DSE:SINGERBD

Singer Bangladesh Limited announcements

330 Dhaka Stock Exchange announcements for Singer Bangladesh Limited (SINGERBD) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (21).

  1. (Q3 Un-audited): EPS was Tk. 0.88 for July-September 2023 as against Tk. (0.85) for July-September 2022; EPS was Tk. 6.7

    (Q3 Un-audited): EPS was Tk. 0.88 for July-September 2023 as against Tk. (0.85) for July-September 2022; EPS was Tk. 6.73 for January-September 2023 as against Tk. 1.46 for January-September 2022. NOCFPS was Tk. 8.17 for January-September 2023 as against Tk. (7.24) for January-September 2022. NAV per share was Tk. 35.71 as on September 30, 2023 and Tk. 29.97 as on December 31, 2022. (cont.1)

  2. (Continuation news of SINGERBD): Reasons for deviation in EPS and NOCFPS: Turnover has been decreased by 35.1\% than Q3

    (Continuation news of SINGERBD): Reasons for deviation in EPS and NOCFPS: Turnover has been decreased by 35.1\% than Q3 2022 mainly caused by the shifting of the significant Eid-ul-Adha festival from Q3 to Q2. GP margin has been increased by 9.3\% compared to Q3 2022. The reasons for increased GP margin are - FOB decrease of some SKUs and decrease of freight. On the other hand, price has been increased for all products during the period to adjust the initial costs (cont.2)

    The first part of this announcement is missing from the archive.
  3. (Continuation news of SINGERBD): increase. Besides, product SKU & sales channel mix have also impacted margin positively

    (Continuation news of SINGERBD): increase. Besides, product SKU & sales channel mix have also impacted margin positively as the contribution of the retail channel contributed higher. Operating profit margin has been increased by 3.9\% compared to Q3 2022. Despite increase in interest rates from 2022, finance costs has decreased by 5.1\% as short term borrowings has decreased from September 2022. Income tax expenses has decreased by 94.8\% and the effective tax rate has (cont.3)

    The first part of this announcement is missing from the archive.
  4. Q3 Financials

    (Continuation news of SINGERBD): resulted significantly lower than Q3 2022. Main reasons are- change in sales mix of trade goods and produced goods (sales of trade goods is in lower proportion compared to produced goods in Q3 2023) and shifting of Eid festival between these two quarters in consideration. As a result, profit after tax and earning per share (EPS) has increased by 203.1% compared to Q3 2022. In view of above, NOCFPS has improved significantly as compared to Q3 2022. (end)

    The first part of this announcement is missing from the archive.
  5. 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 19, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.

  6. (Q2 Un-audited): EPS was Tk. 4.72 for April-June 2023 as against Tk. 1.40 for April-June 2022; EPS was Tk. 5.85 for Janu

    (Q2 Un-audited): EPS was Tk. 4.72 for April-June 2023 as against Tk. 1.40 for April-June 2022; EPS was Tk. 5.85 for January-June 2023 as against Tk. 2.31 for January-June 2022. NOCFPS was Tk. (2.58) for January-June 2023 as against Tk. (34.05) for January-June 2022. NAV per share was Tk. 34.83 as on June 30, 2023 and Tk. 29.97 as on December 31, 2022. Reasons for deviation in EPS and NOCFPS: (cont.)

  7. Q2 Financials

    (Continuation news of SINGERBD): EPS has been increased due to increased turnover, GP margin, operating profit etc. NOCFPS has been improved significantly but remains negative due to increased finance cost, interest rates, increase in short term borrowing, increased income tax etc. (end)

    The first part of this announcement is missing from the archive.
  8. 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 July 20, 2023 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.

  9. Appointment of Finance Director and Chief Financial Officer

    The company has informed that the Board of Directors has appointed Mr. Yigit Emre Senolur as Finance Director and Chief Financial Officer of the company with effect from July 02, 2023, subject to the receiving necessary amendment of the work permit from BIDA.

  10. Dividend Disbursement

    The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2022 to the respective shareholders.

  11. Appointment and Resignation of Directors

    The company has informed that the Board of Directors has approved the appointment of Mr. Ozkan Cimen as Director of the company with effect from April 18, 2023. The Board of Directors has also approved the resignation of Director, Mr. Polat Sen, and Independent Director, Mr. Reazul Haque Chowdhury with effect from April 18, 2023.

  12. Emerging Credit Rating Limited (ECRL) has assessed the rating of the Company as \"AAA\" in the long term and \"ST-1\" in

    Emerging Credit Rating Limited (ECRL) has assessed the rating of the Company as \"AAA\" in the long term and \"ST-1\" in the short term based on the financial statements for the year ended on December 31, 2023 and other relevant quantitative as well as qualitative information.

  13. Q1 Financials

    (Q1 Un-audited): EPS was Tk. 1.13 for January-March 2023 as against Tk. 0.91 for January-March 2022. NOCFPS was Tk. (10.11) for January-March 2023 as against Tk. (13.14) for January-March 2022. NAV per share was Tk. 31.10 as on March 31, 2023 and Tk. 29.97 as on December 31, 2022.

  14. 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 18, 2023 at 8:30 AM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.

  15. Resumption after record date

    Trading of the shares of the Company will resume on 19.02.2023 after record date.

  16. Suspension for Record date

    Trading of the shares of the Company will remain suspended on record date i.e., 16.02.2023.

  17. 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 with cum benefit from 14.02.2023 to 15.02.2023 and trading of the shares will remain suspended on record date i.e., 16.02.2023.

  18. The Board of Directors has recommended 10\% cash dividend for the year ended December 31, 2022. Date of AGM: 11.04.2023,

    The Board of Directors has recommended 10\% cash dividend for the year ended December 31, 2022. Date of AGM: 11.04.2023, Time: 2:00 PM, Venue: Digital Platform. Record Date: 16.02.2023. The Company has also reported EPS of Tk. 0.73, NAV per share with valuation of Tk. 29.97, NAV per share without valuation of Tk. 28.62 and NOCFPS of Tk. 18.19 for the year ended December 31, 2022 as against Tk. 5.20, Tk. 34.06, Tk. 34.06 and Tk. (16.60) respectively for the same period of the previous year. (cont.)

  19. Price Limit Open

    There will be no price limit on the trading of the shares of the Company today (26.01.2023) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.

  20. Dividend Declaration and valuation of freehold land & building

    (Continuation news of SINGERBD): The Board of Directors also approved the valuation of freehold land and building taking into consideration to give the fair value reflection in the Audited Financial Statements of the Company for the year ended December 31, 2022. The value of the land and building before valuation was Tk. 870,272,644.00 and after valuation it stood at Tk. 1,005,535,986.00 with a valuation surplus of Tk. 135,263,342.00 (end)

    The first part of this announcement is missing from the archive.
  21. 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 January 25, 2023 at 3:15 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2022.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.