Walton Hi-Tech Industries PLC announcements
154 Dhaka Stock Exchange announcements for Walton Hi-Tech Industries PLC (WALTONHIL) since 2021: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (53).
- Credit Rating Result
Emerging Credit Rating Limited has affirmed Surveillance rating of the Company as "AAA" in the long term and "ST-1" in the short term along with a Stable outlook based on audited financial statements from FY2021 to FY2024 and 1st quarter unaudited financial statements of FY2025 with other relevant information up to the date of rating.
- Confirmation of share transfer by a Sponsor Director
The company has informed that Mr. S. M. Rezaul Alam, a Sponsor Director of the company, has completed his transfer of 6,060,000 shares of the company to his daughter Ms. Roshmi Ruhi and 6,060,000 shares of the company to his spouse Ms. Fahima Husna as per declaration disseminated by DSE on 27.11.2024.
- Declaration of share transfer by a Sponsor Director
Mr. S. M. Rezaul Alam, a Sponsor Director of the company, has expressed his intention to transfer 6,060,000 shares of the company to his daughter Ms. Roshmi Ruhi and 6,060,000 shares of the company to his spouse Ms. Fahima Husna (both are General Shareholder of the company), by way of gift outside the trading system of the Exchange within next thirty working days with effect from November 25, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2024 to the respective shareholders.
- Regarding Signing MoU with Monik Trading
The company has informed that it has reached a Memorandum of Understanding (MoU) with Monik Trading Private Limited, a corporation/company duly incorporated under the Companies Act/relevant laws and having its Head office at NO 371 Passara Road, Viharagoda, Badulla, Post Code: 9000, Sri Lanka. The purpose of the MOU is to establish a cooperative and mutually beneficial relationship between the Walton Hi-Tech Industries PLC. (cont.) (cont. news of WALTONHIL): and Monik Trading Private Limited as they are related to implement a business roadmap through intensive continuous products purchase, marketing, quality customer service and product promotion targeting to develop joint brands in designated arena to extend the market. (end)
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 4.92 for July-September 2024 as against Tk. 6.67 for July-September 2023; NOCFPS was Tk. 3.92 for July-September 2024 as against Tk. 16.68 for July-September 2023. NAV per share with revaluation was Tk. 384.22 as on September 30, 2024 and Tk. 379.30 as on June 30, 2024; NAV per share without revaluation was Tk. 282.80 as on September 30, 2024 and Tk. 277.86 as on June 30, 2024. Reasons for deviation in EPS and NOCFPS: (cont.1) (cont. news of WALTONHIL): Additionally, payments to suppliers and the Government Exchequer increased to accommodate higher material purchases necessary for sustaining sales growth. These strategic adjustments in cash flows reflect their commitment to fostering long-term growth and maintaining a resilient operational foundation to support their market presence. (end) (cont. news of WALTONHIL): As a result, EPS of the Company stood at Tk. 4.92 for the period ended 30 September 2024 compared to Tk. 6.67 for the same period of the previous year. NOCFPS for the period ended 30 September 2024 stood at Tk. 3.92 and in comparative period it was Tk. 16.68. This reduction is primarily due to decreased collections from customers as they extended supportive credit terms to strengthen their distribution network, ensuring market stability and sustainability. (cont.4) (cont. news of WALTONHIL): combined with increased interest expenses and sales & distribution costs, led to a reduction in net profit after tax, which decreased by Tk. 53.04 Crore to Tk. 149.03 Crore, representing 12.27% of sales, down from 16.79% in the previous period. These factors collectively impacted the Company's profitability, reflecting the current financial environment's challenges. (cont.3) (cont. news of WALTONHIL): The operating profit margin decreased slightly to 21.38% from 22.58% in the prior period, while finance costs rose to 10.12% of sales, up from 5.22%. This increase of finance costs was primarily driven by increase of foreign currency losses for currency devaluation and the impact of higher interest rates on short term loans. Foreign currency losses totaling Tk. 45.85 Crore, (cont.2)
- 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 11, 2024 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Confirmation of Share Transfer by a Sponsor Director
Mr. S. M. Ashraful Alam, a Sponsor Director of the company, has further informed that he has completed his transfer of 3,030,000 shares to his spouse Ms. Sonia Akter by way of gift outside the trading system of the Exchange as per news disseminated by DSE on 24.10.2024.
- Declaration of Share Transfer by a Sponsor Director
Mr. S. M. Ashraful Alam, a Sponsor Director of the company, has expressed his intention to transfer a total of 3,030,000 shares of the company to his spouse Ms. Sonia Akter by way of gift outside the trading system of the Exchange within next thirty working days with effect from October 22, 2024.
- Confirmation of Share Transfer by a Director
The company has informed that Mr. S. M. Monjurul Alam Ovee, a Director of the company, has completed his transfer of total 12,000,000 shares of the company comprising 6,857,142 shares to his father Mr. S.M. Nurul Alam Rezvi (a sponsor director of the company) and 5,142,858 shares to his mother Ms. Sultana Parven Lucky (general shareholder of the company) by way of gift outside the trading system of the Exchange as per news disseminated by DSE on 26.09.2024.
- Confirmation of Share Transfer by a Sponsor Director
The company has informed that Mr. S. M. Mahbubul Alam, a Sponsor Director of the company, has completed his transfer of 6,000,000 shares to his spouse Ms. Zakia Sultana by way of gift outside the trading system of the Exchange as per news disseminated by DSE on 26.09.2024.
- Resumption after record date
Trading of the shares of the company will resume on 01.10.2024.
- Confirmation of Share Transfer by a Sponsor Director
The company has informed that Mr. S. M. Mahbubul Alam, a Sponsor Director of the company, has completed the transfer of 14,500,000 shares of the company comprising 6,060,000 shares to his daughter Ms. Nishat Tasnim Shuchi, 6,060,000 shares to his son Mr. Shadman Sakib Dipro and 2,380,000 shares to his spouse Ms. Zakia Sultana by way of gift outside the trading system as per declaration news disseminated by DSE on 23.09.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 30.09.2024.
- Declaration of Share Transfer by a Director
Mr. S. M. Monjurul Alam Ovee, a Director of the company, has expressed his intention to transfer a total of 12,000,000 shares of the company comprising 6,857,142 shares to his father Mr. S.M. Nurul Alam Rezvi (a sponsor director of the company) and 5,142,858 shares to his mother Ms. Sultana Parven Lucky (general shareholder of the company) by way of gift outside the trading system of the Exchange within next thirty working days with effect from September 24, 2024.
- Declaration of Share Transfer by a Sponsor Director
Mr. S. M. Mahbubul Alam, a Sponsor Director of the company, has expressed his intention to transfer 6,000,000 shares to his spouse Ms. Zakia Sultana by way of gift outside the trading system of the Exchange within next thirty working days with effect from September 24, 2024.
- 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 26.09.2024 to 29.09.2024 and trading of the shares of the company will remain suspended on record date i.e., 30.09.2024.
- The company has informed that Mr. S. M. Ashraful Alam, a Sponsor Director of the company, has completed his transfer of
The company has informed that Mr. S. M. Ashraful Alam, a Sponsor Director of the company, has completed his transfer of total 12,120,000 shares of the company comprising 6,060,000 shares to his son Mr. Shahriar Alam Shuvo and 6,060,000 shares to his daughter Ms. Fariha Alam Prova by way of gift outside the trading system of the Exchange as per news disseminated on 19.09.2024.
- Confirmation of Share Transfer by a Sponsor Director
The company has informed that Mr. S. M. Nurul Alam Rezvi, a Sponsor Director of the company, has completed his transfer of 9,000,000 shares of the company to his daughter Ms. Rifah Tasnia Swarna by way of gift outside the trading system of the Exchange as per news disseminated on 19.09.2024.
- Declaration of Share Transfer by a Sponsor Director
Mr. S. M. Mahbubul Alam, a Sponsor Director of the company, has expressed his intention to transfer a total of 14,500,000 shares of the company comprising 6,060,000 shares to his daughter Ms. Nishat Tasnim Shuchi, 6,060,000 shares to his son Mr. Shadman Sakib Dipro and 2,380,000 shares to his spouse Ms. Zakia Sultana by way of gift outside the trading system of the Exchange within next thirty working days with effect from September 22, 2024.
- Other Matters
The auditor of the company has given the "Other Matters" paragraph in the Auditor's Report of the company for the year ended June 30, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/September/WALTONHIL_2024.pdf
- Confirmation of Share Transfer by a Sponsor Director
The company has informed that Mr. S. M. Shamsul Alam, a Sponsor Director of the company, has completed his transfer of total 3,64,39,253 shares of the company comprising 9,175,701 shares to his daughter Ms. Tahmina Afrose Tanna (a director of the company); 18,175,701 shares to his daughter Ms. Sabiha Jarin Orona and 9,087,851 shares to his spouse Ms. Shahinur Akter Jolly by way of gift outside the trading system of the Exchange as per news disseminated on 15.09.2024.
- Mr. S. M. Ashraful Alam, a Sponsor Director of the company, has expressed his intention to transfer a total of 12,120,00
Mr. S. M. Ashraful Alam, a Sponsor Director of the company, has expressed his intention to transfer a total of 12,120,000 shares of the company comprising 6,060,000 shares to his son Mr. Shahriar Alam Shuvo and 6,060,000 shares to his daughter Ms. Fariha Alam Prova by way of gift outside the trading system of the Exchange within next thirty working days with effect from September 17, 2024.
- Declaration of Share Transfer by a Sponsor Director
Mr. S. M. Nurul Alam Rezvi, a Sponsor Director of the company, has expressed his intention to transfer 9,000,000 shares of the company to his daughter Ms. Rifah Tasnia Swarna by way of gift outside the trading system of the Exchange within next thirty working days with effect from September 17, 2024.
- Mr. S. M. Shamsul Alam, a Sponsor Director of the company, has expressed his intention to transfer a total of 36,439,253
Mr. S. M. Shamsul Alam, a Sponsor Director of the company, has expressed his intention to transfer a total of 36,439,253 shares of the company comprising 9,175,701 shares to his daughter Ms. Tahmina Afrose Tanna (a director of the company); 18,175,701 shares to his daughter Ms. Sabiha Jarin Orona (general shareholder of the company) (cont.)
- Declaration of Share Transfer by a Sponsor Director
(cont. news of WALTONHIL): and 9,087,851 shares to his spouse Ms. Shahinur Akter Jolly (general shareholder of the company) by way of gift outside the trading system of the Exchange within next thirty working days with effect from September 11, 2024. (end)
The first part of this announcement is missing from the archive. - The Board of Directors has recommended 350\% Cash dividend for General Public shareholders and 200\% Cash dividend for D
The Board of Directors has recommended 350\% Cash dividend for General Public shareholders and 200\% Cash dividend for Directors and Sponsors for the year ended June 30, 2024. Date of AGM: 29.10.2024, Time: 12:00 PM, Venue: Hybrid System. Record Date: 30.09.2024. (cont.1)
- (Continuation news of WALTONHIL): The Company has also reported EPS of Tk. 44.78, NAV per share of Tk. 379.30 (with reva
(Continuation news of WALTONHIL): The Company has also reported EPS of Tk. 44.78, NAV per share of Tk. 379.30 (with revaluation), Tk. 277.86 (without revaluation) and NOCFPS of Tk. 56.96 for the year ended June 30, 2024 as against Tk. 25.84, Tk. 343.73 (with revaluation), Tk. 242.18 (without revaluation) and Tk. 111.84 respectively for the year ended June 30, 2023. EPS of the Company increased significantly because of the operating profit margin of the Company improved to 25.02\% from 23.46\% (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of WALTONHIL): in the comparative year, while the finance cost percentage on sales decreased to 6.11\
(Continuation news of WALTONHIL): in the comparative year, while the finance cost percentage on sales decreased to 6.11\% from 11.35\%, largely due to lower impact from devaluation against foreign currencies. Despite suffering of foreign currency losses of Tk. 157.45 Crore, net profit after tax of the Company for the year ended June 30, 2024 increased by Tk. 573.85 Crore to Tk. 1,356.53 Crore, reaching 18.06\% of revenue compared to 11.79\% in the comparative year. (cont.3)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of WALTONHIL): The decrease in NOCFPS is primarily due to increased payments to suppliers and the Government Exchequer. These payments were necessary due to higher material purchases and sustainable sales growth. Additionally, the collection percentage was slightly lower as they extended support to their business stakeholders to maintain a robust and sustainable distribution network in the market. (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 (05.09.2024) following its corporate declaration.
- 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 04-Sep-2024 at 03:00 PM to consider, among others, audited financial statements of the Company for the year ended on 30-Jun-2024.
- Sale and Transfer Confirmation of a Sponsor Director
Please refer to their earlier news disseminated by DSE on 14.01.2024 and 30.04.2024 regarding sale declarations of Mr. S. M. Ashraful Alam who is one of the Sponsor Directors of the Company. In this connection, the company has informed that Mr. S.M. Ashraful Alam has executed the declarations by selling 56,109 shares through the trading system of the Exchange and transferring 193,891 shares to his son Mr. Shahriar Alam Shuvo, by way of gift, outside the trading system of the Exchange.
- Sale Confirmation of a Sponsor Director
Mr. S. M. Mahbubul Alam, a Sponsor Director of the Company, has further informed that he has completed his sale of 1,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 14.12.2022.
- Sale confirmation of a Sponsor Director
Mr. S. M. Rezaul Alam, a Sponsor Director of the Company, has further informed that he has completed his sale of 500,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 30.04.2024.
- Sale Confirmation of a Sponsor Director
The company has informed that Mr. S. M. Rezaul Alam, a Sponsor Director of the Company, has completed his sale of 3,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 18.04.2024.
- Sale Confirmation of a Sponsor Director
Mr. S. M. Ashraful Alam, a Sponsor Director of the Company, has further informed that he has completed his sale of 100,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 04.01.2023.
- Sale Confirmation of a Sponsor Director
Mr. S. M. Ashraful Alam, a Sponsor Director of the Company, has further informed that he has completed his sale of 10,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 24.04.2024.
- Mr. S. M. Rezaul Alam, one of the Sponsor Directors of the Company, has expressed his intention to sell 500,000 shares o
Mr. S. M. Rezaul Alam, one of the Sponsor Directors of the Company, has expressed his intention to sell 500,000 shares out of his holding of 38,832,090 shares of the company at prevailing market price (in the Public/Block Market) through Dhaka Stock Exchange PLC. within June 30, 2024 as per BSEC letter no. BSEC/SRIC/160-2020/111, dated April 30, 2024.
- Sale Declaration of a Sponsor Director
Mr. S. M. Ashraful Alam, one of the Sponsor Directors of the Company, has expressed his intention to sell 100,000 shares out of his holding of 65,681,989 shares of the company at prevailing market price (in the Public/Block Market) through Dhaka Stock Exchange PLC. within June 30, 2024 as per BSEC letter no. BSEC/SRIC/160-2020/111, dated April 30, 2024.
- Introduction of a new product 'Walton Solar Solution'
The company has informed that it has introduced a new product 'Walton Solar Solution' under the existing production line of Walton Electrical Appliances.
- Sale Declaration of a Sponsor Director
Mr. S. M. Ashraful Alam, one of the Sponsor Directors of the Company, has expressed his intention to sell 10,000 shares out of his holding of 65,688,088 shares of the company at prevailing market price (in the Public/Block Market) through Dhaka Stock Exchange PLC. within April 30, 2024.
- Q3 Financials
(Continuation news of WALTONHIL): for higher amount of Material purchase and sustainable Sales growth respectively. In addition, collection percentage is also relatively low due to enabling support to business stakeholders for maintaining sustainable distribution network in the field. (end)
The first part of this announcement is missing from the archive. - Sale Declaration of a Sponsor Director
Mr. S. M. Rezaul Alam, one of the Sponsor Directors of the Company, has expressed his intention to sell 300,000 shares out of his holding of 38,900,000 shares of the company at prevailing market price (in the Public/Block Market) through Dhaka Stock Exchange PLC. within next 30 working days.
- 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 21, 2024 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Sale Confirmation of a Sponsor Director
Mr. S. M. Rezaul Alam, a Sponsor Director of the Company, has further informed that he has completed his sale of 100,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 08.02.2024.
- Sale Declaration of a Sponsor Director
Mr. S. M. Rezaul Alam, one of the Sponsor Directors of the Company, has expressed his intention to sell 100,000 shares out of his holding of 39,000,000 shares of the company at prevailing market price (in the Public/Block Market) through Dhaka Stock Exchange PLC. within next 30 working days.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 4.56 for October-December 2023 as against Tk. 2.00 for October-December 2022; EPS was Tk. 11.24 for July-December 2023 as against Tk. 0.47 for July-December 2022. NOCFPS was Tk. 27.16 for July-December 2023 as against Tk. 61.07 for July-December 2022. NAV per share was Tk. 345.75 (with revaluation) as on December 31, 2023 and Tk. 343.73 as on June 30, 2023. NAV per share was Tk. 244.26 (without revaluation) as on December 31, 2023 and Tk. 242.18 as on June 30, 2023.
- Q2 Financials (Additional Information)
(Continuation news of WALTONHIL): from July 01, 2023 to December 31, 2023 as against the profit of Tk. 14.36 crore in the same period of the previous Financial Year. That's why, the Company's Earnings Per Share (EPS) for the period ended December 31, 2023 stood at Tk. 11.24 as against of Tk. 0.47 of the same period of the previous Financial Year. (end)
The first part of this announcement is missing from the archive. - Sale Confirmation of a Sponsor Director
Mr. S. M. Ashraful Alam, a Sponsor Director of the Company, has further informed that he has completed his sale of 25,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration news disseminated on 31.08.2023.
- 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 January 22, 2024 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
- Sale Declaration of a Sponsor Director
Mr. S. M. Ashraful Alam, one of the Sponsor Directors of the Company, has expressed his intention to sell 150,000 shares out of his holding of 65,855,111 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange Limited within next 30 working days.
- Sale Confirmation of a Sponsor Director
Mr. S.M. Ashraful Alam, one of the Sponsor Directors of the company, has further informed that he has completed his sale of 1,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange Limited as per declaration disseminated on 25.08.2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.