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 2024 (20).
- Credit Rating Result
WASO Credit Rating Company (BD) Ltd. has assigned the Surveillance entity rating of the Company as "BB+" for long term and "ST4" for short term along with Stable outlook based on audited financial statements of FY June 30, 2024 and other relevant qualitative and quantitative information.
- Massive Fire incident occurred at Zaheen Spinning PLC.
The company has informed that a massive fire broke out at Zaheen Spinning PLC. at Araihazar in Narayangonj at last night, Monday of 16th December 2024. The fire broke out at around 9.00 pm from electrical short circuit and engulfed the whole factory very quickly. Massive damage was done specially in Blow Room, Carding, Drawing, Simplex, Auto cone, AC Plant, Steel Building and Shed, warehouses etc. (cont.) (Cont. news of ZAHEENSPIN): After 4 hours of relentless efforts, firefighters of three units of three fire stations doused the fire. The amount of damage done will be notified later on. Production operations have been completely shut down as most of the machineries were burned in the fire. (end)
- Qualified Opinion and Emphasis of Matters
The auditor of the company has given the "Qualified Opinion" and "Emphasis of Matters" paragraphs 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/November/ZAHEENSPIN_2024.pdf
- Resumption after Record Date
Trading of the shares of the company will resume on 24.11.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 21.11.2024.
- 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 from 19.11.2024 to 20.11.2024 and trading of the shares will remain suspended on record date i.e., 21.11.2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.07) for July-September 2024 as against Tk. (0.08) for July-September 2023; NOCFPS was Tk. 0.01 for July-September 2024 as against Tk. (0.07) for July-September 2023. NAV per share was Tk. 3.89 as on September 30, 2024 and Tk. 3.96 as on June 30, 2024. Reasons for significant deviations: (cont.) (Cont. news of ZAHEENSPIN): Despite lower production and sales volumes due to the energy crisis, EPS improved slightly due to higher selling prices and lower cost of goods sold. NOCFPS has been increased due to increase in collection against sales and decrease in cost of goods sold. NAV per share has been decreased due to increase in Accumulated Loss (Retained Earnings). (end)
- 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 10, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- The Board of Directors has recommended No dividend for the year ended June 30, 2024. Date of AGM: 29.12.2024, Time: 09:0
The Board of Directors has recommended No dividend for the year ended June 30, 2024. Date of AGM: 29.12.2024, Time: 09:00 AM, Venue: The Dhanmondi Party Centre, House #107, Road # 9/A, Dhanmondi, Dhaka-1209 and Digital Platform. Link: https://zaheenspinning.bdvirtualagm.com. Record Date: 21.11.2024. (cont.)
- Dividend Declaration
(Continuation news of ZAHEENSPIN): The Company has also reported EPS of Tk. (1.08), NAV per share of Tk. 3.96 and NOCFPS of Tk. (0.04) for the year ended June 30, 2024 as against Tk. 0.13, Tk. 5.10 and Tk. 0.08 respectively for the year ended June 30, 2023. (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 (28.10.2024) 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 October 27, 2024 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Name Change of the Company
Dhaka Stock Exchange PLC. (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be 'Zaheen Spinning PLC.' instead of 'Zaheen Spinning Limited' with effect from August 12, 2024. Other things (except name) will remain unchanged.
- (Q3 Un-audited): EPS was Tk. (0.09) for January-March 2024 as against Tk. 0.03 for January-March 2023; EPS was Tk. (0.29
(Q3 Un-audited): EPS was Tk. (0.09) for January-March 2024 as against Tk. 0.03 for January-March 2023; EPS was Tk. (0.29) for July 2023-March 2024 as against Tk. 0.08 for July 2022-March 2023. NOCFPS was Tk. (0.03) for July 2023-March 2024 as against Tk. 0.13 for July 2022-March 2023. NAV per share was Tk. 4.80 as on March 31, 2024 and Tk. 5.10 as on June 30, 2023. (cont.)
- Q3 Financials
(Continuation news of ZAHEENSPIN): The company has informed that in spite of increase in the volume of production, EPS has been decreased notably due to significant decrease in the selling price and increase in the cost of goods sold and operating expenses. NOCFPS has been decreased significantly due to increase in cost of goods sold and operating expenses. (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 29, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- (Q2 Un-audited): EPS was Tk. (0.11) for October-December 2023 as against Tk. 0.03 for October-December 2022; EPS was Tk.
(Q2 Un-audited): EPS was Tk. (0.11) for October-December 2023 as against Tk. 0.03 for October-December 2022; EPS was Tk. (0.20) for July-December 2023 as against Tk. 0.05 for July-December 2022. NOCFPS was Tk. (0.04) for July-December 2023 as against Tk. 0.10 for July-December 2022. NAV per share was Tk. 4.89 as on December 31, 2023 and Tk. 5.10 as on June 30, 2023. (cont.)
- Q2 Financials
(Continuation news of ZAHEENSPIN): Reasons for deviation in EPS, NOCFPS and NAVPS: EPS has been decreased due to decrease in sales price and increase in cost of goods sold. NOCFPS has been decreased due to decrease in collection against sales and increase in cost of goods sold. NAVPS has been decreased due to increase in retained loss. (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 January 29, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.