S. S. Steel Limited announcements
134 Dhaka Stock Exchange announcements for S. S. Steel Limited (SSSTEEL) since 2021: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2025 (13).
- Postponement of Board Meeting schedule under LR 19(1)
Refer to their earlier news disseminated on 20.10.2025, the Company has further informed that due to unavoidable circumstances, the meeting scheduled to be held on October 28, 2025 at 06:00 PM as per LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, to consider, among others, audited financial statements of the Company for the year ended June 30, 2025, has been postponed. New date and time of the meeting will be notified later.
- 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, 2025 at 06:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2025.
- Appointment of Company Secretary
The company has informed that the Board of Directors has approved the appointment of Mr. Md. Abul Kalam as the Company Secretary (Acting) of the company with effect from July 31, 2025.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. (0.11) for January-March 2025 as against Tk. 0.09 for January-March 2024; Consolidated EPS was Tk. (0.03) for July 2024-March 2025 as against Tk. 0.12 for July 2023-March 2024. Consolidated NOCFPS was Tk. 4.06 for July 2024-March 2025 as against Tk. (5.41) for July 2023-March 2024. (cont.) (Continuation news of SSSTEEL): Consolidated NAV per share (with revaluation) was Tk. 23.70 as on March 31, 2025 and Tk. 23.87 as on June 30, 2024. Consolidated NAV per share (without revaluation) was Tk. 21.64 as on March 31, 2025 and Tk. 21.69 as on June 30, 2024. (end)
- Q3 Financials (Additional Information)
(Q3 Un-audited): Reasons for deviation: EPS (Consolidated) for the third quarter of FY 2024-25 has declined from BDT 0.09 in the corresponding quarter of the previous year to BDT (0.11) in the current quarter. The decrease in EPS is due to losses incurred during the quarter, driven by reduced revenue, higher finance costs, and adverse macroeconomic and industry-specific factors, including political instability and utility supply disruptions. (cont.) (Cont. news of SSSTEEL): NOCFPS (Consolidated) for the 9-month period ended 31 March 2025 improved significantly from BDT (5.41) in the corresponding period of the previous year to BDT 4.06 in the current year. This improvement is attributable to better working capital management, enhanced collection from receivables and no major capital expenditure during the period, which also supported cash retention. (end)
- 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 29, 2025 at 7:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2025.
- Clarification on recent news published in newspaper
In response to a DSE query letter to the company regarding a news published in a newspaper titled "Now UCB to auction off SS Steel assets to recoup Tk. 290cr debt" on April 14, 2025, the company has submitted clarification vide its letter dated April 20, 2025. To view the letter, please visit the following https://www.dsebd.org/Annexure/2025/SSsteel_2025.pdf
- Category Change
The Company has been placed in 'Z' category from existing 'B' category with effect from today i.e., 12.02.2025 as per provision 1(e) of BSEC Directive No. BSEC/CMRRCD/2009-193/77, dated May 20, 2024 regarding non-disbursement of the approved dividend within the stipulated time frame.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase securities of S. S. Steel Limited with effect from today i.e., 12.02.2025 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.04 for October-December 2024 as against Tk. 0.01 for October-December 2023; Consolidated EPS was Tk. 0.07 for July-December 2024 as against Tk. 0.03 for July-December 2023. Consolidated NOCFPS was Tk. 2.61 for July-December 2024 as against Tk. (11.76) for July-December 2023. Consolidated NAV per share (with revaluation) was Tk. 23.81 as on December 31, 2024 and Tk. 23.87 as on June 30, 2024. (cont.1) (Continuation news of SSSTEEL): The significant improvement in NOCFPS, from negative BDT 11.76 to positive BDT 2.61 (consolidated) is due to better working capital management, improved receivables collection, and reduced inventory holding, strengthening cash flow and liquidity. (end) (Continuation news of SSSTEEL): Consolidated NAV per share (without revaluation) was Tk. 21.67 as on December 31, 2024 and Tk. 21.69 as on June 30, 2024. Reason for significant deviation: The increase in EPS, from BDT 0.03 to BDT 0.07 (consolidated) is driven by higher net profit resulting from increased revenue, improved gross margins, and cost efficiencies. (cont.2)
- 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, 2025 at 7:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2024.
- Clarification on recent news published in newspaper
In response to a DSE query letter to the company regarding a news published in a daily titled "Bank Asia to auction off SS Steel assets to recoup Tk 168cr debt" on January 12, 2025, the company has further informed, among others, the following: "...We acknowledge receipt of your letter No. DSE/Listing/ 507/2025/413 dated January 14, 2025 regarding the recent news published about Bank Asia's announcement to auction the assets of S.S. Steel Limited. (cont.1) (Cont. news of SSSTEEL): The estimated exposure to Bank Asia, as reported, is BDT 167.56 crore. However, we are confident that through ongoing negotiations and legal proceedings, the resolution of this matter will not materially affect the company's operational capacity or its ability to meet financial commitments..." (end) (Cont. news of SSSTEEL): Despite these adversities, we have demonstrated resilience and remained committed to our stakeholders. In FY24, we achieved consolidated revenue of BDT 2,407 crore, reflecting a 62% growth compared to the previous financial year. It is important to emphasize that S. S. Steel Limited is committed to protecting the interests of our shareholders, customers, and other stakeholders. (cont.3) (Cont. news of SSSTEEL): We confirm that the published news relates to an ongoing financial matter between the company and Bank Asia. Our legal department is actively addressing this issue to safeguard the company's assets and interests. S. S. Steel Limited acknowledges the challenges it has faced in recent times, including economic turbulence, political uncertainty, and ongoing energy crises. (cont.2)
- Appointment of Company Secretary
The company has informed that the Board of Directors has approved the appointment of Mr. Mohammad Nuruzzaman, FCS as the Company Secretary of the company with effect from January 01, 2025.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.