Shahjibazar Power Company Limited announcements
251 Dhaka Stock Exchange announcements for Shahjibazar Power Company Limited (SPCL) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (25).
- Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the surveillance entity rating of the Company as \"AA1\"
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the surveillance entity rating of the Company as \"AA1\" in the long term and \"ST-1\" in the short term along with Stable outlook based on audited financial statements up to June 30, 2023; Bank liability position as on November 14, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Trading of the shares of the company will resume on 04.12.2023.
Trading of the shares of the company will resume on 04.12.2023.
- Trading of the shares of the company will remain suspended on record date i.e., 03.12.2023.
Trading of the shares of the company will remain suspended on record date i.e., 03.12.2023.
- Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled
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 29.11.2023 to 30.11.2023 and trading of the shares will remain suspended on record date i.e., 03.12.2023.
- The auditor of the company has given the \"Material Uncertainty Related to Going Concern and Other Matter\" paragraph in
The auditor of the company has given the \"Material Uncertainty Related to Going Concern and Other Matter\" paragraph in the Auditor\'s Report of the company for the year ended June 30, 2023. To view the details, please visit: https://www.dsebd.org/assets/pdf/Material\%20Uncertainty\%20&\%20Other\%20Matter\%20of\%20Shahjibazar\%20Power\%20Co.\%20Ltd\%20for\%20the\%20year\%20ended\%20on\%2030\%20June\%202023_.pdf
- (Q1 Un-audited): Consolidated EPS was Tk. 2.24 for July-September 2023 as against Tk. 0.42 for July-September 2022; Cons
(Q1 Un-audited): Consolidated EPS was Tk. 2.24 for July-September 2023 as against Tk. 0.42 for July-September 2022; Consolidated NOCFPS was Tk. 1.80 for July-September 2023 as against Tk. 0.01 for July-September 2022. Consolidated NAV per share was Tk. 38.94 as on September 30, 2023 and Tk. 36.71 as on June 30, 2023. Reason for Significant Deviation: EPS: The underlying reasons for that significant deviation can be attributed to the rise (cont.1)
- (Cont. news of SPCL): in revenue as well as profits of subsidiary Company. The 90\% subsidiary refinery business had to
(Cont. news of SPCL): in revenue as well as profits of subsidiary Company. The 90\% subsidiary refinery business had to face major setbacks in operation due to an acute shortage of raw materials i.e., NGC supplied from the government source. However, upon several persuasion of the matter with the competent authority of the government the company was able to take permission of the government to start import of (cont. 2)
The first part of this announcement is missing from the archive. - Q1 Financials
(Cont. news of SPCL): Raw Materials from the foreign source which is the first time in the history of the country. Hence, the profit of the company has increased exponentially for the period under report. NOCFPS: Net Operating Cash Flow per Share increased due to a significant increase in collection which was accumulated for a long time caused by irregular payment from the Government. (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 November 14, 2023 at 6:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- The Board of Directors has recommended 11\% cash dividend for the year ended June 30, 2023. Date of AGM: 09.01.2024, Tim
The Board of Directors has recommended 11\% cash dividend for the year ended June 30, 2023. Date of AGM: 09.01.2024, Time: 11:00 AM, Venue: Digital Platform. Record date: 03.12.2023. The Company has also reported Consolidated EPS of Tk. 1.52, Consolidated NAV per share of Tk. 36.71 and Consolidated NOCFPS of Tk. 3.23 for the year ended June 30, 2023 as against Tk. 4.14 (Diluted), Tk. 36.73 (Diluted) and Tk. 6.58 (Diluted) respectively for the year ended June 30, 2022. (cont.1)
- (Continuation news of SPCL): Reasons for Significant Deviation: The underlying reasons for that significant deviation ca
(Continuation news of SPCL): Reasons for Significant Deviation: The underlying reasons for that significant deviation can be attributed to the fall in profits of subsidiary and associate companies, 90\% subsidiary of refinery business had to book raw materials from foreign source at a higher price to streamline the pricing formula of finished oil refined from imported source by the Ministry. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of SPCL): While finalizing the pricing formula the raw material price of imported source has fall sig
(Continuation news of SPCL): While finalizing the pricing formula the raw material price of imported source has fall significantly in the international market and the pricing formula has considered the spot price of raw materials instead of the purchase price of the Subsidiary company. Subsequently, this individual consignment has suffered significant loss during the period under report. (cont.3)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Dividend Declaration
(Continuation news of SPCL): Moreover, the associate business of 150 MW HFO fired power plant had several HFO import consignments booked at the USD exchange rate of BDT 90-95 during the period, those import consignments matured for payment and USD rate was by the time hits as high as up to BDT 110 per USD causing a huge currency exchange loss reflected in the Profitability of this power generation business. (end)
The first part of this announcement is missing from the archive. - 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 26, 2023 at 6:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Agreement between Petromax Refinery Ltd and Mongla Port Authority
The Company has informed that Petromax Refinery Ltd (PRL) a subsidiary of Shahjibazar Power Co. Ltd. (SPCL) has inked a Long-Term Lease Agreement with Mongla Port Authority (MPA) for 13 Acre of land for 30 years lease period. PRL shall utilize the said land for the expansion of existing storage facilities by installing storage tanks and future enhancement of refining capacity depending on the market demand.
- (Q3 Un-audited): Consolidated EPS was Tk. 1.39 for January-March 2023 as against Tk. 2.42 for January-March 2022; Consol
(Q3 Un-audited): Consolidated EPS was Tk. 1.39 for January-March 2023 as against Tk. 2.42 for January-March 2022; Consolidated EPS was Tk. 0.48 for July 2022-March 2023 as against Tk. 5.48 for July 2021-March 2022. Consolidated NOCFPS was Tk. 2.16 for July 2022-March 2023 as against Tk. 3.82 for July 2021-March 2022. Consolidated NAV per share was Tk. 35.67 as on March 31, 2023 and Tk. 36.73 as on June 30, 2022. (cont.)
- Q3 Financials
(Continuation news of SPCL): The company has reported that NOCFPS reduced for excess inventory tied due to production and very minimum delivery of product of Subsidiary Company (Petromax Refinery Limited). Also power generation entities owe a substantial amount of bill from BPDB. (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 30, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended June 30, 2022 to the respective shareholders' BO Accounts.
- (Q2 Un-audited): Consolidated EPS was Tk. (1.38) for October-December 2022 as against Tk. 1.14 for October-December 2021
(Q2 Un-audited): Consolidated EPS was Tk. (1.38) for October-December 2022 as against Tk. 1.14 for October-December 2021; Consolidated EPS was Tk. (0.95) for July-December 2022 as against Tk. 3.19 for July-December 2021. Consolidated NOCFPS was Tk. 5.94 for July-December 2022 as against Tk. 2.57 for July-December 2021. Consolidated NAV per share was Tk. 37.25 as on December 31, 2022 and Tk. 38.19 as on June 30, 2022. Reasons for deviation in EPS and NOCFPS: (cont.1)
- (Continuation news of SPCL): The reason for such significant deviation in the profitability of the company can be attrib
(Continuation news of SPCL): The reason for such significant deviation in the profitability of the company can be attributed to fall in profit of subsidiary and associate companies. During the period under report the 150 MW HFO fired Power Generation facility incurred huge loss on the on the ground of USD exchange rate deviation. Furthermore, despite being fully operational, the 90\% subsidiary refinery (cont.2)
The first part of this announcement is missing from the archive. - Q2 Financials
(Continuation news of SPCL): operation incurred loss in the reporting period due to delayed price formulation decision from Bangladesh Petroleum Corporation (BPC). The significant increase in NOCFPS is mostly due to lesser amount of matured supplier payment during the period. (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 29, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.