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DESCO

All Eps Dividend Board Agm Q1 Q2 Q3

DESCO 17-Feb-2021

The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 to the respective shareholders' Bank Accounts through Fund Transfer/BEFTN.

DESCO 28-Jan-2021

(Q2 Un-audited): EPS was Tk. 0.04 for October-December 2020 as against Tk. 0.93 for October-December 2019; EPS was Tk. 0.31 for July-December 2020 as against Tk. 2.07 for July-December 2019. NOCFPS was Tk. 6.95 for July-December 2020 as against Tk. 2.66 for July-December 2019. NAV per share was Tk. 47.22 as on December 31, 2020 and Tk. 46.76 as on June 30, 2020. (cont.)

DESCO 28-Jan-2021

(Continuation news of DESCO): The Company also informed that EPS compared to last year decreased significantly due to declining sales because of Coronas effect and interest expenses against loan and payroll expenses also enhanced. (end)

DESCO 24-Jan-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 January 27, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.

DESCO 18-Nov-2020

Trading of the shares of the Company will remain suspended on record date i.e., 19.11.2020.

DESCO 16-Nov-2020

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 17.11.2020 to 18.11.2020. Trading of the shares of the Company will remain suspended on record date i.e., 19.11.2020.

DESCO 15-Nov-2020

(Q1 Un-audited): EPS was Tk. 0.27 for July-September 2020 as against Tk. 1.14 for July-September 2019; NOCFPS was Tk. 4.71 for July-September 2020 as against Tk. 1.94 for July-September 2019. NAV per share was Tk. 47.02 as on September 30, 2020 and Tk. 46.76 as on June 30, 2020.

DESCO 11-Nov-2020

(Continuation news of DESCO): 2. As per Labor law- 2006 (amendment 2013) Section 234 (1) (b), an entity should pay amount of WPPF within 9 months of the close of every year. But the company did not pay amount of WPPF Tk. 99,493,608. (end)

DESCO 11-Nov-2020

(Continuation news of DESCO): Workers Profit Participation Fund (WPPF). The company approves the requirement in this year and makes provision for 2017-18 to 2019-20. But the company didn't make provision for the years 2013-14 to 2016-17 which we have calculated amounting Tk. 201,366,278. As a result the company understates its liability by the same amount. (cont.2)

DESCO 11-Nov-2020

The auditor of Dhaka Electric Supply Company Ltd. has given the following "Qualified Opinion" paragraph in the audit report of the Company prepared for the year ended on June 30, 2020. In this regard, we may disseminate the following news through our online trading system: Qualified Opinion: 1. In the year 2013 an amendment has been made in section-232 of Labor Law-2006. Due to the amendment DESCO requires to maintain (cont.1)

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