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FAMILYTEX

All Eps Dividend Board Agm Q1 Q2 Q3

FAMILYTEX 01-Nov-2020

The Board of Directors has recommended No Dividend for the year ended on June 30, 2020. Date of AGM: 24.12.2020. Time: 10:30 AM. Venue: Reshmi Community Center, Airport Road, Chattogram. Record Date: 03.12.2020. The Company has also reported EPS of Tk. (0.151), NAV per share of Tk. 11.48 and NOCFPS of Tk. (0.123) for the year ended on June 30, 2020 as against Tk. (0.079), Tk. 11.63 and Tk. (0.12) respectively for the same period of the previous year.

FAMILYTEX 28-Oct-2020

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 31, 2020 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.

FAMILYTEX 06-Sep-2020

(Q3 Un-audited): EPS was Tk. (0.030) for January-March 2020 as against Tk. (0.028) for January-March 2019; EPS was Tk. (0.027) for July 2019-March 2020 as against Tk. (0.029) for July 2018-March 2019. NOCFPS was Tk. (0.250) for July 2019-March 2020 as against Tk. 0.002 for July 2018-March 2019. NAV per share was Tk. 11.60 as on March 31, 2020 and Tk. 12.21 as on June 30, 2019.

FAMILYTEX 20-Feb-2020

(Q2 Un-audited): EPS was Tk. 0.003 for October-December, 2019 as against Tk. (0.021) for October-December, 2018; EPS was Tk. 0.009 for July-December, 2019 as against Tk. 0.001 for July-December, 2018. NOCFPS was Tk. (0.043) for July-December, 2019 as against Tk. 0.145 for July-December, 2018. NAV per share was Tk. 11.639 as on December 31, 2019 and Tk. 12.211 as on June 30, 2019.

FAMILYTEX 20-Feb-2020

(Q1 Un-audited): EPS was Tk. 0.006 for July-September 2019 as against Tk. 0.023 for July-September 2018; NOCFPS was Tk. 0.006 for July-September 2019 as against Tk. 0.010 for July-September 2018. NAV per share was Tk. 11.636 as on September 30, 2019 and Tk. 12.211 as on June 30, 2019.

FAMILYTEX 01-Jan-2020

(Continuation news of FAMILYTEX): This continuous deteriorating trend in financial performance from operating activities has also resulted in negative operating cash flows over the same period. Note 12.00: Balance of Retained Earnings as on 30.06.2019 was Tk. 577,201,686 and as on 30.06.18 was Tk. 773,952,382. (end)

FAMILYTEX 01-Jan-2020

(Continuation news of FAMILYTEX): and good for realization. Hence, no provision for doubtful or bad debts was required to be recognized in the financial statements. Note 8.00: Balance of Trade and Other Receivables as on 30.06.2019 was Tk. 1,458,982,389 and as on 30.06.18 was Tk. 1,449,214,708. c) As disclosed in Note no. 12.00 to the financial statements, the Company has incurred significant amount of recurring net losses consecutively for two years in a row including current year. (cont. 3)

FAMILYTEX 01-Jan-2020

(Continuation news of FAMILYTEX): Note 7.00: Balance of Inventories as on 30.06.2019 was Tk. 1,338,289,483 and as on 30.06.18 was Tk. 1,210,145,326. b) As reported in Note no. 8.00 in the financial statements, trade and other receivables balances stood at Tk. 1,458,982,389 as on 30 June 2019. Since these balances of outstanding trade receivables were all created against export letter of credit (LC) issued from banks, the management of the Company considered all such balances as secured (cont. 2)

FAMILYTEX 01-Jan-2020

Emphasis of Matter: Without qualifying our opinion, we would like to draw attention on the following matters as disclosed in the financial statements: a) As referred in Note no. 7.00 to the financial statements, Inventories were carried at Tk. 1,338,289,483 at the reporting date. Inventory valuation along with physical verification was performed at the reporting date by management of the Company by taking into account of obsolete and damaged items. (cont. 1)

FAMILYTEX 26-Dec-2019

Trading of the Shares of the Company will resume on 29.12.2019 after record date.

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