VFS Thread Dyeing Limited announcements
118 Dhaka Stock Exchange announcements for VFS Thread Dyeing Limited (VFSTDL) since 2018: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (21).
- National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the Company as \"BBB+\" in the lon
National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the Company as \"BBB+\" in the long term and \"ST-3\" in the short term along with Developing outlook based on audited financial statements of the Company as on June 30, 2022.
- Resumption after record date
Trading of the shares of the Company will resume on 20.11.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2022
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.23 for July-September 2022 as against Tk. 0.40 for July-September 2021; NOCFPS was Tk. 0.24 for July-September 2022 as against Tk. 0.83 for July-September 2021. NAV per share was Tk. 19.59 as on September 30, 2022 and Tk. 19.10 as on September 30, 2021.
- The auditor of the VFS Thread Dyeing Limited has given the \"Emphasis of matter\" paragraphs in the Auditor\'s Report fo
The auditor of the VFS Thread Dyeing Limited has given the \"Emphasis of matter\" paragraphs in the Auditor\'s Report for the year ended 30 June, 2022. Emphasis of matter: The volume of inventories is high in comparison to purchase, production capacity, cost of goods sold and turnover as a whole. However, technical status report as on 30 June, 2022 on the quantity, quality and value of inventories has been provided to us done by the management. (Cont.1)
- (Continuation news of VFSTDL): The company provided us a written explanation regarding the increase in volume of invento
(Continuation news of VFSTDL): The company provided us a written explanation regarding the increase in volume of inventories and slow movement of stock. Physical existence with good condition was confirmed after year end. As disclosed in note no. 10.00 of the financial statements related to trade receivable, the balance of the trade receivables has been increasing years to years. About 89\% of total sales are lying as trade receivables. (Cont.2)
The first part of this announcement is missing from the archive. - Emphasis of matter
(Continuation news of VFSTDL): The ageing period is unlikely in comparison to other companies of the same industry. Hence, recovery of trade receivable and also existence of the balances as on date is doubtful, but no provision for bad debts has been accounted for. Confirmations/certificate of lying balances as on 30 June, 2022 with the concerned parties were requested but not received. (end)
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 15.11.2022 to 16.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2022.
- 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 14, 2022 at 3:30 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 5\% Stock Dividend for the year ended June 30, 2022. The Stock Dividend is subjec
The Board of Directors has recommended 5\% Stock Dividend for the year ended June 30, 2022. The Stock Dividend is subject to the approval of BSEC. Date of AGM: 29.12.2021, Time: 11:30 AM, Venue: Digital Platform. Record Date: 17.11.2022. Another record date for entitlement of Stock Dividend will be notified later after getting approval from BSEC. (cont.1)
- (Continuation news of VFSTDL): The Company has also reported EPS of Tk. 1.42, NAV per share of Tk. 19.36 and NOCFPS of T
(Continuation news of VFSTDL): The Company has also reported EPS of Tk. 1.42, NAV per share of Tk. 19.36 and NOCFPS of Tk. 0.58 for the year ended June 30, 2022 as against Tk. 1.50, Tk. 18.70 and Tk. (0.67) respectively for the same period of the previous year. Reasons for declaration of Bonus share: a) Retained amount of bonus share is to be used as capital for further business expansion. b) Bonus share is (cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of VFSTDL): declared out of accumulated profit. c) Bonus share is not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the company 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. - 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 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.51 for January-March 2022 as against Tk. 0.41 for January-March 2021; EPS was Tk. 1.40 for July 2021-March 2022 as against Tk. 1.27 for July 2020-March 2021. NOCFPS was Tk. 1.87 for July 2021-March 2022 as against Tk. 0.89 for July 2020-March 2021. NAV per share was Tk. 19.34 as on March 31, 2022 and Tk. 18.70 as on June 30, 2021.
- 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, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the Company as \"BBB+\" in the lon
National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the Company as \"BBB+\" in the long term and \"ST-3\" in the short term along with a developing outlook based on audited financial statements as on June 30, 2021.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders
- Query Response
In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.49 for October-December 2021 as against Tk. 0.48 for October-December 2020; EPS was Tk. 0.88 for July-December 2021 as against Tk. 0.87 for July-December 2020. NOCFPS was Tk. 1.09 for July-December 2021 as against Tk. 0.73 for July-December 2020. NAV per share was Tk. 18.82 as on December 31, 2021 and Tk. 18.07 as on December 31, 2020.
- 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, 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.