry th
(Continuation news of PEOPLESINS): Similarly, Bangladesh Insurance Association has corresponded with Finance Ministry through IDRA on this matter requesting for exemption for Insurance Companies. In addition to the Bangladesh Insurance Association, the IDRA themselves have communicated to the Ministry of Finance through a letter issued on 2 June 2021 (#53.03.0000.075.22.29.2021.30) requesting the ministry to consider Insurance Companies as similar to financial institutions (cont.5)
The first part of this announcement is missing from the archive. - Emphasis of matter
(Continuation news of PEOPLESINS): and provide exemption from payment related to Worker's Profit Participation Fund. In light of the on-going discussions between regulators, government ministries and existing industry practices, the Company did not make any provisions for WPPF and no funds were set aside as contribution. The Company is closely monitoring the current situation and if there are any further clarification regarding this matter, the Company will act accordingly. (end)
The first part of this announcement is missing from the archive. - (Q1 Un-audited): EPS was Tk. 0.58 for January-March 2022 as against Tk. 0.54 for January-March 2021. NOCFPS was Tk. 1.23
(Q1 Un-audited): EPS was Tk. 0.58 for January-March 2022 as against Tk. 0.54 for January-March 2021. NOCFPS was Tk. 1.23 for January-March 2022 as against Tk. 0.85 for January-March 2021. NAV per share was Tk. 30.66 as on March 31, 2022 and Tk. 29.14 as on March 31, 2021. Reason for Significant deviation in EPS and NOCFPS: EPS has been increased due to fact that Claim Payment Expenses during the current quarter are less than that of corresponding period of previous year same quarter. (cont.)
- Q1 Financials
(Continuation news of PEOPLESINS): NOCFPS has been increased due to fact that Claim Payment Expenses during the quarter arc less than that of corresponding period of previous year same quarter and at the same time Other Receivable are more than that of corresponding period of previous year same quarter. (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 (20.04.2022) following its corporate declaration.
- Dividend Declaration
The Board of Directors has recommended 12.50% cash dividend for the year ended December 31, 2021. Date of AGM: 28.06.2022, Time: 11:30 AM. Venue: Digital Platform. Record date: 25.05.2022. The Company has also reported EPS of Tk. 2.58, NAV per share of Tk. 30.08 and NOCFPS of Tk. 4.66 for the year ended December 31, 2021 as against Tk. 2.26, Tk. 28.60 and Tk. 4.43 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 April 19, 2022 at 2:10 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 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 April 19, 2022 at 2:10 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.