Titas Gas Transmission and Distribution PLC announcements
332 Dhaka Stock Exchange announcements for Titas Gas Transmission and Distribution PLC (TITASGAS) since 2008: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2013 (16).
- Auditors Observation
(Qualified Opinion): "Hoda Vasi Chowdhury & Co", Auditor of the company has given the following qualified opinion in the audit report of the company for the year ended on 30 June 2013: " (1) Value of Inventory as on 30 June 2013 has been shown in Inventory Management Software (Tally) as BDT 1,737.40 million and as per general ledger the amount is BDT 1,887.40 million; results a difference of BDT 150.00 million, has been remained un-reconciled since 2007 as a consequence of error in Inventory Management Software. For these TGTDCL failed to reflect the true picture in the statement of financial position and overstated the asset by the same amount as on 30 June 2013. (Continuation of News of TITASGAS): (2) Customer Security Deposit as on 30 June 2013 has been shown in the statement of financial position as BDT 7,660.66 million and as per zone ledgers the amount is BDT 7,778.40 million; results a difference of BDT 117.74 million as a consequence of error in recording customer ledger in some of the Dhaka Zonal Offices and cash deposit for connections despite of Govt. decision to stop further domestic connections in years between 2010-11 and 2011-12. TGTDCL failed to consider the economic event in accrual basis and understated the liability by the same amount as on 30 June 2013."
- (Qualified Opinion): "Hoda Vasi Chowdhury & Co", Auditor of the company has given the following qualified opinion in the
(Qualified Opinion): "Hoda Vasi Chowdhury & Co", Auditor of the company has given the following qualified opinion in the audit report of the company for the year ended on 30 June 2013: " (1) Value of Inventory as on 30 June 2013 has been shown in Inventory Management Software (Tally) as BDT 1,737.40 million and as per general ledger the amount is BDT 1,887.40 million; results a difference of BDT 150.00 million, has been remained un-reconciled since 2007 as a consequence of error in Inventory Management Software. For these TGTDCL failed to reflect the true picture in the statement of financial position and overstated the asset by the same amount as on 30 June 2013. (Cont.)
- (Continuation of News of TITASGAS): (2) Customer Security Deposit as on 30 June 2013 has been shown in the statement of
(Continuation of News of TITASGAS): (2) Customer Security Deposit as on 30 June 2013 has been shown in the statement of financial position as BDT 7,660.66 million and as per zone ledgers the amount is BDT 7,778.40 million; results a difference of BDT 117.74 million as a consequence of error in recording customer ledger in some of the Dhaka Zonal Offices and cash deposit for connections despite of Govt. decision to stop further domestic connections in years between 2010-11 and 2011-12. TGTDCL failed to consider the economic event in accrual basis and understated the liability by the same amount as on 30 June 2013." (End)
The first part of this announcement is missing from the archive. - (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2013 (July'13 to Sep'13), the Com
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2013 (July'13 to Sep'13), the Company has reported net profit after tax of Tk. 2,138.57 million with EPS of Tk. 2.16 as against Tk. 2,168.92 million and Tk. 2.19 respectively for the same period of the previous year.
- Normal trading of the shares of the Company will resume on 06.11.2013 after record date.
Normal trading of the shares of the Company will resume on 06.11.2013 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 05.11.2013.
Trading of the shares of the Company will remain suspended on record date i.e., 05.11.2013.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 31.10.2013 to 04.11.2013. Trading of the shares of the Company will remain suspended on record date i.e., 05.11.2013.
- The Board of Directors has recommended cash dividend @ 35% (i.e. Tk. 3.50 per share of Tk. 10.00 each) for the year ende
The Board of Directors has recommended cash dividend @ 35% (i.e. Tk. 3.50 per share of Tk. 10.00 each) for the year ended on June 30, 2013. Date of AGM: 24.12.2013, Time: 10:00 AM, Venue: Officers' Club, Dhaka. Record date: 05.11.2013. The Company has also reported EPS of Tk. 9.20, NAV per share of Tk. 46.26 and NOCFPS of Tk. 7.01 for the year ended on June 30, 2013.
- There will be no price limit on the trading of the shares of the Company today (23.10.2013) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (23.10.2013) following its corporate declaration.
- As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on October 22, 2013 at 5:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2013.
- Q3 Earnings
As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2013 (Jan'13 to March'13), the Company has reported net profit after tax of Tk. 2,163.07 million with EPS of Tk. 2.19 as against Tk. 2,039.74 million and Tk. 2.06 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 6,291.99 million with EPS of Tk. 6.36 for the period of nine months (July'12 to March'13) ended on 31.03.2013 as against Tk. 6,076.22 million and Tk. 6.14 (restated) respectively for the same period of the previous year.
- (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2013 (Jan'13 to March'13), the Compan
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2013 (Jan'13 to March'13), the Company has reported net profit after tax of Tk. 2,163.07 million with EPS of Tk. 2.19 as against Tk. 2,039.74 million and Tk. 2.06 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 6,291.99 million with EPS of Tk. 6.36 for the period of nine months (July'12 to March'13) ended on 31.03.2013 as against Tk. 6,076.22 million and Tk. 6.14 (restated) respectively for the same period of the previous year.
- HY Earnings 2012-13
As per un-audited half yearly accounts as on 31.12.2012 (July'12 to Dec'12), the Company has reported net profit after tax of Tk. 4,128.92 million with basic EPS of Tk. 4.38 as against Tk. 4,036.48 million and Tk. 4.28 respectively for the same period of the previous year. However considering bonus share @ 5% for the year 2012, restated basic EPS is Tk. 4.17 as on 31.12.2012 (July'12 to Dec'12) and Tk. 4.08 as on 31.12.2011 (July'11 to Dec'11). Whereas net profit after tax was Tk. 1,960.01 million with basic EPS of Tk. 2.08 for the period of 3 months (Oct'12 to Dec'12) ended on 31.12.2012 as against Tk. 2,243.14 million and Tk. 2.38 respectively for the same period of the previous year. However considering bonus share @ 5% for the year 2012, restated basic EPS is Tk. 1.98 as on 31.12.2012 (Oct'12 to Dec'12) and Tk. 2.27 as on 31.12.2011 (Oct'11 to Dec'11).
- The Company has informed that it has credited the bonus shares for the year ended on June 30, 2012 to the respective sha
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2012 to the respective shareholders' BO Accounts on January 27, 2013.
- (H/Y): As per un-audited half yearly accounts as on 31.12.2012 (July'12 to Dec'12), the Company has reported net profit
(H/Y): As per un-audited half yearly accounts as on 31.12.2012 (July'12 to Dec'12), the Company has reported net profit after tax of Tk. 4,128.92 million with basic EPS of Tk. 4.38 as against Tk. 4,036.48 million and Tk. 4.28 respectively for the same period of the previous year. However considering bonus share @ 5% for the year 2012, restated basic EPS is Tk. 4.17 as on 31.12.2012 (July'12 to Dec'12) and Tk. 4.08 as on 31.12.2011 (July'11 to Dec'11). (cont.)
- (continuation of news of TITASGAS - H/Y): Whereas net profit after tax was Tk. 1,960.01 million with basic EPS of Tk. 2.
(continuation of news of TITASGAS - H/Y): Whereas net profit after tax was Tk. 1,960.01 million with basic EPS of Tk. 2.08 for the period of 3 months (Oct'12 to Dec'12) ended on 31.12.2012 as against Tk. 2,243.14 million and Tk. 2.38 respectively for the same period of the previous year. However considering bonus share @ 5% for the year 2012, restated basic EPS is Tk. 1.98 as on 31.12.2012 (Oct'12 to Dec'12) and Tk. 2.27 as on 31.12.2011 (Oct'11 to Dec'11). (end)
The first part of this announcement is missing from the archive.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.