Safko Spinning Mills Limited announcements
379 Dhaka Stock Exchange announcements for Safko Spinning Mills Limited (SAFKOSPINN) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (18).
- Qualified Opinion, Emphasis of Matters, Going Concern & Other Matter
The auditor of the company has given the "Qualified Opinion", "Emphasis of Matters", "Material Uncertainty Related to Going Concern" & "Other Matter" in the auditor's report for the year ended June 30, 2024. To view the details please visit: https://www.dsebd.org/Auditors_opinion/2024/November/SafkoSpinning_2024.pdf
- Resumption after Record Date
Trading of the shares of the company will resume on 20.11.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 19.11.2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (4.77) for July-September 2024 as against Tk. (4.90) for July-September 2023; NOCFPS was Tk. (0.02) for July-September 2024 as against Tk. (0.08) for July-September 2023. NAV per share was Tk. (1.65) as on September 30, 2024 and Tk. 2.99 as on June 30, 2024.
- 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 14.11.2024 to 18.11.2024 and trading of the shares of the company will remain suspended on record date i.e., 19.11.2024.
- 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 14, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Dividend Declaration
The Board of Directors has recommended No Dividend for the year ended June 30, 2024. Date of AGM: 18.12.2024, Time: 11:30 AM, Venue: Hybrid System at Conference Hall of Safko Spinning Mills Ltd., Noyapara, P.O. Saihamnagar, P.S. Madhabpur, Dist. Habiganj. Record Date: 19.11.2024. The Company has also reported EPS of Tk. (12.97), NAV per share of Tk. 2.99 and NOCFPS of Tk. (0.90) for the year ended June 30, 2024 as against Tk. (5.52), Tk. 15.94 and Tk. 0.57 respectively for the year ended June 30, 2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2024) 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 28, 2024 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Regarding opening of mill and resumption of production
Refer to their earlier news disseminated by DSE on 09.04.2024 regarding extension of suspension of production for further period of 2 months, the company has further informed that the management of the company has taken the decision to open the mill at the earliest after expiry of production suspension on 12.06. 2024.Management has decided to open the mills on 1st July, 2024 and production will be resumed from 7th July 2024.Meanwhile, the production of the mill will remain suspended till 30th June, 2024.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (3.92) for January-March 2024 as against Tk. (0.55) for January-March 2023; EPS was Tk. (11.38) for July 2023-March 2024 as against Tk. (2.55) for July 2022-March 2023. NOCFPS was Tk. 2.34 for July 2023-March 2024 as against Tk. 1.19 for July 2022-March 2023. NAV per share was Tk. 4.59 as on March 31, 2024 and Tk. 15.94 as on June 30, 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 April 30, 2024 at 04:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Extension of Suspension of Production for further period of 2 Months
The company has informed that despite concerted efforts, the prevailing situation of Safko Spinning Mills Ltd. has not shown signs of improvement. Consequently, the management has made the decision to extend the suspension of production of Safko Spinning Mills Ltd. for an additional 2 (two) months with effect from 12 April 2024.
- Category Change
The Company has been placed in 'Z' category from existing 'B' category with effect from today i.e., February 18, 2024 as per provision 1(d) of BSEC Order No. SEC/CMRRCD/2009-193/74(R) dated February 15, 2024.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Safko Spinnings Mills Ltd. with effect from today i.e., February 18, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- Temporary suspension of production of the company
The company has informed that the Board of Directors has decided to temporarily suspend the production from 12th February 2024 for a period of two months. However, the other activities of the mills like maintenance works etc. will be kept running as usual.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (2.56) for October-December 2023 as against Tk. (1.71) for October-December 2022. EPS was Tk. (7.46) for July-December 2023 as against Tk. (2.00) for July-December 2022. NOCFPS was Tk. 0.41 for July-December 2023 as against Tk. 2.78 for July-December 2022. NAV per share was Tk. 8.50 as on December 31, 2023 and Tk. 15.94 as on June 30, 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 January 30, 2024 at 4:30 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.