Samata Leather Complex Ltd. announcements
250 Dhaka Stock Exchange announcements for Samata Leather Complex Ltd. (SAMATALETH) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (20).
- Resumption after record date
Trading of the shares of the Company will resume on 06.12.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 05.12.2021.
- Spot News
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 01.12.2021 to 02.12.2021. Trading of the shares of the Company will remain suspended on record date i.e., 05.12.2021.
- The auditor of the Samata Leather Complex Ltd. has given the \"Adverse Opinion\" paragraphs in the Auditor\'s Report for
The auditor of the Samata Leather Complex Ltd. has given the \"Adverse Opinion\" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Basis for Adverse Opinion: 1) Charges of depreciation on addition of fixed assets has not been properly calculated in accordance with para 55 of IAS 16. Moreover, depreciation on revalued assets has been adjusted with revaluation reserve rather charging in profit or loss account. In doing so, depreciation has been understated by Tk. 1,252,704 (cont.1)
- (Continuation news of SAMATALETH): and profit & EPS has been overstated to the extent. 2) Annual transfer of revaluation
(Continuation news of SAMATALETH): and profit & EPS has been overstated to the extent. 2) Annual transfer of revaluation reserve to retained earnings on the difference between depreciation based on the revalued carrying amount of the asset and depreciation based on the asset\'s original cost has not been made in accordance with para 41 of IAS 16. 3) Deferred tax liability as disclosed in note # 14 amounting to Tk. 4,020,341 has not been properly calculated in accordance (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of SAMATALETH): with para 15 of IAS 12 \"Income Taxes\". Moreover, the company has recognised the def
(Continuation news of SAMATALETH): with para 15 of IAS 12 \"Income Taxes\". Moreover, the company has recognised the deferred tax for the first time in the financial statements but retrospective adjustment as required by para 22 of IAS 8 has not been done. Furthermore, third statement financial position as required by para 40A of IAS 1 has not been presented. 4) Statement of cash flows has not been properly calculated in accordance with IAS 7 as such Net Operating Cash Flow per (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of SAMATALETH): share (NOCFPS) as disclosed in the statement has been overstated. 5) Proportionate Tr
(Continuation news of SAMATALETH): share (NOCFPS) as disclosed in the statement has been overstated. 5) Proportionate Transfer of Workers Profit Participation Fund (provision of 2019) to Workers Welfare Foundation Fund established under section of 14 of Bangaldesh Workers Welfare Foundation Act, 2006, has not been made in accordance with section 234 of Labor Act 2006 (amended in 2015). 6) Calculation of current tax amounting to Tk. 361,815 (note #25) (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of SAMATALETH): has not been properly calculated and disclosed in accordance with para 81 (C) of IAS
(Continuation news of SAMATALETH): has not been properly calculated and disclosed in accordance with para 81 (C) of IAS 12. 7) It is apparent from the statement of comprehensive income that the company made export sale during the year. But effects of changes in foreign exchange rates has not been made in the financial statements in accordance with para 28 of IAS 21. 8) Reconciliation of cash flows from operation between direct and indirect method has not been provided in (cont.5)
The first part of this announcement is missing from the archive. - (Continuation news of SAMATALETH): notes to the financial statements in compliance with BSEC notification no. BSEC/CMRRC
(Continuation news of SAMATALETH): notes to the financial statements in compliance with BSEC notification no. BSEC/CMRRCD/2006-158/208/admin/81 dated 20 June 2018. 9) Provision for lifetime expected credit loss on debtors has not been made as required by para 55.15 of FRS 9. 10) Sales for the year ended June 30, 2020 of Tk. 23,739,291 was not supported by evidence as such retained earnings has been overstated. Further, purchase raw materials, chemicals and stock & Spares for (cont.7)
The first part of this announcement is missing from the archive. - Adverse Opinion
(Continuation news of SAMATALETH): the year ended June 30, 2020 of Tk. 40,036,456, Tk. 2,777,525, and Tk. 2,520,100 respectively were also supported by documents hence inventory was overstated. 11) Para 31 and 34 of IAS 16 for sufficient regularity and frequency of revaluation respectively has not been complied. (end)
The first part of this announcement is missing from the archive. - Dividend Declaration
The Board of Directors has recommended 0.50% cash dividend only for General Shareholders (excepting Sponsors, Directors and Placement holders) for the year ended on June 30, 2021. Date of AGM: 27.12.2021, Time: 10:30 AM, Venue: digital platform. Record Date: 05.12.2021. The Company has reported EPS of Tk. 0.10, NAV per share of Tk. 14.39 and NOCFPS of Tk. 0.24 for the year ended on June 30, 2021 as against Tk. 0.09, Tk. 14.61 and Tk. 0.42 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (15.11.2021) 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 November 14, 2021 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (0.02) for January-March 2021 as against Tk. (0.041) for January-March 2020; EPS was Tk. (0.03) for July 2020-March 2021 as against Tk. 0.039 for July 2019-March 2020. NOCFPS was Tk. 0.25 for July 2020-March 2021 as against Tk. 0.40 for July 2019-March 2020. NAV per share was Tk. 14.27 as on March 31, 2021 and Tk. 14.39 as on June 30, 2020.
- 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 September 15, 2021 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- Query Response
In response to a DSE query dated September 09, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
- (Q2 Un-audited): EPS was Tk. 0.02 for October-December 2020 as against Tk. 0.05 for October-December 2019; EPS was Tk. (
(Q2 Un-audited): EPS was Tk. 0.02 for October-December 2020 as against Tk. 0.05 for October-December 2019; EPS was Tk. (0.01) for July-December 2020 as against Tk. (0.04) for July-December 2019. NOCFPS was Tk. 0.25 for July-December 2020 as against Tk. 0.28 for July-December 2019. NAV per share was Tk. 14.32 as on December 31, 2020 and Tk. 14.39 as on June 30, 2020.
- As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
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 June 22, 2021 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.03) for July-September 2020 as against Tk. 0.05 for July-September 2019. NOCFPS was Tk. 0.17 for July-September 2020 as against Tk. 0.18 for July-September 2019. NAV per share was Tk. 14.33 as on September 30, 2020 and Tk. 14.39 as on June 30, 2020.
- 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 March 07, 2021 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.