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ATLASBANG

All Eps Dividend Board Agm Q1 Q2 Q3

ATLASBANG 17-Nov-2021

(Continuation news of ATLASBANG): For the Financial Year 2017-2018, Net Loss After Tax was BDT 36,936,518.00 and Accumulated Loss Increasing from 2015-16 was BDT 141,464,097.00. For the Financial Year 2018-2019, Net Loss After Tax was BDT 32,638,514.00 and Accumulated Loss Increasing from 2015-16 was BDT 174,257,905.00. (cont.5)

ATLASBANG 17-Nov-2021

(Continuation news of ATLASBANG): The company incurred a series of net loss subsequent six years. Details are given below: For the Financial Year 2015-2016, Net Loss After Tax was BDT 32,638,514.00 and Accumulated Loss Increasing from 2015-16 was BDT 32,638,514.00. For the Financial Year 2016-2017, Net Loss After Tax was BDT 71,889,065.00 and Accumulated Loss Increasing from 2015-16 was BDT 104,527,579.00. (cont.4)

ATLASBANG 17-Nov-2021

(Continuation news of ATLASBANG): Trade and Other Payables are stated at Taka 127,732,783; Taka 15,736,161 of which as Liability for imported goods, Liability for Feasibility Study, and Creditors, are continuation of more than one previous year. Please refer to Note 18 "Trade and Other Payable" of the notes to the financial statements for relevant details: Material Uncertainty Related to Going Concern (IAS -570 para 19 & 22): (cont.3)

ATLASBANG 17-Nov-2021

(Continuation news of ATLASBANG): extent of the recoverability. Please refer to Note 8 "Advance, Deposits and Prepayments" of the notes to the financial statements for relevant details: Other Receivables are stated at Taka 17,365,857; Taka 1,579,025 of which as Customs Duty is a continuation from previous years and we could not confirm extent the recoverability. Please refer to Note 6 "Trade and Other Receivables" of the notes to the financial statements for relevant details: (cont.2)

ATLASBANG 17-Nov-2021

The auditor of the Atlas Bangladesh Ltd. has given the " Qualified Opinion, Material Uncertainty Related to Going Concern & Emphasis of matters " paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: The Company's advance against VAT is carried in the statement of financial position at Taka 23,827,944 whereas advance against VAT is carried in the VAT return at Taka 10,601,059. So, the difference is at Taka 13,226,885 and we could not confirm (cont.1)

ATLASBANG 11-Nov-2021

(Continuation news of ATLASBANG): Signification deviation in EPS and NOCFPS: Due to increase net sales and decrease the Admin, Selling and Distribution and Financial Expenses from the previous period. As a result positive significant deviation has occurred in EPS. Payment of trade payable increased in comparison to previous period for this reason negative significant deviation has occurred in NOCFPS. (end)

ATLASBANG 11-Nov-2021

(Q1 Un-audited): EPS was Tk. (0.34) for July-September 2021 as against Tk. (0.52) for July-September 2020. NOCFPS was Tk. 0.26 for July-September 2021 as against Tk. 0.47 for July-September 2020. NAV per share was Tk. 127.00 as on September 30, 2021 and Tk. 128.00 as on June 30, 2021. (cont.)

ATLASBANG 11-Nov-2021

There will be no price limit on the trading of the shares of the Company today (11.11.2021) following its corporate declaration.

ATLASBANG 11-Nov-2021

The Board of Directors has recommended No dividend for the year ended on June 30, 2021. Date of AGM: 23.12.2021, Time: 3:30 PM, Venue: Digital Platform. Record date: 01.12.2021. The Company has also reported EPS of Tk. (3.09), NAV per share of Tk. 128.00 and NOCFPS of Tk. (3.24) for the year ended on June 30, 2021 as against Tk. (1.35), Tk. 131.00 and Tk. (1.44) respectively for the same period of the previous year.

ATLASBANG 07-Nov-2021

The Company has further informed that due to unavoidable circumstances a meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on November 10, 2021 at 5:00 PM instead of November 09, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.

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