DSE:ZAHEENSPIN

Zaheen Spinning PLC. announcements

199 Dhaka Stock Exchange announcements for Zaheen Spinning PLC. (ZAHEENSPIN) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (16).

  1. Resumption after record date

    Trading of the shares of the Company will resume on 25.11.2021 after record date.

  2. Suspension for Record date

    Trading of the shares of the Company will remain suspended on record date i.e., 24.11.2021.

  3. Spot News

    Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle from 22.11.2021 to 23.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 24.11.2021.

  4. (Q1 Un-audited): EPS was Tk. (0.24) for July-September 2021 as against Tk. (0.02) for July-September 2020; NOCFPS was Tk

    (Q1 Un-audited): EPS was Tk. (0.24) for July-September 2021 as against Tk. (0.02) for July-September 2020; NOCFPS was Tk. 0.12 for July-September 2021 as against Tk. 0.03 for July-September 2020. NAV per share was Tk. 6.02 as on September 30, 2021 and Tk. 6.25 as on June 30, 2021. The Company also informed that during the reporting period, sales volume decreased widely due to disruption in production on account of fire occurrence on January 21, 2021 and subsequent repairing (cont.)

  5. Q1 Financials

    (Continuation news of ZAHEENSPIN): and reconstruction of factory building and shed, replacement and installation works of machineries. Partial production was run for two months, increased in percentage of cost of goods sold on sales and increased in Administrative Expenses. The consequential results of massive decrease in revenue and profit ultimately decreased EPS and NAV significantly. On the other hand, NOCFPS increased remarkably due to increase collection against sales and receivables. (end)

    The first part of this announcement is missing from the archive.
  6. 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, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.

  7. The auditor of the Zaheen Spinning Limited has given the \"Qualified Opinion\" paragraphs in the Auditor\'s Report for t

    The auditor of the Zaheen Spinning Limited has given the \"Qualified Opinion\" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: As disclosed in the note # 4.00 and Annex-A/1 to the financial statements regarding Property Plant and Equipment, and Work in Progress amounting to TK 655,765,007. During the year the company\'s addition to the Property, Plant and Equipment & Work in Progress amounts to Tk. 60,094,329. (cont.)

  8. Price Limit Open

    There will be no price limit on the trading of the shares of the Company today (04.11.2021) following its corporate declaration.

  9. Dividend Declaration

    (Continuation news of ZAHEENSPIN): Though there is a negative EPS, nevertheless EPS has been increased significantly in the current year as compared with previous year. This is because there is no provision made for bad and doubtful debts, no write off of Advance, Deposits and Prepayments, no Write off of obsolete Raw Materials and Obsolete Finished Goods during the reporting period. (cont. 3)

    The first part of this announcement is missing from the archive.
  10. Qualified Opinion

    (Continuation news of ZAHEENSPIN): In respect of the addition, an amount of Tk 12,995,500 was adjusted with receivable and rest of the payment was made by cash, which is also violation of Income tax Ordinance 1984, section 30(m). Also we were unable to obtain sufficient appropriate audit evidence on which to make any opinion, and we concludes that there may be possible effects on the financial statements of undetected misstatements, if any, could be material. (end)

    The first part of this announcement is missing from the archive.
  11. 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 November 3, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

  12. Resume Partial Production

    The Company has informed that the Company will be going to resume its production partially from 17th July, 2021 after a massive fire incident broke out on 21st January, 2021.

  13. Q3 Financials

    (Q3 Un-audited): EPS was Tk. (1.39) for January-March 2021 as against Tk. 0.02 for January-March 2020. EPS was Tk. (1.37) for July 2020-March 2021 as against Tk. (0.76) for July 2019-March, 2020. NOCFPS was Tk. 0.08 for July 2020-March 2021 as against Tk. 0.20 for July 2019-March 2020. NAV per share was Tk. 7.40 as on March 31, 2021 and Tk. 8.78 as on June 30, 2020.

  14. 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 31, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.

  15. 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 28, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.

  16. Massive Fire incident occurred

    (Continuation news of ZAHEENSPIN): Massive damage was done specially in Blow Room, Carding, Drawing, simplex, Auto cone, Generator, AC Plant, Steel Building and Shed, warehouses etc. After 4 hours of relentless efforts, firefighters of seven units of four fire stations doused the fire. The amount of damage done will be notified later on. (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.