United Power Generation & Distribution Company Ltd. announcements
221 Dhaka Stock Exchange announcements for United Power Generation & Distribution Company Ltd. (UPGDCL) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (31).
- Emerging Credit Rating Limited (ECRL) has assigned the surveillance rating of the Company as \"AAA\" in the long term an
Emerging Credit Rating Limited (ECRL) has assigned the surveillance rating of the Company as \"AAA\" 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 and other available information up to the date of rating declaration.
- (Q1 Un-audited): Consolidated EPS was Tk. 3.12 for July-September 2023 as against Tk. 5.00 for July-September 2022; Cons
(Q1 Un-audited): Consolidated EPS was Tk. 3.12 for July-September 2023 as against Tk. 5.00 for July-September 2022; Consolidated NOCFPS was Tk. 5.19 for July-September 2023 as against Tk. 5.58 for July-September 2022. Consolidated NAV per share was Tk. 56.35 as on September 30, 2023 and Tk. 53.22 as on June 30, 2023. (cont.)
- Q1 Financials
(Continuation news of UPGDCL): Consolidated EPS decreased mainly due to incurring a significant amount of exchange loss in foreign currency transactions. At the same time, borrowing cost has increased on the back of high inflation compared to the same period of the last year. (end)
The first part of this announcement is missing from the archive. - The auditor of the company has given the \"Other Matters and Emphasis of Matter\" paragraph in the Auditor\'s Report of
The auditor of the company has given the \"Other Matters and Emphasis of 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/15.UPGDCL.pdf
- 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 20, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- Resumption after Record date
Trading of the shares of the company will resume on 19.11.2023.
- The company has requested the shareholders to update the details (Shareholders Name, Routing Number to get Dividend onli
The company has requested the shareholders to update the details (Shareholders Name, Routing Number to get Dividend online through BEFTN system, BO ID Number, 12 digits e-TIN number along with other information including contact address before the Record Date. The company also requested the Brokerages/DPs/TREC Holders to take note of the following: Provide the details information of Margin Loan Holders who are eligible to receive Cash Dividend for the year ended 30th June 2023 (cont.)
- (Cont. news of UPGDCL): after the Record Date with the details (Shareholders Name, BO ID Number, client wise Shareholdin
(Cont. news of UPGDCL): after the Record Date with the details (Shareholders Name, BO ID Number, client wise Shareholding Position, Gross Dividend Receivable, applicable tax rate and net Dividend Receivable) Soft copy email to [email protected] or [email protected] before 14th December 2023. The hard copy shall be dispatched to the following address before 14th December 2023 at \"United House\", Madani Avenue, United City, Dhaka-1212. (end)
The first part of this announcement is missing from the archive. - Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 16.11.2023.
- 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 14.11.2023 to 15.11.2023 and trading of the shares will remain suspended on record date i.e., 16.11.2023.
- The Board of Directors has recommended 80\% cash dividend out of distributable profit of the company for the year ended
The Board of Directors has recommended 80\% cash dividend out of distributable profit of the company for the year ended June 30, 2023. Date of AGM: 14.12.2023, Time: 11:00 AM. Venue: Digital Platform. Record Date: 16.11.2023. The Company has also reported Consolidated EPS of Tk. 13.83, Consolidated NAV per share of Tk. 53.22 and Consolidated NOCFPS of Tk. 19.40 for the year ended June 30, 2023 as against Tk. 17.21, Tk. 56.38 and Tk. 1.89 respectively for the year ended June 30, 2022. (cont.1)
- (Continuation news of UPGDCL): Reasons for deviation in EPS and NOCFPS: Consolidated EPS decreased for incurring a signi
(Continuation news of UPGDCL): Reasons for deviation in EPS and NOCFPS: Consolidated EPS decreased for incurring a significant amount of exchange loss in foreign currency transactions incurred by subsidiary companies for the volatile foreign exchange situation, brought about by the sharp devaluation of the taka against the dollar. Banks have also raised the interest rate on the back of stubbornly high inflation compare to the same period last year. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of UPGDCL): Consolidated Net Operating Cash Flows per Share increased as a result of higher collectio
(Continuation news of UPGDCL): Consolidated Net Operating Cash Flows per Share increased as a result of higher collection from our customers during the reporting period (July 2022 to June 30, 2023) compared to same period last year. The company has also informed that no dividend has been declared out of the capital reserve account or the revaluation reserve (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 UPGDCL): or any unrealized gain or out of profit earned prior to the incorporation of the company, if any, or through reducing paid-up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (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 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Court's judgement sanctioning the scheme of amalgamation
Refer to their earlier news disseminated by DSE on 25.08.2022 regarding board approval of the scheme of amalgamation, the company has further informed that the Hon'ble Court has passed a judgement sanctioning the scheme of amalgamation.
- (Q3 Un-audited): Consolidated EPS was Tk. 4.28 for January-March 2023 as against Tk. 5.50 for January-March 2022; Consol
(Q3 Un-audited): Consolidated EPS was Tk. 4.28 for January-March 2023 as against Tk. 5.50 for January-March 2022; Consolidated EPS was Tk. 14.13 for July 2022-March 2023 as against Tk. 17.34 for July 2021-March 2022. Consolidated NOCFPS was Tk. 13.07 for July 2022-March 2023 as against Tk. 8.66 for July 2021-March 2022. Consolidated NAV per share was Tk. 53.51 as on March 31, 2023 and Tk. 56.38 as on June 30, 2022. (cont.)
- The company has informed that the Board of Directors of United Jamalpur Power Ltd. (UJPL), United Anwara Power Ltd. (UAn
The company has informed that the Board of Directors of United Jamalpur Power Ltd. (UJPL), United Anwara Power Ltd. (UAnPL) & United Energy Ltd. (UEL) which are 99\% owned subsidiaries of United Power Generation & Distribution Company Ltd. (UPGDCL) declared Interim Cash Dividends. United Jamalpur Power Ltd. declared Interim Cash Dividend @Tk. 260 per share, involving BDT 260,00,00,000.00 based (cont.)
- Q3 Financials
(Continuation news of UPGDCL): Reasons for significant deviation in EPS and NOCFPS: EPS has been decreased due to increase in gas price for IPP customers. NOCFPS has been increased due to the substantial collection of receivables from customers. (end)
The first part of this announcement is missing from the archive. - Subsidiaries of the company declaring interim cash dividends
(Continuation news of UPGDCL): on the un-audited Financial Statements for the period ended 31 March 2023. United Anwara Power Ltd. declared Interim Cash Dividend @Tk. 555 per share, involving BDT 555,00,00,000.00 based on the un-audited Financial Statements for the period ended 31 March 2023. United Energy Ltd. declared Interim Cash Dividend @Tk. 1,07,500 per share, involving BDT 322,50,00,000.00 based on the un-audited Financial Statements for the period ended 31 March 2023. (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 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- (Q2 Un-audited): Consolidated EPS was Tk. 4.84 for October-December 2022 as against Tk. 6.85 for October-December 2021;
(Q2 Un-audited): Consolidated EPS was Tk. 4.84 for October-December 2022 as against Tk. 6.85 for October-December 2021; Consolidated EPS was Tk. 9.85 for July-December 2022 as against Tk. 11.84 for July-December 2021. Consolidated NOCFPS was Tk. 9.59 for July-December 2022 as against Tk. (9.22) for July-December 2021. Consolidated NAV per share was Tk. 49.23 as on December 31, 2022 and Tk. 56.38 as on June 30, 2022. (cont.)
- The Company has informed that the Company which was formerly known as Malancha Holdings Ltd. entered into Power Supply A
The Company has informed that the Company which was formerly known as Malancha Holdings Ltd. entered into Power Supply Agreement (the PSA) dated 06 May 2007 and 16 May 2007 with Bangladesh Export Processing Zones Authority (BEPZA) for installation of commercial power plant in Dhaka EPZ and Chattogram EPZ respectively. (cont.1)
- (Continuation news of UPGDCL): Bangladesh Energy Regulatory Commission (BERC) issued license to the Company as Independe
(Continuation news of UPGDCL): Bangladesh Energy Regulatory Commission (BERC) issued license to the Company as Independent Power Producer (IPP) under the Policy Guidelines for enhancement of Private Participation in the Power Sector, 2008 (Policy 2008). Gas Supply Agreement (the GSA) was signed between Titas Gas Transmission & Distribution Company Ltd. and Karnaphuli Gas Distribution Company Ltd. and Clause 3.5 of the GSA provides (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of UPGDCL): that the gas price shall be set by the Government at the rate applicable for IPP. However
(Continuation news of UPGDCL): that the gas price shall be set by the Government at the rate applicable for IPP. However, the gas price applicable for the Company has been changed pursuant to the Ministry meeting minutes dated 02 January, 2018 to the effect that IPP rate has been changed and captive power plant rate has been imposed. Later on, the captive power plant rate has been changed and increased in such an extent that the selling price of electricity (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of UPGDCL): is lower than the raw material price going against the construction, generation, distribu
(Continuation news of UPGDCL): is lower than the raw material price going against the construction, generation, distribution, operation and maintenance of power industry. Under the above circumstances, pursuant to Clause 11(IV) of the Power Supply Agreement the Company has given notice to BEPZA dated 25 January, 2023 declaring the change as a Force Majeure event and for such reason notice for closing down the operation of power plants within Dhaka EPZ and Chattogram EPZ. (cont.4)
The first part of this announcement is missing from the archive. - Regarding Power Supply Agreement with BEPZA
(Continuation news of UPGDCL): BEPZA has denied to accept the Force Majeure notice and invited the Company for discussion to resolve the matter vide a letter dated 26 January, 2023. In consequence to that, the Company is still in the process of resolving the matter through discussion with BEPZA. (end)
The first part of this announcement is missing from the archive. - Q2 Financials
(Continuation news of UPGDCL): Reasons for deviation in EPS and NOCFPS: EPS was lower mainly for not receiving dividend from subsidiaries. During the period the economy is recovering from COVID-19 pandemic. The consolidated revenue and collection from customers from previous receivable have been increased. As a result, NOCFPS has been increased significantly. (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 February 05, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.