Runner Automobiles PLC announcements
124 Dhaka Stock Exchange announcements for Runner Automobiles PLC (RUNNERAUTO) since 2021: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (25).
- Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the entity rating of the Company as \"A1\" in the long te
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the entity rating of the Company as \"A1\" in the long term and \"ST-3\" in the short term along with Stable outlook based on audited financial statements (FYE June 30, 2020-2023) and other information up to the date of rating declaration.
- Resumption after Record date
Trading of the shares of the company will resume on 20.11.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 19.11.2023.
- (Q1 Un-audited): Consolidated EPS was Tk. (2.27) for July-September 2023 as against Tk. (0.81) for July-September 2022;
(Q1 Un-audited): Consolidated EPS was Tk. (2.27) for July-September 2023 as against Tk. (0.81) for July-September 2022; Consolidated NOCFPS was Tk. 8.38 for July-September 2023 as against Tk. 5.45 for July-September 2022. Consolidated NAV per share was Tk. 60.36 as on September 30, 2023 and Tk. 62.62 as on June 30, 2023. (cont.)
- Q1 Financials
(Continuation news of RUNNERAUTO): Reasons for deviation in EPS, NOCFPS and NAVPS: EPS has been decreased due to decline in revenue of the company caused by significant drop in the 2-wheeler business though 3-wheeler business has started to recover. NOCFPS has been increased due to the increased collection of 3-wheeler business. NAVPS has been decreased due to negative profitability. (end)
The first part of this announcement is missing from the archive. - 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 from 15.11.2023 to 16.11.2023 and trading of the shares will remain suspended on record date i.e., 19.11.2023.
- 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, 2023 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- The auditor of the company has given the \"Other matters\" paragraph in the Auditor\'s Report of the company for the yea
The auditor of the company has given the \"Other matters\" paragraph in the Auditor\'s Report of the company for the year ended June 30, 2023. \"Other matters: a. The consolidated financial statements of the Group for the year ended 30 June 2022 were audited by another auditor who expressed an unmodified opinion on 03 November 2022. b. Runner Automobiles PLC has revaluated its land as on 30 June 2023 (cont.1)
- (Continuation news of RUNNERAUTO): and reported in the financial statements where no revaluation has been done for the l
(Continuation news of RUNNERAUTO): and reported in the financial statements where no revaluation has been done for the land of Runner Motor Limited (Subsidiary of the company) as on the same date. c. Without modifying the auditor\'s opinion on the financial statements of Freedom Motors Limited, the auditor\'s drawn attention to the users of the financial statements that since 2013-2014, no revenue has been generated from the core (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of RUNNERAUTO): business operation of the Company. However, as per management assessment, the Freedom
(Continuation news of RUNNERAUTO): business operation of the Company. However, as per management assessment, the Freedom Motors Limited has adequate resources to continue its operation and no material uncertainty exists related to events or conditions which may cast significant doubt upon the Company\'s (Freedom Motors Limited) ability to continue as a going concern.\" (end)
The first part of this announcement is missing from the archive. - The Board of Directors has recommended No Dividend for the year ended June 30, 2023. Date of AGM: 21.12.2023, Time: 11:3
The Board of Directors has recommended No Dividend for the year ended June 30, 2023. Date of AGM: 21.12.2023, Time: 11:30 AM. Venue: Digital Platform. Record Date: 19.11.2023. The Company has also reported Consolidated EPS of Tk. (7.75), Consolidated NAV per share of Tk. 62.62 and Consolidated NOCFPS of Tk. 38.32 for the year ended June 30, 2023 as against Tk. 2.40, Tk. 66.50 and Tk. 9.72 respectively for the year ended June 30, 2022. (cont.)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company on today (19.10.2023) for following its corporate declaration. However, the floor price shall be applicable accordingly.
- Dividend Declaration
(Continuation news of RUNNERAUTO): Reasons for deviation in EPS, NOCFPS and NAVPS: Revenue of the company decreased due to decline in sales units for 2-wheeler, 3-wheeler, and commercial vehicle segments which finally led to negative EPS. NOCFPS has been increased through better mobilization of the network that increased cash sales and advance collection of sales. Negative growth of profitability drives the decline of NAVPS. (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 October 18, 2023 at 2:35 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Refer to their earlier news disseminated by DSE on 11.05.2023 regarding decision to issue of Unsecured, Redeemable, Non-
Refer to their earlier news disseminated by DSE on 11.05.2023 regarding decision to issue of Unsecured, Redeemable, Non-Convertible, Guaranteed, Sustainability Bond of TK. 2,67,50,00,000.00, the company has further informed that BSEC has given consent in this regard.
- The company has informed that the Board of directors has given consent to the proposal for raising fund through issuance
The company has informed that the Board of directors has given consent to the proposal for raising fund through issuance of \"Runner Auto Internationally Certified Sustainability Bond\" with the basic feature of Unsecured, Redeemable, Non-Convertible, Guaranteed, Sustainability Bond with the indicative issue size of USD 25.00 Million equivalent of BDT 265.00 Crore (Approx.) through private placement to the potential investors (cont.1)
- (Continuation news of RUNNERAUTO): (i.e., Banks, Insurance Companies, Financial Institutions, Corporate Houses, NRBS and
(Continuation news of RUNNERAUTO): (i.e., Banks, Insurance Companies, Financial Institutions, Corporate Houses, NRBS and HNI). The yield of issue will range from 8.5\% to 9\% per annum with up to 7-year maturity. The company has further informed that The proceeds from Bond issuance will be used to augment Runner\'s customer base through a credit support mechanism, which will enable wider range of customers (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of RUNNERAUTO): to acquire LPG/CNG/Electric 3-Wheeler (\"3W\"). It will also be used for the construc
(Continuation news of RUNNERAUTO): to acquire LPG/CNG/Electric 3-Wheeler (\"3W\"). It will also be used for the construction of 4MW rooftop solar plant for the 3W manufacturing facility. Green Delta Capital Limited is the Lead Arranger and Advisor to the Transaction issue and DBH Finance PLC is the Trustee of the issue. (end)
The first part of this announcement is missing from the archive. - (Q3 Un-audited): Consolidated EPS was Tk. (1.41) for January-March 2023 as against Tk. 0.78 for January-March 2022; Cons
(Q3 Un-audited): Consolidated EPS was Tk. (1.41) for January-March 2023 as against Tk. 0.78 for January-March 2022; Consolidated EPS was Tk. (4.31) for July 2022-March 2023 as against Tk. 2.27 for July 2021-March 2022. Consolidated NOCFPS was Tk. 25.57 for July 2022-March 2023 as against Tk. 7.38 for July 2021-March 2022. Consolidated NAV per share was Tk. 61.20 as on March 31, 2023 and Tk. 66.50 as on June 30, 2022. (cont.)
- Q3 Financials
(Continuation news of RUNNERAUTO): Reasons for significant deviation in EPS, NOCFPS and NAVPS: EPS has been decreased because of the degrowth of revenue, an increase in raw materials price and the finance cost. The growth of NOCFPS comes from the lower payment obligation to the suppliers due to the limitations of the import of raw materials. Negative growth of profitability drives the decline of NAVPS. (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 18, 2023 at 1:45 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Name Change of the Company
Dhaka Stock Exchange Limited (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be 'Runner Automobiles PLC' instead of 'Runner Automobiles Limited' with effect from April 04, 2023. Other things (except name) will remain unchanged.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. (2.08) for October-December, 2022 as against Tk. 0.96 for October-December, 2021; Consolidated EPS was Tk. (3.13) for July-December, 2022 as against Tk. 1.49 for July-December, 2021. Consolidated NOCFPS was Tk. 15.86 for July-December 2022 as against Tk. 4.99 for July-December 2021. Consolidated NAV per share was Tk. 62.61 as on December 31, 2022 and Tk. 66.50 as on June 30, 2022.
- Q2 Financials (Additional Information)
(Q2 Un-Audited): The Company has further informed that EPS has been decreased due to disruption of supply chain and high inflation. In addition, exchange rates and other macroeconomic situations triggered the cost of materials and other related costs.
- 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 24, 2023 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.