Rahim Textile Mills PLC. announcements
284 Dhaka Stock Exchange announcements for Rahim Textile Mills PLC. (RAHIMTEXT) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (21).
- Credit Rating Information and Services Limited (CRISL) has rated the Company as \"AA-\" in the long term and \"ST-3\" in
Credit Rating Information and Services Limited (CRISL) has rated the Company as \"AA-\" in the long term and \"ST-3\" in the short term along with a Stable outlook in consideration of its audited financials up to June 30, 2022; un-audited financials up to September 30, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after record date
Trading of the shares of the Company will resume on 15.11.2022 after record date.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 14.11.2022
- RAHIMTEXT : Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 10.11.2022 to 13.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 14.11.2022.
- (Q1 Un-audited): EPS was Tk. (2.01) for July-September 2022 as against Tk. 0.53 for July-September 2021; NOCFPS was Tk.
(Q1 Un-audited): EPS was Tk. (2.01) for July-September 2022 as against Tk. 0.53 for July-September 2021; NOCFPS was Tk. (6.49) for July-September 2022 as against Tk. 1.01 for July-September 2021. NAV per share was Tk. 35.97 as on September 30, 2022 and Tk. 37.97 as on June 30, 2022. (cont.)
- Q1 Financials
(Continuation news of RAHIMTEXT): Reasons for deviation in EPS, NAVPS and NOCFPS: EPS has significantly decreased due to increase in cost of goods sold for raising the raw material price & unavailability of gas supply. NOCFPS has decreased due to regular payment for materials, creditors, financial expenses and payment of income tax. NAV per share has decreased due to decrease in retained earnings. (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 07, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- The auditor of the Rahim Textile Mills Ltd. has given the \"Emphasis of Matter\" paragraphs in the auditor\'s report for
The auditor of the Rahim Textile Mills Ltd. has given the \"Emphasis of Matter\" paragraphs in the auditor\'s report for the year ended June 30, 2022. Emphasis of Matter: The company maintains an employee\'s provident fund for which a separate audited financial statement is also maintained. However, due to changes in the policy of fund, the Board of Trustees unanimously decided to operate the fund until 31st March 2022 and subsequently the activities of the Fund shall be suspended (cont.1)
- (Continuation news of RAHIMTEXT): beginning from April 1st 2022. Meanwhile the accumulated contributions shall be distri
(Continuation news of RAHIMTEXT): beginning from April 1st 2022. Meanwhile the accumulated contributions shall be distributed among the workers and employees and following the annual audit due to be conducted later in the year the fund will be re-established as per the new group policy. The company has not formulated any policy for depreciation of their non-current assets under cost and revaluation models. Therefore, in the absence of a policy the entity shall abide by the requirement under IAS 16 (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of RAHIMTEXT): which states that \"depreciation begins when the asset is available for use and contin
(Continuation news of RAHIMTEXT): which states that \"depreciation begins when the asset is available for use and continues until the asset is derecognized, even if it is idle\". However, depreciation on additions are charged for the whole years regardless of the acquisition date which is interdicts the aforesaid requirements stated above. (end)
The first part of this announcement is missing from the archive. - The Board of Directors has recommended 10\% cash dividend for the year ended June 30, 2022. Date of AGM: 27.12.2022, Tim
The Board of Directors has recommended 10\% cash dividend for the year ended June 30, 2022. Date of AGM: 27.12.2022, Time: 10:00 AM, Venue: Digital Platform. Record Date: 14.11.2022. The Company has also reported EPS of Tk. 1.58, NAV per share of Tk. 37.97 and NOCFPS of Tk. 0.09 for the year ended June 30, 2022 as against Tk. 2.25, Tk. 37.99 and Tk. 0.28 respectively for the same period of the previous year. The Company has also informed the reasons for (cont.)
- Dividend Declaration
(Continuation news of RAHIMTEXT): significant deviation in EPS, NAV and NOCFPS are as follows: EPS has decreased due to decrease in GP margin for raising cost of raw materials, increase in gas & electricity charges, loss on non-operating segments for dollar exchange rate and increase of income tax due to prior year adjustments. NAV has decreased due to decrease revaluation reserve & surplus. NOCFPS has decreased due to regular payment to suppliers and delay collection against receivable. (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 (23.10.2022) 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 22, 2022 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- (Q3 Un-audited): EPS was Tk. 0.22 for January-March 2022 as against Tk. 0.49 for January-March 2021; EPS was Tk. 1.68 fo
(Q3 Un-audited): EPS was Tk. 0.22 for January-March 2022 as against Tk. 0.49 for January-March 2021; EPS was Tk. 1.68 for July 2021-March 2022 as against Tk. 1.84 for July 2020-March 2021. NOCFPS was Tk. 0.30 for July 2021-March 2022 as against Tk. 0.88 for July 2020-March 2021. NAV per share was Tk. 38.08 as on March 31, 2022 and Tk. 37.99 as on June 30, 2021. (Cont.)
- Q3 Financials
(Cont. of RAHIMTEXT): Reason for deviation in EPS, NAV and NOCFPS: EPS decreased due to raise in imported price of raw materials and prior year tax adjustment along with effect of current tax expenses. NAV increased due to increase in retained earnings. NOCFPS decreased due to increase of payment for raw materials and others. (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 April 26, 2022 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.94 for October-December 2021 as against Tk. 0.54 for October-December 2020; EPS was Tk. 1.46 for July-December 2021 as against Tk. 1.35 for July-December 2020. NOCFPS was Tk. 1.98 for July-December 2021 as against Tk. 1.99 for July-December 2020. NAV per share was Tk. 39.46 as on December 31, 2021 and Tk. 37.99 as on June 30, 2021.
- Credit Rating Information and Services Limited (CRISL) has rated the Company as \"A+\" in the long term and \"ST-3\" in
Credit Rating Information and Services Limited (CRISL) has rated the Company as \"A+\" in the long term and \"ST-3\" in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2021; un-audited financials up to December 31, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
- 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 January 27, 2022 at 3:45 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.