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GPHISPAT

All Eps Dividend Board Agm Q1 Q2 Q3

GPHISPAT 06-Jun-2021

(Continuation news of GPHISPAT): BSEC notification dated 18 August 2013. The amount of Fixed Assets has been increased from Tk. 3,85,16,77,558.00 to Tk. 8,18,20,60,663.00. Revaluation surplus was Tk. 4,33,03,83,105.00. They also informed that after revaluation Net Assets Value would be Tk. 11,72,42,17,480 and NAV per share would be Tk. 29.52. (end)

GPHISPAT 06-Jun-2021

The Company has informed that the Board of Directors has approved the revaluation of Fixed Assets (Land) as on March 31, 2021. The revaluation was performed by renowned Chartered Accountancy firm Ahmed Zaker & Co. The valuation of land was based on estimated net realizable value method (the market approach) and rest of the class of assets was based on depreciated replacement cost method (the cost approach) complying with International Valuation Standards (IVS) and (cont.)

GPHISPAT 23-May-2021

(Continuation news of GPHISPAT): significant deviation has been occurred compared to the corresponding period. NAV: NAV per share is increased due to incremental Net Profit in comparing to the reporting period ended on March 31, 2021. NOCFPS: NOCFPS increased due to collection against sales was higher than the payment to supplier and lower investment in working capital. As a result, NOCFPS was positive in comparing with the previous period. (end)

GPHISPAT 23-May-2021

(Q3 Un-audited): Reason of significant deviation in EPS, NAV per Share and (NOCFPS: EPS: The Company marketed its new products from the trail production of the new expansion plant. As a result, the market share of the Company has been increased significantly. Moreover, the Company started the export of MS Billet of its new expansion plant which is the new market opportunity for the Company. The combined effects of all above registered a positive impact on EPS and (cont.)

GPHISPAT 23-May-2021

(Q3 Un-audited): EPS was Tk. 1.14 for January-March 2021 as against Tk. 0.12 for January-March 2020; EPS was Tk. 2.89 for July 2020-March 2021 as against Tk. 0.94 for July 2019-March 2020. NOCFPS was Tk. 1.28 for July 2020-March 2021 as against Tk. (4.16) for July 2019-March 2020. NAV per share was Tk. 18.62 as on March 31, 2021 and Tk. 17.01 as on June 30, 2020.

GPHISPAT 16-May-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 May 22, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.

GPHISPAT 12-May-2021

(Continuation news of GPHISPAT): In that context, one of the members of management of the company spoke to the media regarding the issue and he urged to the government to extend its support without which it would not be possible to implement the public desire during pandemic situation. But the Board of Directors of the company not yet decided regarding the said investment." (end)

GPHISPAT 12-May-2021

(Continuation news of GPHISPAT): for the purpose of corona patient's treatment during the COVID-19 pandemic. Recently, the news highlighted in media regarding the crisis of medical oxygen and the persons from different corners like media and civil society insist us to invest in the oxygen plant to increase the production capacity that the country could overcome the crisis of medical oxygen in COVID-19 pandemic situation. (cont. 2)

GPHISPAT 12-May-2021

In response to a DSE query dated May 06, 2021 regarding clarification on recent news published in the newspaper to import $5m medical oxygen plant, the Company has informed that "In this connection we would like to furnish that GPH Ispat Limited is one of the largest oxygen producers in Bangladesh to meet the requirement of its new established steel plant and supplies the additional surplus quantity of oxygen at free of cost to the government and private hospitals (cont. 1)

GPHISPAT 16-Feb-2021

Alpha Credit Rating Limited (AlphaRating) has rated the Company as "AA" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the Company as on June 30, 2020 and relevant qualitative information till February 14, 2021.

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