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MATINSPINN

All Eps Dividend Board Agm Q1 Q2 Q3

MATINSPINN 31-Oct-2021

(Cont. MATINSPINN): It was also observed that Inventory increased significantly to ensure uninterrupted supply of raw material to the production as well as to get price benefit since raw materials demand and prices are also increasing trend. Net Asset Value per Share: Net Asset Value per share has been increased considerably due to excellent operating performance for the year under review as reflected in the EPS as well. (end)

MATINSPINN 31-Oct-2021

(Cont. MATINSPINN): Decreased in NOCFPS: MSML sales proceeds complete through B2B deferred LC for 90-120 days. As per huge demand of cotton-based produce in Q3 and Q4 of RMG Sector, Matin Spinning Mills Limited yarn delivery in Q3 and Q4 increased up to Tk. 2835 million under B2B LC. For this reasons receivable increased significantly. During the reporting period receivables has increased due to un-realization of receivable that would be received in due course as receivables are covered by LCs. (cont.3)

MATINSPINN 31-Oct-2021

(Cont. MATINSPINN): Increase in EPS: EPS has been increased due to increase in Sales Revenue as well as sales quantity and there was no significant additional fixed expenditure against the incremental revenue except variable cost. As such there is a positive impact of EPS enhancement. Also noted that during the reporting year, MSML management has decided to made a sum of provision for bad and doubtful debts due to non-realization of long pending outstanding from external customer as per IFRS 9.(cont.2)

MATINSPINN 31-Oct-2021

The Board of Directors has recommended 40% Cash dividend for the year ended on June 30, 2021. Date of AGM: December 13, 2021, Time: 11:30 AM, Venue: Digital Platform. Record Date: November 17, 2021. The Company has reported EPS of Tk. 6.31, NAV per share of Tk. 53.84 and NOCFPS of Tk. 0.40 for the year ended on June 30, 2021 as against Tk. 2.16, Tk. 49.29 and Tk. 5.47 respectively for the same period of the previous year. (cont.1)

MATINSPINN 31-Oct-2021

(cont. of MATINSPINN): and Hamza Textiles Ltd (Revised Contract Amount (USD) Minimum 5,00,000 Maximum 45,00,000) under common Directorship subject to approval by the shareholders in upcoming Annual General Meeting. The contracts will remain initially valid for 36 months effective from 01 July 2021 and shall continue unless terminated at any time by both the Seller and the Buyer on one month’s prior written notice. (end)

MATINSPINN 31-Oct-2021

The Company has informed that Board of Directors have approved 04 (Four) Revised Contracts for Sale of Yarn between Matin Spinning Mills Limited and the following Private Limited Companies: Flamingo Fashions Limited (Revised Contract Amount (USD) Minimum 50,00,000 Maximum 225,00,000), Jinnat Apparels Limited (Revised Contract Amount (USD) Minimum 30,00,000 Maximum 125,00,000) Jinnat Knitwears Limted (Revised Contract Amount (USD) Minimum 50,00,000 Maximum 200,00,000) (Cont.)

MATINSPINN 18-Oct-2021

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 28, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

MATINSPINN 02-May-2021

(Q3 Un-audited): EPS was Tk. 1.92 for January-March 2021 as against Tk. 0.88 for January-March 2020; EPS was Tk. 4.03 for July 2020-March 2021 as against Tk. 1.69 for July 2019-March 2020. NOCFPS was Tk. 6.30 for July 2020-March 2021 as against Tk. 4.07 for July 2019-March 2020. NAV per share (with revaluation reserve) was Tk. 51.54 as on March 31, 2021 and Tk. 49.29 as on June 30, 2020

MATINSPINN 25-Apr-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 April 29, 2021 at 2:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.

MATINSPINN 07-Feb-2021

(Cont. of MATINSPINN): availed as Loan from DEG - Deutsche Investitions- und EntwicklungsgeseIIschaft mbH, Kammergasse 22, 50676 Cologne, Germany and the rest amount of BDT 61 crore will be financed from Company's own source. After complementation of the project, yearly production will be increased approximately 8.50-9.00 ton per day and estimated increase in Turnover will be BDT 95-100 crore per annum approximately. (end)

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