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MAKSONSPIN

All Eps Dividend Board Agm Q1 Q2 Q3

MAKSONSPIN 20-Nov-2019

(Continuation news of MAKSONSPIN): Note 3.17 Going Concern: The Company has adequate resources to continue its operations for foreseeable future. For this reason, the directors continue to adopt the going concern basis in preparing the accounts. The resources of the company are sufficient to meet the present obligation of its existing businesses and operations. (End)

MAKSONSPIN 20-Nov-2019

(Continuation news of MAKSONSPIN): In addition, operating cash flows continues to be negative during the year as well as in the last few years. These conditions indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not qualified in respect of this matter. (Cont. 2)

MAKSONSPIN 20-Nov-2019

Material Uncertainty Related to Going Concern: We draw attention to Note # 3.17 in the financial statements which describes the basis of using going concern in preparing financial statements by the Company. The Company's profitability significantly dropped during the year from BDT 115,281,804 in 2017-18 to BDT 28,448,349 which is a decrease of more than 75%. (Cont. 1)

MAKSONSPIN 13-Nov-2019

(Q1 Un-audited): EPS was Tk. (0.02) for July-September 2019 as against Tk. 0.09 for July-September 2018; NOCFPS was Tk. 1.368 for July-September 2019 as against Tk. 0.136 for July-September 2018. NAV per share was Tk. 18.70 as on September 30, 2019 and Tk. 18.72 as on June 30, 2019.

MAKSONSPIN 07-Nov-2019

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 November 13, 2019 at 3.00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2019.

MAKSONSPIN 28-Oct-2019

There will be no price limit on the trading of the shares of the Company today (28.10.2019) following its corporate declaration.

MAKSONSPIN 28-Oct-2019

(Continuation news of MAKSONSPIN): (Situated at Factory premises of Maksons Spinning Mills Ltd.) Holding # 87, Ward # 5, Block # B, Shahid Minnat Ali Road # 4, Gouripur, Ashulia, Savar, Dhaka. Record date: 05.12.2019. The Company has also reported EPS of Tk. 0.12, NAV per share of Tk. 18.72 and NOCFPS of Tk. (0.10) for the year ended on June 30, 2019 as against Tk. 0.49, Tk. 19.10 and Tk. (0.80) respectively for the same period of the previous year. (end)

MAKSONSPIN 28-Oct-2019

The Board of Directors has recommended 2% cash dividend for general shareholders only (excluding Sponsors & Directors) for the year ended on June 30, 2019. The Sponsors/Directors hold 6,75,85,634 shares out of total 23,82,32,538 shares of the Company and the cash dividend to be payable to the General shareholders is Tk. 3,41,29,194.00 (including Tax). Date of AGM: 06.02.2020, Time: 10:00 AM, Venue: Maksons Group Conference Hall (cont.)

MAKSONSPIN 20-Oct-2019

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 27, 2019 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2019.

MAKSONSPIN 29-Apr-2019

(Q3 Un-audited): EPS was Tk. 0.11 for January-March 2019 as against Tk. 0.15 for January-March 2018; EPS was Tk. 0.06 for July 2018-March 2019 as against Tk. 0.36 for July 2017-March 2018. NOCFPS was Tk. 0.15 for July 2018-March 2019 as against Tk. 0.19 for July 2017-March 2018. NAV per share was Tk. 18.66 as on March 31, 2019 and Tk. 19.10 as on June 30, 2018.

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