Zeal Bangla Sugar Mills Limited announcements
255 Dhaka Stock Exchange announcements for Zeal Bangla Sugar Mills Limited (ZEALBANGLA) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (18).
- Audit Observations
(Audit Observations): The auditor of the company has given the following observations in the audit report of the company for the year ended on 30 June 2017. 1. Due to the company has suffered recurring loss from operation that effectively made net capital deficiency of Tk. (2,660,708,718) in total and Tk. (418.03) per share at the year end. (cont.1) (Continuation news of ZEALBANGLA): 4. The accompanying financial statements have been prepared assuming that the company will continue as going concern but considering the above observations 1 to 3 described in the basis of observations paragraph herewith has exposed significant doubt, without government support, of the survival of the company as going concern for foreseeable future. (end) (Continuation news of ZEALBANGLA): 2. The company is only able to earn Tk. 59,800 (average) per M.Ton by selling of sugar though cost of production of sugar per M.Ton is Tk. 81,148.82 which effectively creates net loss of Tk. 21,348.82 per M.Ton. 3. An amount of Tk. 121,737 appears to be doubtful of recovery but no provision was made for such long outstanding/doubtful books debts. (cont.2)
- Query Response
In response to a DSE query dated December 12, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Q1 Financials (Repeat News)
(Repeat News): (Q1 Un-audited): EPS was Tk. (15.62) for July-September, 2017 as against Tk. (14.01) for July-September, 2016; NOCFPS was Tk. (15.36) for July-September, 2017 as against Tk. (13.86) for July-September, 2016. NAV per share was Tk. (433.64) as on September 30, 2017 and Tk. (418.03) as on June 30, 2017.
- Query Response
In response to a DSE query dated November 26, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Change of AGM Date and Time
The Company has further informed that due to unavoidable circumstances, the Board of Directors has decided that the 29th AGM of the Company will now be held on December 22, 2017 at 10:30 AM instead of December 08, 2017 at 10:00 AM. Other information will remain unchanged.
- Resumption after record date
Trading of the shares of the Company will resume on 19.11.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- 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 05.11.2017 to 15.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (15.62) for July-September, 2017 as against Tk. (14.01) for July-September, 2016; NOCFPS was Tk. (15.36) for July-September, 2017 as against Tk. (13.86) for July-September, 2016. NAV per share was Tk. (433.64) as on September 30, 2017 and Tk. (418.03) as on June 30, 2017.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended on June 30, 2017. Date of AGM: 08.12.2017, Time: 10:00 AM, Venue: Jamalpur Shilpakala Academy Auditorium, Jamalpur. Record Date: 16.11.2017. (cont.) (Continuation news of ZEALBANGLA): The Company has also reported EPS of Tk. (54.09), NAV per share of Tk. (418.03) and NOCFPS of Tk. (59.52) for the year ended on June 30, 2017 as against Tk. (56.17), Tk. (363.94) and Tk. (8.00) respectively for the same period of the previous year. It is to be noted that EPS, NAV per share has been restated as per BAS-8, Para: (41-48). (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (26.10.2017) following its corporate declaration.
- 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 October 25, 2017 at 3:15 PM to consider, among others, unaudited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.
- 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 25, 2017 at 3:15 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Query Response
In response to a DSE query dated August 29, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (2.96) for Jan.-March'17 as against Tk. (11.21) for Jan.-March'16; EPS was Tk. (26.98) for July'16-March'17 as against Tk. (40.27) for July'15-March'16. NOCFPS was Tk. (26.49) for July'16-March'17 as against Tk. (39.85) for July'15-March'16. NAV per share was Tk. (397.71) as of March 31, 2017 and Tk. (395.76) as of June 30, 2016.
- 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 25, 2017 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (10.00) for October-December, 2016 as against Tk. (16.30) for October-December, 2015; EPS was Tk. (24.01) for July-December, 2016 as against Tk. (29.05) for July-December, 2015. NOCFPS was Tk. (23.70) for July-December, 2016 as against Tk. (28.76) for July-December, 2015. NAV per share was Tk. (394.35) as of December 31, 2016 and Tk. (370.33) as of June 30, 2016.
- 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, 2017 at 6:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.