Prime Textile Spinning Mills Limited announcements
260 Dhaka Stock Exchange announcements for Prime Textile Spinning Mills Limited (PRIMETEX) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (13).
- Qualified Opinion
(Qualified Opinion): The auditor of the company has given the following qualified opinion in the audit report of the company for the year ended on 30 June 2015: Basis of qualified opinion: 1. Reference to note # 04: In absence of updated fixed asset registers with required details therein made available to us, we could not verify the property, plant and equipment including additions during the year with reference to their specifications, code, location, quantity and value with the relevant registers. 02. Reference to note # 04 & 12: The company charged depreciation of Tk. 57,394,515.00 on the revalued property, plant and equipment in the Statement of Changes in Equity as per consistent practice since the date of recognition of revaluated assets, which amounts to non - compliance of BAS - 16. 03. Reference to note # 05: The company has a subsidiary, namely Prime Trans-National Limited, of which 58.50% of paid - up capital was held by the Prime Textile Spinning Mills Limited to rank the company as holding company. It did not prepare consolidated financial statements as per BAS - 27 Consolidated and Separate Financial Statements.
- Resumption News after Record date
Normal trading of the shares of the Company will resume on 22.11.2015 after record date.
- Suspension News for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 19.11.2015.
- 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 17.11.2015 to 18.11.2015. Trading of the shares of the Company will remain suspended on record date i.e., 19.11.2015.
- Q1 Financials
(Q1 Un-audited): EPS for July-September, 2015 was Tk. 0.22 as against Tk. 0.26 for July-September, 2014; NOCFPS was Tk. 0.41 for July-September, 2015 as against Tk. 0.10 for July-September, 2014. NAV per share was Tk. 55.08 as of September 30, 2015 and Tk. 56.31 as of September 30, 2014.
- Board Meeting
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, 2015 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, 2015.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2015. Date of AGM: 26.12.2015, Time: 11:00 AM, Venue: Mill Premises, Nandalalpur Road, Pagla, Narayanganj. Record Date: 19.11.2015. The Company has also reported EPS of Tk. 1.08, NAV per share of Tk. 54.80 and NOCFPS of Tk. 3.49 for the year ended on June 30, 2015 as against Tk. 1.17, Tk. 56.56 and Tk. (7.60) respectively for the year ended on June 30, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (01.11.2015) 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 29, 2015 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2015.
- Credit Rating Result
National Credit Ratings Limited (NCR) has announced the surveillance rating of the Company as 'A+' in the long term based on audited financial statements of the company as on June 30, 2014.
- Q3
Net Profit after tax from Jan15 to March15 was Tk. 9.28 million with EPS of Tk. 0.24 as against Tk. 10.95 million and Tk. 0.29 respectively for the same period of the previous year. Whereas Net Profit after tax from July14 to March15 was Tk. 28.24 million with EPS of Tk. 0.74 as against Tk. 32.38 million and Tk. 0.85 respectively for the same period of the previous year.
- Half Yearly Financials
(H/Y Un-audited): Net profit after tax from July14 to Dec14 was Tk. 18.97 million with EPS of Tk. 0.50 as against Tk. 21.43 million and Tk. 0.56 respectively for the same period of the previous year. Whereas net profit after tax from Oct14 to Dec14 was Tk. 8.98 million with EPS of Tk. 0.24 as against Tk. 11.06 million and Tk. 0.29 respectively for the same period of the previous year.
- dividend warrants
The Company has requested the concerned shareholders to collect their dividend warrants for the year ended on June 30, 2014 from January 26-29, 2015 between 10:00 AM to 4:30 PM from the Share Department of the Company at Sena Kalyan Bhaban (8th Floor), 195 Motijheel C/A, Dhaka-1000.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.