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ILFSL

All Eps Dividend Board Agm Q1 Q2 Q3

ILFSL 18-Jul-2019

(Continuation news of ILFSL): FID circulars by Bangladesh Bank. During our audit we have verified investment asset (loan, lease and advance) and identified provision BDT 2,584,370,665 should be maintained against classified investment asset (loan, lease and advance) but provision maintained the Company against classified investment asset (loan, lease and advance) is BDT 59,584,853 which is provision shortfall of BDT 2,524, 785,812. Going Concern: We draw attention to (cont. 2)

ILFSL 18-Jul-2019

The auditor of the company has given the following "Basis for Qualified Opinion", "Going Concern" and "Emphasis of Matters" in the audit report of the company prepared for the year ended on 31 December 2018. Basis for Qualified Opinion: (1) Reference Note No.- 11: Other Liabilities, As per FID circular no. 08 dated 03 August 2002, Financial Institute should maintain provision against invested asset (classified or declassified) considering the quality of investment according to (cont. 1)

ILFSL 30-Jun-2019

The Company has further informed that 23rd AGM of the Company will be held at 11:00 AM. Other information of the earlier disclosure will remain unchanged.

ILFSL 30-Jun-2019

(Continuation news of ILFSL): v) Provision for Diminution in value of Investment has decreased by BDT 86 million as most of the provision is realized. vi) Provision for leases, loans and advances is increased by BDT 43 million as the quality of assets is increased. (end)

ILFSL 30-Jun-2019

(Continuation news of ILFSL): iii) Investment income is increased by 167.28% in comparison from the same period due to increased investment income of the subsidiary company. iv) Commission, fees, exchange and brokerage income is increased by 109.74% in comparison from the same period due to increased Commission, fees, exchange and brokerage income of the subsidiary company. (cont. 3)

ILFSL 30-Jun-2019

(Continuation news of ILFSL): The Company has further informed that Net Profit After Tax (NPAT) has declined by 80.39% compared to last year for the following reasons: i) In comparison for the same period in 2018, Interest income is increased by 9.6% due to increase of the weighted lending rate of Loans and advances. ii) Interest expense is increased by 26.73% in comparison from the same period due to increase of the cost of fund of the company. (cont. 2)

ILFSL 30-Jun-2019

(Q1 Un-audited): Consolidated EPS was Tk. 0.09 for January-March 2019 as against Tk. 0.45 for January-March 2018. Consolidated NOCFPS was Tk. (3.03) for January-March 2019 as against Tk. (0.29) for January-March 2018. Consolidated NAV per share was Tk. 13.45 as on March 31, 2019 and Tk. 13.36 as on March 31, 2018. (cont. 1)

ILFSL 30-Jun-2019

There will be no price limit on the trading of the shares of the Company today (30.06.2019) following its corporate declaration.

ILFSL 30-Jun-2019

(Continuation news of ILFSL): iv) Provision for Diminution in value of Investment has decreased by Tk. 23 million. v) Provision for income tax is increased by Tk. 141 million in 2018 compared to 2017 because the claim from write off loan is decreased by Tk. 365 million. (end)

ILFSL 30-Jun-2019

(Continuation news of ILFSL): i. In 2017, ILFSL has investment income of Tk. 189 million but this year there was loss of Tk. 64 million ii) Commission, fees, exchange and brokerage income has been decreased by Tk. 114 million due to less brokerage income from subsidiary (International Leasing Securities Limited). iii) Due to increase in asset quality Provisions for lease, loans and advances has decreased by Tk. 65 million in 2018 compared to 2017. (cont. 3)

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