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SQUARETEXT

All Eps Dividend Board Agm Q1 Q2 Q3

SQUARETEXT 15-Nov-2021

(Q1 Un-audited): Consolidated EPS was Tk. 2.30 for July-September 2021 as against Tk. 0.22 for July-September 2020; Consolidated NOCFPS was Tk. 5.23 for July-September 2021 as against Tk. 2.55 for July-September 2020. NAV per share was Tk. 40.99 as on September 30, 2021 and Tk. 38.69 as on June 30, 2021. During the period EPS Increased by BDT 2.08 (945.45%) due to increased production and increased sales price of yarn.

SQUARETEXT 08-Nov-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 November 14, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.

SQUARETEXT 24-Oct-2021

(Continuation news of SQUARETEXT): Furthermore, the reduced corporate tax rate (22.5% from last year's 25%) for public entities for the concerned financial year (2020-21) helped us reducing tax expenses which in turn resulted in the increment of EPS. (end)

SQUARETEXT 24-Oct-2021

(Continuation news of SQUARETEXT): Sales Price increased by Tk. 26.44 per kg due to following reasons; Increased Raw Materials Prices (Sales price increased in higher ratio in comparison with price of Raw Materials); Increase of Demand in Locally & Internationally. Other income increased due to refund from Provident Fund as Forfeiture balance as per FRC notification. (cont.2)

SQUARETEXT 24-Oct-2021

Dividend Declaration (Additional Information): The Clarification on increase in Earnings per Share (EPS) are as follows: Production quantity increased by 3,974 ton due to following reasons: Efficient usage of Raw Materials; BMRE of Machineries; Increased Production Efficiency; Replacement of New Technologies. (cont.1)

SQUARETEXT 24-Oct-2021

There will be no price limit on the trading of the shares of the Company today (24.10.2021) following its corporate declaration.

SQUARETEXT 24-Oct-2021

(Continuation news of SQUARETEXT): The Company has also approved a new investment plan to increase the production capacity of the factory: Facility to be built: Yarn production capacity; Capacity to be increased: 11,565 tons per annum; Estimated project cost: BDT 346.00 crore; Expected date of completion: April, 2023; Estimated turnover: BDT 371.00 crore per annum; Expected profit contribution: Around 5-7% on turnover. (end)

SQUARETEXT 24-Oct-2021

(Continuation news of SQUARETEXT): The Company has also reported Consolidated EPS of Tk. 3.41, Consolidated NAV per share of Tk. 38.69 and Consolidated NOCFPS of Tk. 6.33 for the year ended on June 30, 2021 as against Tk. 0.27, Tk. 36.29 and Tk. (0.16) respectively for the same period of the previous year. (cont. 2)

SQUARETEXT 24-Oct-2021

The Board of Directors has recommended 20% cash dividend for the year ended on June 30, 2021. The Board has also approved Tk. 30.00 crore for BMRE purpose. Date of AGM: 15.12.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 22.11.2021. (cont. 1)

SQUARETEXT 10-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 21, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

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