Shaympur Sugar Mills Ltd. announcements
271 Dhaka Stock Exchange announcements for Shaympur Sugar Mills Ltd. (SHYAMPSUG) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (27).
- Resumption after record date
Trading of the shares of the Company will resume on 23.11.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2022.
- 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 17.11.2022 to 21.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2022.
- The Board of Directors has recommended No dividend for the year ended June 30, 2022. Date of AGM: 27.12.2022, Time: 2:00
The Board of Directors has recommended No dividend for the year ended June 30, 2022. Date of AGM: 27.12.2022, Time: 2:00 PM, Venue: Digital Platform. Record Date: 22.11.2022. The Company has also reported EPS of Tk. (53.03), NAV per share of Tk. (1,167.57) and NOCFPS of Tk. (49.91) for the year ended June 30, 2022 as against Tk. (125.14), Tk. (1,114.52) and Tk. (86.06) respectively for the same period of the previous year. (cont. 1)
- (Continuation news of SHYAMPSUG): Significant deviations in EPS, NOCFPS and NAVPS: Earnings per Share (EPS)-EPS ratio ha
(Continuation news of SHYAMPSUG): Significant deviations in EPS, NOCFPS and NAVPS: Earnings per Share (EPS)-EPS ratio has decreased this year. Because this year selling and distribution Expense, Financial Cost amount are lower compared to previous year. (cont. 2)
The first part of this announcement is missing from the archive. - (Continuation news of SHYAMPSUG): Net Operating cash flow per share (NOCFPS)- NOCFPS ratio has fallen this year. Because
(Continuation news of SHYAMPSUG): Net Operating cash flow per share (NOCFPS)- NOCFPS ratio has fallen this year. Because Net Cash operating Activities, such as cash received from customer, cash paid to suppliers, cash paid as interest to Bank are more diminution than previous year. Short Term Loan & Other Liabilities also mitigated this year. As a consequence, NOCFPS ratio is base relatively last year. (cont. 3)
The first part of this announcement is missing from the archive. - (Continuation news of SHYAMPSUG): Earning per share (EPS), Net Operating Cash Flow per share (NOCFPS) & Net Asset Value
(Continuation news of SHYAMPSUG): Earning per share (EPS), Net Operating Cash Flow per share (NOCFPS) & Net Asset Value (NAV) have been negative as the Government of Peoples Republic of Bangladesh has decided to suspend due to recurring loss, high production cost, net capital deficiency of the operation activity of Shyampur Sugar Mills Limited for infinity period. (end)
The first part of this announcement is missing from the archive. - The auditor of the Shyampur Sugar Mills Ltd. has given the \"Adverse Opinion\" paragraphs in the auditor\'s report for t
The auditor of the Shyampur Sugar Mills Ltd. has given the \"Adverse Opinion\" paragraphs in the auditor\'s report for the year ended June 30, 2022. Basis for Adverse Opinion: 1. The inventory balance is overstated by TK. 2,866,046 in compare with store record report. The loss for the year and retained loss at the year-end will be increased by that amount, if such correction/written off adjustment is taken place. 2. During the year the company has shown TK. 7,202,761 as workers (cont.1)
- (Continuation news of SHYAMPSUG): Welfare Fund Liability which we could not confirm with the books of accounts. Furtherm
(Continuation news of SHYAMPSUG): Welfare Fund Liability which we could not confirm with the books of accounts. Furthermore, management of the company could not provide us proper document and explanation regarding the same. 3. The government of peoples Republic of Bangladesh has decided to suspend Shyampur Sugar Mills Limited\'s operational activities for infinity period due to recurring loss, high production cost, net capital deficiency of the operation activity. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of SHYAMPSUG): As such, the preparation of the financial statements of the company for the year June
(Continuation news of SHYAMPSUG): As such, the preparation of the financial statements of the company for the year June 30, 2022 under going concern basis may no longer appropriate. So, the financial statements for the year June 30, 2022 should be prepared on breakup basis, if going concern assumption is not appropriate rather than preparation of these Financial Statements under going concern basis. 4.During the year, the company had no production due to suspended order issued by the (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of SHYAMPSUG): Government of Peoples Republic of Bangladesh. 5. At the year end, the loan balance of
(Continuation news of SHYAMPSUG): Government of Peoples Republic of Bangladesh. 5. At the year end, the loan balance of the company stood of Tk. 311,077,175 and Tk. 1,947,854,260 as long term loan and short term loan respectively. Both loans were classified by the lending bank due to non-payment of loan when they fallen due. Furthermore, the company didn\'t split the long term loan into current portion and non-current portion. (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of SHYAMPSUG): Due to Financial difficulty and present condition, company is unable to pay any loan l
(Continuation news of SHYAMPSUG): Due to Financial difficulty and present condition, company is unable to pay any loan liability during the year and also near future. 6. Due to the company has been suffering recurring loss from operation that effectively made net capital deficiency of Tk. (5,837,866,137) in total and Tk. (1,167.57)) per share at the year end. 7.According to the company published policy in respect of depreciation of PPE the company is charging depreciation (cont.5)
The first part of this announcement is missing from the archive. - Update of Information
The Company has requested the shareholders to update their email addresses through respective Depository Participant (DP).
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (24.10.2022) following its corporate declaration.
- Dividend Declaration
(Continuation news of SHYAMPSUG): Net Asset Value (NAV)- NAV ratio has increased. Property, plant & Equipment, Stock and stores, and other current account Assets amount have decreased on the other hand Loan from Bank, Creditors, and Current Account with BSFIC Enterprise (Payable) have increased. As a result, Net Asset Value (NAV) Per Share has increased this year. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): EPS was Tk. (19.30) for July-September 2022 as against Tk. (21.62) for July-September 2021. NOCFPS was Tk. 0.00 for July-September 2022 as against Tk. 0.12 for July-September 2021. NAV per share was Tk. (1186.87) as on September 30, 2022 and Tk. (1167.57) as on June 30, 2022. (Cont.)
- Adverse Opinion
(Continuation news of SHYAMPSUG): at the rate of 2.5% to 25%. However, the charging of depreciation for the year was same as previous year without of making reference to the rate or Useful life of each asset. The IAS 16 (Para 43) require to depreciate each item separately based on useful life. 8. The Company has not yet introduced deferred tax, which is non-compliance of IAS 12. (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 October 23, 2022 at 2:00 PM to consider, among others, un-audited financial statements of the company for the First Quarter (Q1) period ended September 30, 2022.
- 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 23, 2022 at 2:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Query Response
In response to a DSE query, 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.
- (Q3 Un-audited): EPS was Tk. (17.58) for January-March 2022 as against Tk. (28.48) for January-March 2021; EPS was Tk. (
(Q3 Un-audited): EPS was Tk. (17.58) for January-March 2022 as against Tk. (28.48) for January-March 2021; EPS was Tk. (61.73) for July 2021-March 2022 as against Tk. (77.70) for July 2020-March 2021. NOCFPS was Tk. (0.86) for July 2021-March 2022 as against Tk. 0.02 for July 2020-March 2021. NAV per share was Tk. (1176.25) as on March 31, 2022 and Tk. (1114.52) as on June 30, 2021. The Company also informed that Significant deviations for following reason: (cont. 1)
- (Continuation news of SHYAMPSUG): 1) Earnings per Share (EPS) has been increased due to decrease cost of goods sold and
(Continuation news of SHYAMPSUG): 1) Earnings per Share (EPS) has been increased due to decrease cost of goods sold and operating expenses. 2) Net assets value per share (NAV) has been negatively increased due to decrease assets and increase liability. (cont. 2)
The first part of this announcement is missing from the archive. - Q3 Financials
(Continuation news of SHYAMPSUG): 3) Net Operating Cash Flow per share (NOCFPS) has been decreased during this accounting period due to payment to suppliers and other expenses increased. (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 21, 2022 at 2:05 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- (Q2 Un-audited): EPS was Tk. (22.53) for October-December 2021 as against Tk. (25.15) for October-December 2020; EPS was
(Q2 Un-audited): EPS was Tk. (22.53) for October-December 2021 as against Tk. (25.15) for October-December 2020; EPS was Tk. (44.15) for July-December 2021 as against Tk. (49.22) for July-December 2020. NOCFPS was Tk. (0.99) for July-December 2021 as against Tk. (0.63) for July-December 2020. NAV per share was Tk. (1,158.07) as on December 31, 2021 and Tk. (1,114.52) as on December 31, 2020. (cont.)
- Q2 Financials
(Continuation news of SHYAMPSUG): EPS has been decreased of this accounting year due to sale revenue decreased. NAV is negatively increased of this accounting year due to current liability is increased compare to the last year. NOCFPS has been negatively increased this accounting period due to cash collections has been decreased compared to the last year. (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 30, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.