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BSRMSTEEL

All Eps Dividend Board Agm Q1 Q2 Q3

BSRMSTEEL 17-Nov-2021

Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.

BSRMSTEEL 15-Nov-2021

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 with cum benefit from 16.11.2021 to 17.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.

BSRMSTEEL 14-Nov-2021

The Company has informed that the Board of Directors of the Company has decided to call a web based conference on financial performance for the first quarter ended on September 30, 2021 as per following schedule - Date: November 16, 2021, Time: 4:30 PM, Venue: Digital Platform, Joining Link: https://bit.ly/3c3Ybxm, Passcode: bsrm@52.

BSRMSTEEL 14-Nov-2021

(Continuation news of BSRMSTEEL): Reasons for increase EPS: The basic Earnings Per Share for the quarter ended 30th September 2021 is Tk. 2.89 against Tk. 0.95 for the same period of previous year. The increase is primarily for higher sales volume, sales price and decrease of financial expense. (end)

BSRMSTEEL 14-Nov-2021

(Q1 Un-audited): EPS was Tk. 2.89 for July-September 2021 as against Tk. 0.95 for July-September 2020. NOCFPS was Tk. 4.29 for July-September 2021 as against Tk. 5.82 for July-September 2020. NAV per share was Tk. 66.99 as on September 30, 2021 and Tk. 62.38 as on June 30, 2021.

BSRMSTEEL 08-Nov-2021

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 11, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.

BSRMSTEEL 02-Nov-2021

Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA+" in the long term and "ST-2" in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

BSRMSTEEL 24-Oct-2021

(Continuation news of BSRMSTEEL): V) Total Income Tax expense has decreased by 19.52% from BDT 1,083.00 mn to BDT 872.00 ml due to impact of deferred tax. (end)

BSRMSTEEL 24-Oct-2021

(Continuation news of BSRMSTEEL): Since investment in associate has converted to investment in financial asset, the company has to record this asset at fair value as per requirement of lAS28. At the time of derecognition of investment in Associates, BSRM Steels limited recognized gain/loss (difference between fair value and carrying amounts) in profit & loss accounts. For this reason, the company recorded loss (1,012,671,667). (cont. 4)

BSRMSTEEL 24-Oct-2021

(Continuation news of BSRMSTEEL): iii) The Company's financial expenses were decreased as compared to the previous year, primarily for reduction of interest rate and stimulus package. Due to low rate of interest, the Company have paid less interest on time and demand loan and syndicate loan compared to previous year. iv) Now BSRM Steel Mills Limited is no longer associate company of BSRM Steels Limited. It is financial asset as per IFRS 9. (cont. 3)

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