BullBD Old Apps Site
Home
Favorites
Recently viewed Details Chart Today news Share news Top gainer Top Looser Upcoming events
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0 1 2 3 4 5 6 7 8 9 All
Bank Cement Ceramics Sector Corporate Bond Engineering Financial Institutions Food & Allied Fuel & Power IT Sector Insurance Jute Life Insurance Miscellaneous Mutual Funds Paper & Printing Pharmaceuticals & Chemicals Services & Real Estate Tannery Industries Telecommunication Textile Travel & Leisure All
  • Details
  • Chart
  • News

FIRSTFIN

All Eps Dividend Board Agm Q1 Q2 Q3

FIRSTFIN 16-Jul-2019

(Continuation news of FIRSTFIN): Bangladesh Bank has further penalized the Company amounting to Tk. 62,37,646.00 for the shortfall of CRR for the month of July 2018. The Company has however applied to Bangladesh Bank for condonation and recorded a provision of Tk. 10,00,000.00 against this penalty based on previous settlement amount with Bangladesh Bank related to similar violations. (cont. 7)

FIRSTFIN 16-Jul-2019

(Continuation news of FIRSTFIN): which Tk. 8,08,00,000.00 will be expensed in 2019 and Tk. 21,94,924.00 will be amortized in 2020. (4) Referring to Note 3.01.01 (a) of Financial Statements, in respect of Cash reserve requirement (CRR), there was shortage in maintenance of CRR for the months of January to June 2018 for which the company has paid a token penalty to Bangladesh Bank amounting to Tk. 20,00,000.00. (cont. 6)

FIRSTFIN 16-Jul-2019

(Continuation news of FIRSTFIN): The Company has obtained permission from Bangladesh Bank through letter no. DFIM(C) 1058/42/2017 to adjust this difference over three (3) years starting from June 2017. As detailed in Note 10.03, FFL has created a Deferred Interest Expenses asset in the balance sheet which is being amortized since then. The total interest expense yet to be amortized is Tk. 8,29,94,924.00 of (cont. 5)

FIRSTFIN 16-Jul-2019

(Continuation news of FIRSTFIN): Bangladesh Bank through letter no. FllD/l-10/2018-1182 dated 13 November 2018 to adjust this difference over three (3) years starting from March 2019. (3) We draw your attention to Note 10.03 of the Financial Statements which describe the impact an under-accrual of Interest Expense on Term Deposits. The Company had under-accrued Interest Expense worth Tk. 24.15 Crore as at 31st December 2016. (cont. 4)

FIRSTFIN 16-Jul-2019

(Continuation news of FIRSTFIN): (2) We draw your attention to Note 7:00 of the Financial Statements which describe the effect of a difference in the balance of Lease, Loans and Advances between the FICL statement and the Company's general ledger. A difference of Tk. 20,58,04,139.00 exists in the Leases, Loans, and Advances balances between the FICL statement and the Company's general ledger. The Company has obtained permission from (cont. 3)

FIRSTFIN 16-Jul-2019

(Continuation news of FIRSTFIN): which describe the effect of a provision shortfall against Leases, Loans and Advances. The provision recorded by the Company as at 31st December 2018 has a shortfall of Tk. 460,000,000.00. The Company has obtained permission from Bangladesh Bank through letter no. DFIM(C) 1054/42/2019-1272 dated 23 June 2019 to adjust this shortfall and increase the provision amount within five (5) years starting from the year 2020. (cont. 2)

FIRSTFIN 16-Jul-2019

The auditor of the company has given the following "emphasis of matter" paragraph in the audit report of the company prepared for the year ended on 31 December 2018. Emphasis of Matter: We draw attention to the following Notes to the Financial Statements, which describe several matters related to the Company's operations. Our opinion is not qualified in respect to any of these matters: (1) We draw your attention to Note 7.08 of the Financial Statements, (cont. 1)

FIRSTFIN 09-Jul-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 from 10.07.2019 to 22.07.2019. Trading of the shares of the Company will remain suspended on record date i.e., 23.07.2019.

FIRSTFIN 02-Jul-2019

The Company has informed that the Board of Directors has been unanimously elected Mr. Md. Israfil Alam, MP as the Chairman of the Company with immediate effect.

FIRSTFIN 30-Jun-2019

(Q1 Un-audited): EPS was Tk. (0.71) for January-March 2019 as against Tk. (1.70) for January-March 2018. NOCFPS was Tk. (8.71) for January-March 2019 as against Tk. 2.39 for January-March 2018. NAV per share was Tk. 6.68 as on March 31, 2019 and Tk. 7.39 as on December 31, 2018.

Previous Next page