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ENVOYTEX

All Eps Dividend Board Agm Q1 Q2 Q3

ENVOYTEX 12-Oct-2021

(Continuation news of ENVOYTEX): freight charges and shipment delays, forcing the Company to compromise prices to stay afloat. COGS increased by 0.97% because of these reasons, resultant GP margin reduced by 0.51%, even though revenue slightly increased in last quarter of the reporting year. Net profit before tax increased by 1.02% but the net profit after tax reduced by 65.43% due to an adjustment in provisioning for deferred income tax. (cont. 3)

ENVOYTEX 12-Oct-2021

(Continuation news of ENVOYTEX): The business operation has been showing signs of recovery ever since the final quarter of fiscal 2020-21 despite facing various challenges amidst the ongoing Covid-19 pandemic. Rising cotton prices have come as a fresh blow to the business, put stress on profitability in export markets. Fabric has become costlier as cotton prices almost doubled in a year, higher fabric price induced by global cotton price hike has come on top of surging (cont. 2)

ENVOYTEX 12-Oct-2021

Dividend Declaration (Additional Information): The Company has further informed that significant deviation in the Earning per share and NOCFPS compared to the previous financial year of the Company for following reasons: The total revenue of the Company during the year has increased by 5.97% over previous financial year. The revenue flow in the first nine months were slowdown due to impact of the second weave of Coronavirus. (cont. 1)

ENVOYTEX 12-Oct-2021

There will be no price limit on the trading of the shares of the Company today (12.10.2021) following its corporate declaration.

ENVOYTEX 12-Oct-2021

(Continuation news of ENVOYTEX): The Company has also reported EPS of Tk. 0.56, NAV per share of Tk. 37.79 and NOCFPS of Tk. (2.25) for the year ended on June 30, 2021 as against Tk. 1.63, Tk. 38.43 and Tk. 1.56 respectively for the same period of the previous year. (end)

ENVOYTEX 12-Oct-2021

The Board of Directors has recommended 5% final cash dividend (Total 10% Cash Dividend of the Financial Year ended on June 30, 2021 inclusive 5% Interim Cash Dividend, which has already been paid) for the year ended on June 30, 2021. Date of AGM: 27.12.2021, Time: 11:00 AM, Venue: Digital Platform. Record date: 15.11.2021. (cont.)

ENVOYTEX 04-Oct-2021

As per Regulation 19(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 October 11, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

ENVOYTEX 03-Oct-2021

Credit Rating Agency of Bangladesh Limited (CRAB) has announced surveillance entity rating of the Company as "AA1" along with a stable outlook based on audited financial statements up to June 30, 2020; unaudited financial statements up to March 31, 2021, bank liability position as on August 31, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

ENVOYTEX 15-Jul-2021

(Cont. ENVOYTEX): c. Out of the total estimated cost of the project, BDT 561.90 million to be invested from the Company's retained earnings and remaining of BDT 1200 million to be financed by bank borrowings. The debt-equity ratio is considered at nearly 32:68 d. 98% of capacity assumed to be utilized. A production of around 60 to 70% to be consumed in-house for the denim production, and remaining is for deemed export market. e. The project is expected at a pay back of investment by 7 years. (end)

ENVOYTEX 15-Jul-2021

(Cont. ENVOYTEX): Additional information of the project: a. The project is scheduled to be completed by July 2022, subject to a usual business & health environment condition. b. The project is configured with all European and Japanese machineries with state-of-the-art ring spinning production facility. (cont. 2)

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