Yeakin Polymer Limited announcements
140 Dhaka Stock Exchange announcements for Yeakin Polymer Limited (YPL) since 2016: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (30).
- Resumption after record date
Trading of the shares of the company will resume on 29.12.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 28.12.2022.
- 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 from 26.12.2022 to 27.12.2022. Trading of the shares will remain suspended on record date i.e., 28.12.2022.
- (Q1 Un-audited): EPS was Tk. (0.28) for July-September 2022 as against Tk. (0.14) for July-September 2021; NOCFPS was Tk
(Q1 Un-audited): EPS was Tk. (0.28) for July-September 2022 as against Tk. (0.14) for July-September 2021; NOCFPS was Tk. (0.01) for July-September 2022 as against Tk. 0.05 for July-September 2021. NAV per share was Tk. 5.88 as on September 30, 2022 and Tk. 6.16 as on June 30, 2022. (cont.)
- Q1 Financials
(Continuation news of YPL): Reasons for deviation in EPS and NOCFPS: Effect of pandemic (COVID-19), war of Ukraine-Russia and shortage of working capital, company's Production and sales dropped and raw material cost increased but operational and financial cost continue. So, EPS dropped down and NOCFPS stand negative. (end)
The first part of this announcement is missing from the archive. - The auditor of the Yeakin Polymer Limited has given the \"Emphasis of Matter\" paragraph in the Auditor\'s Report for th
The auditor of the Yeakin Polymer Limited has given the \"Emphasis of Matter\" paragraph in the Auditor\'s Report for the year ended 30 June 2022. Emphasis of Matter: We refer to note number 13 of the Financial Statements. There is impairment loss/write off of current assets. As per management judgement Tk. 301,142,622 is not collectible/adjustable. (cont.)
- Emphasis of Matter
(Continuation news of YPL): This amount is accounted for through the statement of changes in Equity. We like to note that there is sufficient doubt about collectability/Adjustability of remaining current assets of Tk. 309,702,830. This paragraph is for better understanding of the Financial Statements by the users. (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 December 20, 2022 at 4:00 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 No dividend for the year ended June 30, 2022. Record Date: 27.12.2022. Date, time
The Board of Directors has recommended No dividend for the year ended June 30, 2022. Record Date: 27.12.2022. Date, time and venue of AGM will be notified later on. The Company has also reported EPS of Tk. (0.71), NAV per share of Tk. 6.16 and NOCFPS of Tk. (0.01) for the year ended June 30, 2022 as against Tk. (0.55), Tk. 11.12 and Tk. 0.80 respectively for the same period of the previous year. Reasons for deviation in EPS and NOCFPS: EPS decreased (cont.)
- Dividend Declaration (Revised)
The Company has further informed that the Record date will be December 28, 2022 instead of December 27, 2022. Other information will remain unchanged.
- Dividend Declaration
(Continuation news of YPL): due to effect of COVID-19 pandemic, Ukraine- Russia war, shortage of working capital, drop in sales and increase of raw material cost. NOCFPS decreased significantly due to raw material supply crises in local/international market, purchase of most of the raw material locally in cash, receivable recovery being too slow and working capital shortage resulting from Covid-19 Pandemic and Ukraine- Russia war. (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 (08.12.2022) 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.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on December 07, 2022 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Postponement of Board Meeting under LR 19(1)
The Company has further informed that, the Board meeting as per LR 19(1), scheduled to be held on October 30, 2022 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022, has been postponed.
- 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 30, 2022 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Q3 Financials (Additional Information)
(Q3 Un-audited): The Company further informed that EPS has decreased in 3rd Quarter due to decrease of sales volume and increase the cost of raw materials.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (0.41) for January-March 2022 as against Tk. 0.01 for January-March 2021; EPS was Tk. 0.17 for July 2021-March 2022 as against Tk. (0.55) for July 2020-March 2021. NOCFPS was Tk. 0.68 for July 2021-March 2022 as against Tk. 0.67 for July 2020-March 2021. NAV per share was Tk. 11.30 as on March 31, 2022 and Tk. 11.12 as on June 30, 2021.
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on June 30, 2022 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Postponement of Board Meeting schedule under LR 16(1)
The Company has further informed that due to unavoidable circumstances, the meeting scheduled to be held on April 28, 2022 at 3:30 PM as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022, has been postponed.
- 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 28, 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.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.64 for October-December 2021 as against Tk. (0.12) for October-December 2020; EPS was Tk. 0.50 for July-December 2021 as against Tk. (0.56) for July-December 2020. NOCFPS was Tk. 0.58 for July-December 2021 as against Tk. 0.42 for July-December 2020. NAV per share was Tk. 11.62 as on December 31, 2021 and Tk. 11.12 as on June 30, 2021.
- Q2 Financials (Additional information)
(Q2 Un-audited): The Company has further informed that since improvement of COVID 19 scenario, Company increased production and sale compare to previous and also some previous finished/semi-finished stocks sales in lots, as a result profitability increased as well as EPS changes significantly.
- Query Response
In response to a DSE query dated February 02, 2022, 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.
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that the meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on February 10, 2022 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
- Postponement of Board Meeting under LR 16(1)
The Company has further informed that due to unavoidable circumstances, the Board meeting as per LR 16(1), scheduled to be held on January 30, 2022 at 5:00 PM, to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021, has been postponed.
- 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 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
- In response to a DSE query dated January 19, 2022 regarding clarification on recent news published in the newspaper, the
In response to a DSE query dated January 19, 2022 regarding clarification on recent news published in the newspaper, the Company has informed that \"we are informing you that as reported in the above newspaper \"Yeakin Polymer out of production for 2 years but investors in the dark\" this is not true, our factory always running. (cont. 1)
- (Continuation news of YPL): In responses your different letters, our decelerations and management statements in Annual R
(Continuation news of YPL): In responses your different letters, our decelerations and management statements in Annual Reports we have mentioned company are facing working capital crises in last 4 years. All are well known that the worldwide pandemic COVID-19 has been affected seriously in the entire sector of the world, Yeakin Polymer Limited not out of this disaster. Due to this pandemic in March-June 2021 our one of Director and two workers have expired, (cont. 2)
The first part of this announcement is missing from the archive. - (Continuation news of YPL): other directors and officials also affected. Under that situation in March to July 2021 fact
(Continuation news of YPL): other directors and officials also affected. Under that situation in March to July 2021 factory continue production only in limited capacity but not closed. During this great unimaginable disaster period we could not find any kinds of assistance from our prime bank, Islami Bank Bangladesh Limited. From 2020 we are trying to other banks/financial institutions for additional working capital but can\'t faster proceed for pandemic. (cont. 3)
The first part of this announcement is missing from the archive. - (Continuation news of YPL): Now business is returning slowly to normal way. We are trying to enhance the working capital
(Continuation news of YPL): Now business is returning slowly to normal way. We are trying to enhance the working capital limit with Islami Bank Bangladesh Limited and also other bank/financial institutions, hope that we will be able to overcome the current position within shortage possible time.\" (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.