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DESCO

All Eps Dividend Board Agm Q1 Q2 Q3

DESCO 23-Jan-2020

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 30, 2020 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2019.

DESCO 21-Nov-2019

Trading of the Shares of the Company will resume on 24.11.2019 after record date.

DESCO 20-Nov-2019

Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2019.

DESCO 18-Nov-2019

Qualified Opinion: In the year 2013 an amendment has been made in section-232 of Labor Law-2006. Due to the amendment DESCO requires to maintain Workers Profit Participation Fund (WPPF). The company approves the requirement in this year and makes provision for 2017-18 and 2018-19. 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.

DESCO 18-Nov-2019

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 19.11.2019 to 20.11.2019. Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2019.

DESCO 17-Nov-2019

(Q1 Un-audited): EPS was Tk. 1.14 for July-September 2019 as against Tk. 0.95 for July-September 2018; NOCFPS was Tk. 1.94 for July-September 2019 as against Tk. 1.75 for July-September 2018. NAV per share was Tk. 47.43 as on September 30, 2019 and Tk. 46.30 as on June 30, 2019.

DESCO 11-Nov-2019

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 14, 2019 at 5.30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2019.

DESCO 20-Oct-2019

The Company has further informed that the EPS for 2017-18 is restated to Tk. 1.19 due to adjustment of last year profit for Tk. 3.23 crore against Worker?s Profit Participatory Fund (WPPF).

DESCO 20-Oct-2019

There will be no price limit on the trading of the shares of the Company today (20.10.2019) following its corporate declaration.

DESCO 20-Oct-2019

(Continuation news of DESCO): The Company has also informed the following: EPS increased due to increase of sales volume and retail tariff which effect from December 01, 2017. Total revenue from Operation, Gross Profit and Operating profit increased due to increase of retail tariff. Income from other source (Net) increased due to increase of interest rate and FDR. Net Income increased due to sales volume interest rate. (end)

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