Summit Alliance Port Limited announcements
350 Dhaka Stock Exchange announcements for Summit Alliance Port Limited (SAPORTL) since 2008: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (19).
- Reschedule of 20th AGM date of the company
Refer to their earlier news disseminated by DSE on 29.10.2024 regarding Dividend Declaration, the company has further informed that the AGM of the company has been rescheduled and will be held on December 30, 2024 at 3:30 PM instead of previous schedule December 29, 2024.
- Resumption after Record Date
Trading of the shares of the company will resume on 19.11.2024.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.80 for July-September 2024 as against Tk. 0.36 for July-September 2023; Consolidated NOCFPS was Tk. (1.86) for July-September 2024 as against Tk. 0.56 for July-September 2023. Consolidated NAV per share was Tk. 34.51 as on September 30, 2024 and Tk. 33.71 as on June 30, 2024. Reasons for Significant deviation of EPS, NOCFPS and NAVPS: (cont.1) (cont. news of SAPORTL): profit after income tax of the company has increased compared to last year. As a result, the Earnings Per Share (EPS) has increased simultaneously for standalone financial statements. On the other hand, Earnings Per Share (EPS) for consolidated financial statements has increased substantially mainly due to the profit generated from the newly started freight forwarding agency business of SAPL's subsidiary company, Container Transportation Services Ltd. (end) (cont. news of SAPORTL): Container Transportation Services Limited, it was observed that collection of revenue proceeds will be collected in the subsequent period due to the nature of the freight forwarding agency business, resulting in the decrease of net operating cash flow in the current period. However, receivables are fully secured. During the period, (cont.3) (cont. news of SAPORTL): Due to increase of both separate and consolidated profit during the period, both the NAVs have also consequently increased last period. Net operating cash flow per share in standalone financial statements improved due to increase of efficiency of cash collection from clients. For consolidated financial statements, while considering cash flow of the subsidiary company, (cont.2)
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 18.11.2024.
- Emphasis of Matters
The auditor of the company has given the "Emphasis of Matters" paragraph in the audited financial statement of the company for the year ended June 30, 2024. To view the details please visit: https://www.dsebd.org/Auditors_opinion/2024/November/SAPL_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 14.11.2024 to 17.11.2024 and trading of the shares of the company will remain suspended on record date i.e., 18.11.2024.
- 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 2:35 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 15% Cash Dividend for the year ended June 30, 2024. Date of AGM: 29.12.2024, Time: 11:00 AM, Venue: Digital Platform. Record Date: 18.11.2024. The Company has also reported Consolidated EPS of Tk. 1.75, Consolidated NAV per share of Tk. 33.71 and Consolidated NOCFPS of Tk. 2.45 for the year ended June 30, 2024 as against Tk. 1.22, Tk. 33.11 and Tk. 1.97 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 2:35 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- The company has informed that the Board of Directors of the company decided that Container Transportation Services Limit
The company has informed that the Board of Directors of the company decided that Container Transportation Services Limited (CTSL), a subsidiary Company of SAPL has obtained customs license in order to pursue Freight Forwarding and Shipping Agency business. (cont.)
- Regarding obtaining customs license by the subsidiary of the company
(Cont. news of SAPORTL): In view of that, a new company shall be formed as approved in the same meeting to separate the existing transport business by transferring all the assets and liabilities of CTSL to the new subsidiary company to be formed in the name and style of 'Container Transport Support Limited'. (end)
The first part of this announcement is missing from the archive. - (Q3 Un-audited): Consolidated EPS was Tk. 0.48 for January-March 2024 as against Tk. 0.23 for January-March 2023; Consol
(Q3 Un-audited): Consolidated EPS was Tk. 0.48 for January-March 2024 as against Tk. 0.23 for January-March 2023; Consolidated EPS was Tk. 1.40 for July 2023-March 2024 as against Tk. 1.11 for July 2022-March 2023. Consolidated NOCFPS was Tk. 2.15 for July 2023-March 2024 as against Tk. 1.94 for July 2022-March 2023. Consolidated NAV per share was Tk. 33.29 as on March 31, 2024 and Tk. 33.11 as on June 30, 2023. (cont.)
- Q3 Financials
(Continuation news of SAPORTL): Reasons for deviation in EPS, NOCFPS and NAVPS: EPS has been increased due to increase of import volume handling. NOCFPS has been increased due to increase of collection from clients. NAV per share has been increased due to increase of revenue and earnings. (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 27, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance entity rating of the Company as "AA2" in the long term and "ST-2" in the short term along with Stable outlook based on audited financial statements as of June 30, 2023, unaudited 03(Three) months management prepared financial statements as of September 30, 2023; bank liability position up to February 29, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.56 for October-December 2023 as against Tk. 0.42 for October-December 2022; Consolidated EPS was Tk. 0.92 for July-December 2023 as against Tk. 0.88 for July-December 2022. Consolidated NOCFPS was Tk. 1.27 for July-December 2023 as against Tk. 1.28 for July-December 2022. Consolidated NAV per share was Tk. 32.81 as on December 31, 2023 and Tk. 33.11 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 29, 2024 at 3:00 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.