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PADMAOIL

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PADMAOIL 27-Dec-2020

There will be no price limit on the trading of the shares of the Company today (27.12.2020) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.

PADMAOIL 27-Dec-2020

The Board of Directors has recommended 125% cash dividend for the year ended on June 30, 2020. Date of AGM: 27.02.2021, Time: 11:00 AM, Venue: Digital Platform. Record date: 18.01.2021. The Company has also reported EPS of Tk. 27.79, NAV per share of Tk. 157.64 and NOCFPS of Tk. 80.91 for the year ended on June 30, 2020 as against Tk. 29.07, Tk. 142.85 and Tk. (52.29) respectively for the same period of the previous year.

PADMAOIL 14-Dec-2020

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 December 24, 2020 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

PADMAOIL 14-Dec-2020

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 December 24, 2020 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.

PADMAOIL 12-Nov-2020

The Company has informed that Mr. Md. Abu Bakr Siddique, Chairman, BPC (Secretary to Govt.) has been appointed as Chairman of the Board of Directors of the Company with effect from November 05, 2020.

PADMAOIL 23-Sep-2020

The Company has informed that Bangladesh Petroleum Corporation has fixed excise duty free price of Marine fuel for supplies to foreign/local ships plying on water territory of Bangladesh arrived at Chattogram and Mongla Ports according to IMO Regulation. The Company will receive sale margin of Tk. 0.55 against per liter sale of Marine fuel.

PADMAOIL 13-Sep-2020

The Company has informed that for the expansion of business, the Company has signed an agreement with Omera Gas One Limited, Dhaka to sale LPG by establishing LPG (Auto gas) Refueling Station parallel to the sale of Petroleum Oil through company's registered Filling Stations. As per the agreement, the Company will receive royalty of Tk. 0.50 against per Liter sale of LPG (Auto gas).

PADMAOIL 07-Sep-2020

The Company has informed that for the expansion of business, the Company has signed an agreement with Beximco LPG Unit-1 Limited, Dhaka to sale LPG by establishing LPG (Autogas) Refueling Station parallel to the sale of Petroleum Oil through company's registered Filling Stations. As per the agreement, the Company will receive royalty of Tk. 0.50 against per Liter sale of LPG.

PADMAOIL 02-Sep-2020

The Company has informed that for the expansion of business, the Company has signed an agreement with Energy Pack Power Generation Limited, Dhaka to sale LPG by establishing LPG (Autogas) Refueling Station and Liquefied Petroleum Gas Conversion workshop parallel to the sale of Petroleum Oil through company's registered Filling Stations. As per the agreement, the Company will receive royalty of Tk. 0.50 against per Liter sale of LPG.

PADMAOIL 15-Jun-2020

(Continuation news of PADMAOIL): EPS has been increased due to increase in handling commission as compared to last year?s corresponding periods. Besides, non-operating income against deposits (FDR & SND) at banks have also increased during the periods. NOCFPS has been increased due to decreased inventories. (end)

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