United Finance PLC. announcements
294 Dhaka Stock Exchange announcements for United Finance PLC. (UNITEDFIN) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (23).
- Appointment of Managing Director
The Company has informed that Mr. Mohammad Rafiqul Islam has been appointed for the position of Managing Director of the Company with effect from November 01, 2023.
- (Q3 Un-audited): EPS was Tk. 0.05 for July-September 2023 as against Tk. 0.09 for July-September 2022; EPS was Tk. 0.11
(Q3 Un-audited): EPS was Tk. 0.05 for July-September 2023 as against Tk. 0.09 for July-September 2022; EPS was Tk. 0.11 for January-September 2023 as against Tk. 0.25 for January-September 2022. NOCFPS was Tk. (0.59) for January-September 2023 as against Tk. (10.20) for January-September 2022. NAV per share was Tk. 16.67 as on September 30, 2023 and Tk. 17.06 as on December 31, 2022. (cont.1)
- (Continuation news of UNITEDFIN): Reasons for deviation: Principal reason behind the decrease in EPS is the reduction of
(Continuation news of UNITEDFIN): Reasons for deviation: Principal reason behind the decrease in EPS is the reduction of operating income by BDT 102.10 million compared to same period last year. On the other hand, operating expense, lease/loan provision and tax expense decreased by BDT 27.88 million, BDT 20.98 million and BDT 26.48 million respectively. In aggregate these resulted in the reduction of net profit after tax by BDT 26.76 million (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of UNITEDFIN): in comparison to same period last year causing the decrease in EPS. Principal reason b
(Continuation news of UNITEDFIN): in comparison to same period last year causing the decrease in EPS. Principal reason behind the variance in NOCFPS is decrease in cash utilization for disbursement of loans and advances by BDT 3,209.22 million and increase in receipt of short term loan by BDT 714.47 million. (cont.3)
The first part of this announcement is missing from the archive. - Q3 Financials
(Continuation news of UNITEDFIN): Moreover, utilization of cash in operating activities increased by BDT 58.68 million. On the other hand, cash generation from term and other deposits decreased by BDT 1,939.00 million while cash utilization in various other assets and labilities in aggregate increased by BDT 127.29 million. As a result, cash utilization in aggregate decreased by BDT 1,798.71 million. (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 October 30, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- (Q2 Un-audited): EPS was Tk. 0.03 for April-June 2023 as against Tk. 0.07 for April-June 2022; EPS was Tk. 0.06 for Janu
(Q2 Un-audited): EPS was Tk. 0.03 for April-June 2023 as against Tk. 0.07 for April-June 2022; EPS was Tk. 0.06 for January-June 2023 as against Tk. 0.17 for January-June 2022. NOCFPS was Tk. (2.58) for January-June 2023 as against Tk. (8.78) for January-June 2022. NAV per share was Tk. 16.61 as on June 30, 2023 and Tk. 17.06 as on December 31, 2022. (cont.)
- Q2 Financials
(Continuation news of UNITEDFIN): The company has reported that principal reason behind the decrease in EPS is the reduction of operating income compared to the same period of last year. Principal reason behind the variance in NOCFPS is decrease in cash utilization for disbursement of loans and advances and increase in receipt of short term 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 July 27, 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.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2022 to the respective shareholders.
- Emerging Credit Rating Limited (ECRL) has affirmed Surveillance rating of the Company as \"AA-\" in the long term and \"
Emerging Credit Rating Limited (ECRL) has affirmed Surveillance rating of the Company as \"AA-\" in the long term and \"ST-2\" in the short term along with Stable outlook based on the audited financial statements up to December 31, 2022 and other available information up to the date of rating declaration.
- Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from May 29, 2023 as the Company has approved 5% cash dividend for the year ended December 31, 2022.
- (Q1 Un-audited): EPS was Tk. 0.03 for January-March 2023 as against Tk. 0.09 for January-March 2022. NOCFPS was Tk. (0.6
(Q1 Un-audited): EPS was Tk. 0.03 for January-March 2023 as against Tk. 0.09 for January-March 2022. NOCFPS was Tk. (0.66) for January-March 2023 as against Tk. (11.98) for January-March 2022. NAV per share was Tk. 17.08 as on March 31, 2023 and Tk. 17.06 as on December 31, 2022. EPS decreased due to reduction of operating income and increase of operating expense compared to same period of last year. (cont.)
- Q1 Financials
(Continuation news of UNITEDFIN): Reason behind the variance in NOCFPS is decrease in cash utilization for disbursement of loans and advances, increase in receive of short term loan and decrease in utilization of cash in operating activities. On the other hand, cash generation from term and other deposits decreased while cash utilization in various other assets and liabilities in aggregate decreased. (end)
The first part of this announcement is missing from the archive. - Appointment of Chief Financial Officer
The Company has informed that Mr. Lingkon Mondal, FCA, has been appointed as Chief Financial Officer of the company with effect from May 03, 2023.
- 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 May 11, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- Resumption after record date
Trading of the shares of the company will resume on 17.04.2023.
- Suspension for record date
Trading of the shares of the company will be suspended on record date i.e., 16.04.2023
- 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 12.04.2023 to 13.04.2023 and trading of the shares will remain suspended on record date i.e., 16.04.2023.
- Resignation of Independent Director
The company has informed that Mr. Mahbub Mustafizur Rahman has resigned from his position of Independent Director of the company with immediate effect.
- Dividend Declaration
The Board of Directors has recommended 5% cash dividend for the year ended December 31, 2022. Date of AGM: 25.05.2023, Time: 11:30 AM, Venue: Digital Platform. Record date: 16.04.2023. The Company has also reported EPS of Tk. 0.76, NAV per share of Tk. 17.06 and NOCFPS of Tk. (12.47) for the year ended December 31, 2022 as against Tk. 1.19, Tk. 17.30 and Tk. 5.63 respectively for the year ended December 31, 2021.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (27.03.2023) following its corporate declaration. However, 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 March 23, 2023 at 3:00 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.