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 2024 (25).
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned Surveillance 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 (FY June 30, 2022-2024), bank liability position as on October 31, 2024 and other information up to the date of rating declaration.
- Resumption after Record date
Trading of the shares of the company will resume on 18.11.2024.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. (0.72) for July-September 2024 as against Tk. (2.27) for July-September 2023; Consolidated NOCFPS was Tk. 7.10 for July-September 2024 as against Tk. 8.38 for July-September 2023. Consolidated NAV per share was Tk. 65.77 as on September 30, 2024 and Tk. 66.49 as on June 30, 2024. Reasons for deviation in EPS, NOCEPS & NAVPS: (cont.) (cont. news of RUNNERAUTO): Having growth in revenue and overall cost stringent strategies the company managed to reduce the negative EPS as compared to last year. In spite of having efficient stock management along with positive marginal factors, the company struggled in collection efficiency in Q1'25 due to political unrests and other micro economic factors which led to reduction in NOCFPS. With negative EPS. the NAVPS has been decreased. (end)
- Suspension for Record date
Trading of the shares of the company will remain suspended on the record date, i.e., 17.11.2024.
- Other Matter
The auditor of the company has given the "Other Matter" paragraphs in the Auditor's Report of the company for the year ended June 30, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/November/RUNNERAUTO_2024.pdf
- 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 13.11.2024 to 14.11.2024 and trading of the shares will remain suspended on record date i.e., 17.11.2024.
- 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 13, 2024 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Appointment of new MD and CEO
The company has informed that the Board of Directors has decided to appoint Mr. Nazrul Islam FCA as the new Managing Director and CEO of the company from November 01, 2024.
- The Board of Directors has recommended 11\% Cash Dividend for the General Shareholders and 1\% Cash Dividend for the Spo
The Board of Directors has recommended 11\% Cash Dividend for the General Shareholders and 1\% Cash Dividend for the Sponsors and/or Directors for the year ended June 30, 2024. Date of AGM: 23.12.2024, Time: 11:30 AM, Venue: Hybrid System (Place will be notified later). Record date: 17.11.2024. The Company has also reported consolidated EPS of Tk. (0.54), consolidated NAV per share of Tk. 66.49 and consolidated NOCFPS of Tk. 21.70 for the year ended June 30, 2024 (cont.1)
- (Cont. news of RUNNERAUTO): as against Tk. (7.75), Tk. 62.62 and Tk. 38.32 respectively for the year ended June 30, 2023
(Cont. news of RUNNERAUTO): as against Tk. (7.75), Tk. 62.62 and Tk. 38.32 respectively for the year ended June 30, 2023. Reasons for deviation in EPS, NOCFPS and NAVPS: Revenue of the company has been increased significantly due to improvement of three-wheeler sales throughout the year. Requirement for upfront repayment to the banks and suppliers compared to previous year resulted significant degrowth in NOCFPS. (cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Cont. news of RUNNERAUTO): With the profitability and appreciation of subsidiary's assets, NAVPS has been increased. (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 (27.10.2024) following its corporate declaration.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2022 to the respective shareholders.
- Category Change
The Company will be placed in 'A' category from existing 'Z' category with effect from October 24, 2024 as the Company has reported disbursement of 10% Cash Dividend for the year ended June 30, 2022.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase the securities of Runner Automobiles PLC in between 1st to 7th trading days following the change of categorization, with effect from October 24, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- 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 24, 2024 at 2:35 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Category Change
The Company has been placed in 'Z' category from existing 'A' category with effect from today i.e., October 09, 2024 as per provision 1(e) of BSEC Directive No. BSEC/CMRRCD/2009-193/77, dated May 20, 2024 regarding non-disbursement of at least 80% of the approved dividend within the stipulated time frame.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase securities of Runner Automobiles PLC with effect from today i.e., October 09, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- (Q3 Un-audited): Consolidated EPS was Tk. (1.35) for January-March 2024 as against Tk. (1.41) for January-March 2023; Co
(Q3 Un-audited): Consolidated EPS was Tk. (1.35) for January-March 2024 as against Tk. (1.41) for January-March 2023; Consolidated EPS was Tk. (3.57) for July 2023-March 2024 as against Tk. (4.31) for July 2022-March 2023. Consolidated NOCFPS was Tk. 13.18 for July 2023-March 2024 as against Tk. 25.57 for July 2022-March 2023. Consolidated NAV per share was Tk. 59.06 as on March 31, 2024 and Tk. 62.62 as on June 30, 2023. (cont.)
- Q3 Financials
(Continuation news of RUNNERAUTO): Reasons for deviation in EPS, NOCFPS and NAVPS: 1. Negative EPS is due to drop in revenue and higher Finance cost. 2. Repayment for the supplies of substantial stocks resulted to the negative NOCFPS. 3. Negative profitability caused the reduction 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 25, 2024 at 02:35 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Sale Declaration of a Sponsor Director
Mr. Mohammad Ali Deen, a Sponsor Director of the Company, has expressed his intention to sell 1,20,000 shares out of his total holding of 25,20,000 shares of the company at prevailing market price (in the Public/ Block Market) through Dhaka Stock Exchange PLC. within next 30 working days (i.e. within April 30, 2024).
- (Q2 Un-audited): Consolidated EPS was Tk. 0.05 for October-December 2023 as against Tk. (2.08) for October-December 2022
(Q2 Un-audited): Consolidated EPS was Tk. 0.05 for October-December 2023 as against Tk. (2.08) for October-December 2022; Consolidated EPS was Tk. (2.22) for July-December 2023 as against Tk. (2.89) for July-December 2022. Consolidated NOCFPS was Tk. 13.62 for July-December 2023 as against Tk. 15.86 for July-December 2022. Consolidated NAV per share was Tk. 60.41 as on December 31, 2023 and Tk. 62.62 as on June 30, 2023. (cont.)
- Q2 Financials
(Continuation news of RUNNERAUTO): Reasons for deviation in EPS, NOCFPS and NAVPS are as follows: i) Three Wheeler business derives significant growth in the revenue line which resulted positive EPS in last quarter. ii) Repayment to the supplier resulted decrease in NOCFPS. iii) Negative profitability caused the reduction 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 January 24, 2024 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.