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 2022 (23).
- Resumption after record date
Trading of the shares of the Company will resume on 23.11.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2022.
- 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 cycle from 17.11.2022 to 21.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2022.
- The auditor of the Zeal Bangla Sugar Mills Ltd. has given the \"Qualified Opinion\"& \"Emphasis of Matter\" paragraphs i
The auditor of the Zeal Bangla Sugar Mills Ltd. has given the \"Qualified Opinion\"& \"Emphasis of Matter\" paragraphs in the auditor\'s report for the year ended June 30, 2022. Basis for Qualified Opinion: 1. The Company has been incurring loss year after year. Its accumulated loss was Tk. 5,586,768,576 for the year ended 30 June, 2022 and, as of that date the Company\'s Total liabilities exceeded its Total assets by Tk. 5,434,227,879. (cont.1)
- (Continuation news of ZEALBANGLA): These conditions or events indicate that a material uncertainty exists that may cast
(Continuation news of ZEALBANGLA): These conditions or events indicate that a material uncertainty exists that may cast significant doubt on the company\'s ability to continue its operation in foreseeable future and it also seems that the company is unable to run its operation without government support. 2. In note 18.00 of the financial statements regarding Long Term Loan (Secured) in respect of SM & RFS Seed Multiplication & Research Farm Scheme, (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of ZEALBANGLA): ADP Loan for BMRE, Golden Handshake loan, amounting to Tk. 35,248,125 we were unable
(Continuation news of ZEALBANGLA): ADP Loan for BMRE, Golden Handshake loan, amounting to Tk. 35,248,125 we were unable to obtain sufficient appropriate evidence. Emphasis of Matter: 1. In note 7.00 of the financial statements and Annexure-G regarding cane growers loan amounting to Tk. 24,642,860 were carried forward for a long period of time and the corporation did not take any action to recover the said amount from the cane growers. (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of ZEALBANGLA): There is a significant doubt that this amount will be recovered. As a result, assets
(Continuation news of ZEALBANGLA): There is a significant doubt that this amount will be recovered. As a result, assets overstated and income understated. 2. In note 8.00 of the financial statements regarding Advance Income Tax, amounting to Tk. 5,311,981. This amount has been cumulating from the financial years 1991-1992 to 1994-1995 and lying unadjusted for all this time. However, after the year ended 30 June 2022, the Tax authority had started the adjustment procedure against the tax liability.(cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of ZEALBANGLA): 3. In note 25.00 of the financial statements, the company had disclosed sales amounti
(Continuation news of ZEALBANGLA): 3. In note 25.00 of the financial statements, the company had disclosed sales amounting to Tk. 311,450,924 which is net of tax amounting to Tk. 3,344,768. 4. Tax deducted on source from sales to the Ministry of defense amounting to Tk. 1,039,540 we were not provided with sufficient appropriate evidence. 5. As disclosed in the note 23.00 of the financial statements regarding provision for doubtful advances amounting of Tk. 783,879 was carried (cont.5)
The first part of this announcement is missing from the archive. - Qualified Opinion & Emphasis of Matter
(Continuation news of ZEALBANGLA): forward for a long period of time and the corporation did not take any action to recover the said amount. As a result, assets overstated and income understated. 6. During the audit, we could not confirm the share capital amount in the financial statements from Schedule-X, as the company has yet to update its annual return to the Registrar of Joint Stock Companies & Firms (RJSC). (end)
The first part of this announcement is missing from the archive. - The Board of Directors has recommended No dividend for the year ended June 30, 2022. Date of AGM: 27.12.2022, Time: 10:0
The Board of Directors has recommended No dividend for the year ended June 30, 2022. Date of AGM: 27.12.2022, Time: 10:00 AM, Venue: Digital Platform, Record Date: 22.11.2022. The Company has reported EPS of Tk. (88.27), NAV per share of Tk. (905.70) and NOCFPS of Tk. (60.12) for the year ended June 30, 2022 as against Tk. (115.97), Tk. (817.43) and Tk. (110.92) respectively for the same period of the previous year. (cont.)
- (Q1 Un-audited): EPS was Tk. (21.25) for July-September, 2022 as against Tk. (19.96) for July-September, 2021; NOCFPS wa
(Q1 Un-audited): EPS was Tk. (21.25) for July-September, 2022 as against Tk. (19.96) for July-September, 2021; NOCFPS was Tk. (18.42) for July-September, 2022 as against Tk. (19.58) for July-September, 2021. NAV per share was Tk. (926.95) as on September 30, 2022 and Tk. (905.70) as on June 30, 2022. (cont.)
- Dividend Declaration
(Continuation news of ZEALBANGLA): Significant Deviations: Earning Per Share (EPS) has been decreased due to net loss i.e. cost of production decrease than previous year. Net Operating Cash Flow Per Share (NOCFPS) has been decreased due to decrease of cash flows in operating activities than previous year. Net Assets Value Per Share (NAVPS) has been increased due to total liability increase than previous year. (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 (23.10.2022) following its corporate declaration.
- Q1 Financials
(Continuation news of ZEALBANGLA): The Company has also informed that the reasons of significant deviation are: 1. Earning per share (EPS) has been decreased due to cost of goods sold increased as per Sales volume. 2. Net Operating Cash Flow per share (NOCFPS) has been increased due to decreased payment to suppliers. 3. Net Asset Value (NAV) has been decreased due to increase of Liabilities. (end)
The first part of this announcement is missing from the archive. - Update of Information
The Company has requested the shareholders to update their email addresses through respective Depository Participant (DP).
- 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 20, 2022 at 2:00 PM to consider, among others, un-audited financial statements of the company for the First Quarter (Q1) period ended September 30, 2022.
- 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 20, 2022 at 2:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (9.44) for Jan.-March 2022 as against Tk. (10.27) for Jan.-March 2021; EPS was Tk. (46.49) for July 2021-March 2022 as against Tk. (47.08) for July 2020-March 2021. NOCFPS was Tk. (45.34) for July 2021-March 2022 as against Tk. (45.90) for July 2020-March 2021. NAV per share was Tk. (863.92) as on March 31, 2022 and Tk. (817.43) as on June 30, 2021.
- 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 24, 2022 at 2:05 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- EPS was Tk. (37.09) for July-December 2021 as against Tk. (36.86) for July-December 2020. NOCFPS was Tk. (36.35) for Jul
EPS was Tk. (37.09) for July-December 2021 as against Tk. (36.86) for July-December 2020. NOCFPS was Tk. (36.35) for July-December 2021 as against Tk. (36.10) for July-December 2020. NAV per share was Tk. (854.52) as on December 31, 2021 and Tk. (817.43) as on June 30, 2021. (cont.)
- Q2 Financials
(Continuation news of ZEALBANGLA): Significant deviation: EPS has been decreased due to Sales decreased than previous year. NOCFPS has been decreased due to increased collection from customer and other increased. NAVPS has been decreased due to increase of Liabilities. (end)
The first part of this announcement is missing from the archive. - Q2 Financials (Additional Information)
(Q2 Un-audited Additional Information): The Company has further informed that EPS was Tk. (17.12) for October-December 2021 as against Tk. (17.50) for October-December 2020.
- 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 26, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.