RAK Ceramics (Bangladesh) Limited announcements
303 Dhaka Stock Exchange announcements for RAK Ceramics (Bangladesh) Limited (RAKCERAMIC) since 2010: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (22).
- Refer to their earlier news disseminated by DSE on 10.08.2023 regarding maintenance of tiles production Line-1 from Aug
Refer to their earlier news disseminated by DSE on 10.08.2023 regarding maintenance of tiles production Line-1 from Aug 9, 2023, the company has further announced that the operation of Tiles Production Line -1 has been resumed. The company has also informed that out of four (4) production lines in Tiles Plant of the company, the machineries of tiles Production Line-2 will remain under maintenance and modification from November 26, 2023 for 02 months (approximately). (cont.)
- (Cont. news of RAKCERAMIC): During the maintenance period the other three production lines in Tiles Plant (Production Li
(Cont. news of RAKCERAMIC): During the maintenance period the other three production lines in Tiles Plant (Production Line-1, Production Line-3 and Production Line-4) will continue its production. (end)
The first part of this announcement is missing from the archive. - (Q3 Un-audited): Consolidated EPS was Tk. 0.29 for July-September 2023 as against Tk. 0.29 for July-September 2022; Cons
(Q3 Un-audited): Consolidated EPS was Tk. 0.29 for July-September 2023 as against Tk. 0.29 for July-September 2022; Consolidated EPS was Tk. 0.96 for January-September 2023 as against Tk. 1.29 for January-September 2022. Consolidated NOCFPS was Tk. (0.17) January-September 2023 as against Tk. (0.15) January-September 2022. Consolidated NAV per share was Tk. 17.80 as on September 30, 2023 and Tk. 17.57 as on September 30, 2022. (cont.)
- Q3 Financials
(Continuation news of RAKCERAMIC): Reasons for significant deviation in EPS: Gross profit margin has been reduced due to decrease of sales and increase of cost of goods sold (COGS). COGS has been increasing for non-availability of adequate gas, increase in gas price, electricity price, significant volatile of foreign currency market as well as disruption of global supply chain which caused increase of all input raw material price and shipping freight. Therefore, EPS has been decreased. (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 October 26, 2023 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- Tiles Production Line-1 Under 3-Month Maintenance from Aug 9, 2023
The company has informed that out of four (4) production lines in Tiles Plant of the company, the machineries of tiles Production Line-1 will remain under maintenance and modification from August 09, 2023 for 03 months (approximately). During the maintenance period, the other three production lines in Tiles Plant (Production Line-2, Production Line-3 and Production Line-4) will continue its production.
- (Q2 Un-audited): Consolidated EPS was Tk. 0.30 for April-June 2023 as against Tk. 0.44 for April-June 2022; Consolidated
(Q2 Un-audited): Consolidated EPS was Tk. 0.30 for April-June 2023 as against Tk. 0.44 for April-June 2022; Consolidated EPS was Tk. 0.67 for January-June 2023 as against Tk. 1.01 for January-June 2022. Consolidated NOCFPS was Tk. (0.08) for January-June 2023 as against Tk. 0.03 for January-June 2022. Consolidated NAV per share was Tk. 17.51 as on June 30, 2023 and Tk. 17.28 as on June 30, 2022. (cont.)
- Q2 Financials
(Continuation news of RAKCERAMIC): Reasons for deviation in EPS: Consolidated EPS has been decreased due to non-availability of adequate gas, increase in gas price, electricity price, volatility of foreign currency market and disruption of global supply chain. (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 18, 2023 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2022 to the respective shareholders.
- (Q1 Un-audited): Consolidated EPS was Tk. 0.37 for January-March 2023 as against Tk. 0.57 for January-March 2022. Consol
(Q1 Un-audited): Consolidated EPS was Tk. 0.37 for January-March 2023 as against Tk. 0.57 for January-March 2022. Consolidated NOCFPS was Tk. 1.93 for January-March 2023 as against Tk. 1.11 for January-March 2022. Consolidated NAV per share was Tk. 17.21 as on March 31, 2023 and Tk. 16.84 as on March 31, 2022. (cont.)
- Q1 Financials
(Continuation news of RAKCERAMIC): Reason for significant deviation in EPS: EPS has been decreased due to non-availability of adequate gas, increase in gas price, electricity price, significant volatile of foreign currency market, disruption of global supply chain caused increase of all input raw material price and shipping freight. (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 19, 2023 at 2:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the company as 'AA+' in the long term and 'ST-1' in the short term along with Stable outlook in consideration of its audited financials up to December 31, 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 19.02.2023 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 16.02.2023.
- 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 with cum benefit from 14.02.2023 to 15.02.2023 and trading of the shares will remain suspended on record date i.e., 16.02.2023.
- The Board of Directors has recommended 10\% cash dividend for the year ended December 31, 2022. Date of AGM: 30.03.2023,
The Board of Directors has recommended 10\% cash dividend for the year ended December 31, 2022. Date of AGM: 30.03.2023, Time: 11:00 AM, Venue: Digital Platform. Record date: 16.02.2023. The Company has also reported Consolidated EPS of Tk. 1.57, Consolidated NAV per share of Tk. 17.85 and Consolidated NOCFPS of Tk. 1.45 for the year ended December 31, 2022 as against Tk. 2.12, Tk. 17.53 and Tk. 1.36 respectively for the same period of the previous year. (cont.1)
- (Continuation news of RAKCERAMIC): The Company has informed that due to the revised and responsive business strategy tak
(Continuation news of RAKCERAMIC): The Company has informed that due to the revised and responsive business strategy taken by the management, sales are increased by 8.79\% from BDT. 6,851.14 MN to BDT. 7,453.47 MN, even though earning per share is decreased from BDT. 2.12 to 1.57 due to increase in gas price, significant volatile of foreign currency market, disruption of global supply chain (cont.2)
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 (26.01.2023) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- Dividend Declaration
(Continuation news of RAKCERAMIC): caused increase of all input raw material price and shipping freight. In addition, disruption of production due to inadequate pressure of supplied gas from mid of August 2022 and sometimes no gas resulting increase of production cost compare to previous year. Therefore, gross profit margin has reduced from 29.67% to 26.43% and sales volume is not achieved as expected in the year 2022 due to the shortage of production. (end)
The first part of this announcement is missing from the archive. - 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 January 25, 2023 at 2:30 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.