News Briefs 21-01-2022

Tallu Spinning recommends no dividend

The Board of Directors has recommended No dividend for the year ended on June 30, 2019, 2020 and 2021. Date of AGMs: 28.02.2022, Time: 10:00 AM, 11:30 AM and 1:00 PM, respectively, Venue: Digital Platform. Record Date: 13.02.2022 for the year of 2019, 2020 and 2021. The Company has also reported EPS of Tk. (3.21), NAV per share of Tk. 24.75 and NOCFPS of Tk. 0.70 for the year ended on June 30, 2021 as against Tk. (3.37), Tk. 5.88 and Tk. 0.10 respectively for the year ended on June 30, 2020. The Company has also reported EPS of Tk. (2.72), NAV per share of Tk. 9.25 and NOCFPS of Tk. (0.46) for the year ended on June 30, 2019 as against Tk. (1.13), Tk. 11.97 and Tk. (0.94) respectively for the year ended on June 30, 2018.

Walton EPS down

EPS was Tk. 5.45 for October-December 2021 as against Tk. 8.05 for October-December 2020; EPS was Tk. 14.73 for July-December 2021 as against Tk. 21.48 for July-December 2020. NOCFPS was Tk. (16.78) for July-December 2021 as against Tk. 47.95 for July-December 2020. NAV per share (with revaluation) was Tk. 309.24 as on December 31, 2021 and Tk. 311.59 as on June 30, 2021. NAV per share (without revaluation) was Tk. 205.86 as on December 31, 2021 and Tk. 208.16 as on June 30, 2021.

Doreen Power EPS up

Consolidated EPS was Tk. 2.33 for October-December 2021 as against Tk. 2.05 for October-December 2020; Consolidated EPS was Tk. 4.86 for July-December 2021 as against Tk. 3.85 for July-December 2020. Consolidated NOCFPS was Tk. (4.03) for July-December 2021 as against Tk. 1.12 for July-December 2020. Consolidated NAV per share with revaluation was Tk. 47.69 as on December 31, 2021 and Tk. 43.22 as on June 30, 2021. Consolidated EPS has increased significantly due to significant increase in revenue of two subsidiaries and significant decrease in finance cost of the group for reduction of outstanding loan and reduction of interest rate.

Aziz Pipes EPS negative

EPS was Tk. (0.66) for October-December 2021 as against Tk. (0.04) for October-December 2020; EPS was Tk. (1.99) for July-December 2021 as against Tk. (0.11) for July-December 2020. NOCFPS was Tk. (0.68) for July-December 2021 as against Tk. 0.64 for July-December 2020. NAV per share was Tk. (17.06) as on December 31, 2021 and Tk. (15.09) as on June 30, 2021. EPS decreased due to decrease in Turnover and also increase COGS as compared to the same period of last year and for shutdown of production activities. NOCFPS decreased due to decrease collection of sales proceeds as compared to the same period of last year.

— DSE Online