Stylecraft Limited announcements
270 Dhaka Stock Exchange announcements for Stylecraft Limited (STYLECRAFT) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (20).
- Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from December 18, 2022 as the Company has approved 2% cash dividend for the year ended June 30, 2022.
- Resumption after record date
Trading of the shares of the Company will resume on 27.11.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 24.11.2022.
- The auditor of the Stylecraft Limited has given the \"Qualified Opinion\" paragraphs in the Auditor\'s Report for the ye
The auditor of the Stylecraft Limited has given the \"Qualified Opinion\" paragraphs in the Auditor\'s Report for the year ended 30 June 2022. Basis for Qualified Opinion: a) Due to the following matters, there is a material uncertainty exists that may cast doubt on the company\'s ability to continue as a going concern. i) Revenue has decreased significantly (60\%) than the prior year. ii) Negative net operating cash flows per share are shown since the previous year. (cont.1)
- (Continuation news of STYLECRAFT): iii) Bank loan has Increased significantly. b) Worker\'s Profit Participation Fund (W
(Continuation news of STYLECRAFT): iii) Bank loan has Increased significantly. b) Worker\'s Profit Participation Fund (WPPF) has not been paid according to the Labour Law. c) In note no. 2.16 of notes to the financial statements, it is stated that Inventories are measured at cost price which is non-compliance with IAS-2 Inventories. As per para 9 of IAS 2, inventories shall be measured at the lower of cost and net realizable value. (cont.2)
The first part of this announcement is missing from the archive. - 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 22.11.2022 to 23.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 24.11.2022.
- Qualified Opinion
(Continuation news of STYLECRAFT): Note 2.16-Inventories/Stock of goods: Inventories comprise fabrics and accessories. Inventories/Stock of goods is measured at cost. The cost of inventories includes expenditure incurred in acquiring these inventories and bringing them to their existing location and condition. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.06 for July-September, 2022 as against Tk. (2.05) for July-September, 2021. NOCFPS was Tk. (3.73) for July-September, 2022 as against Tk. 1.40 for July-September, 2021. NAV per share was Tk. 17.13 as on September 30, 2022 and Tk. 17.07 as on June 30, 2022.
- 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 15, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- The Board of Directors has recommended 2\% cash dividend to general shareholders excluding the Sponsors and Directors fo
The Board of Directors has recommended 2\% cash dividend to general shareholders excluding the Sponsors and Directors for the year ended June 30, 2022. The Sponsors and Directors hold 53,89,139 shares out of total 1,38,84,750 shares of the Company and the cash dividend of Tk. 16,99,122.20 is payable to general shareholders who hold 84,95,611 shares. (cont.)
- Dividend Declaration
(Continuation news of STYLECRAFT): Date of AGM: 15.12.2022, Time: 12:00 PM, Venue: Digital Platform, Record Date: 24.11.2022. The Company has reported EPS of Tk. (5.11), NAV per share of Tk. 17.07 and NOCFPS of Tk. (23.28) for the year ended June 30, 2022 as against Tk. (0.93), Tk. 22.18 and Tk. (11.71) respectively for the same period of the previous year. (end)
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 (30.10.2022) 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.
- 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 27, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance entity rating of the Company as \"BBB2\
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance entity rating of the Company as \"BBB2\" in the long term and ?ST-3? in the short term along with Stable outlook based on audited financial statements up to June 30, 2021; Bank Liability position as on April 30, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- (Continuation news of STYLECRAFT): Reason for Significant deviation in EPS and NOCFPS: EPS decreased due to decrease in
(Continuation news of STYLECRAFT): Reason for Significant deviation in EPS and NOCFPS: EPS decreased due to decrease in sales. NOCFPS decreased due to excess payment compare to collection and such excess fund raises through bank loan. (end)
The first part of this announcement is missing from the archive. - Q3 Financials
(Q3 Un-audited): EPS was Tk. (0.65) for January-March 2022 as against Tk. 0.52 for January-March 2021; EPS was Tk. (4.86) for July 2021-March 2022 as against Tk. (0.56) for July 2020-March 2021. NOCFPS was Tk. (26.33) for July 2021-March 2022 as against Tk. (4.51) for July 2020-March 2021. NAV per share was Tk. 17.33 as on March 31, 2022 and Tk. 22.18 as on March 31, 2021. (cont.)
- 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 26, 2022 at 3:00 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. (2.15) for October-December 2021 as against Tk. (0.89) for October-December 2020; EPS was T
(Q2 Un-audited): EPS was Tk. (2.15) for October-December 2021 as against Tk. (0.89) for October-December 2020; EPS was Tk. (4.20) for July-December 2021 as against Tk. (1.08) for July-December 2020. NOCFPS was Tk. (18.69) for July-December 2021 as against Tk. (7.68) for July-December 2020. NAV per share was Tk. 17.98 as on December 31, 2021 and Tk. 22.18 as on June 30, 2021. (Cont.)
- Q2 Financials
(Continuation news of STYLECRAFT): EPS is decreased in this period comparatively last year's period due to decrease of sales. NOCFPS is negative because of excess payment compare to collection and such excess fund raises through bank loan. (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 31, 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.