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WATACHEM

All Eps Dividend Board Agm Q1 Q2 Q3

WATACHEM 25-Nov-2021

The auditor of the Wata Chemicals Limited has given the "Qualified Opinion" & "Emphasis of matters" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: 1. Reference to Note # 02 to the financial statements, no depreciation has been charged on LABSA plant and BCP plant of the company on the ground that these plants are not in use since 2008. However, as per Para 55 of IAS 16, (cont.1)

WATACHEM 21-Nov-2021

(Continuation news of WATACHEM): with a statement with the details (Shareholders name, BO ID number, client wise shareholding position, gross dividend receivable, applicable tax rate and net dividend receivable) of their margin loan holders who holds the Company's share as on the Record Date, alone with the name of the contact person in this connection, to the Corporate Office. The concerned Brokerage Houses are also requested to provide their Bank Account name and number etc. to said email address. (end)

WATACHEM 21-Nov-2021

The Company has requested the shareholders to update their respective BO account with e-TIN, Bank Accounts, Address, Mobile Number and email address in the BO Account through their respective Brokerage Houses/DPs before the record date. If anyone fails to update their e-TIN before the Record Date, disbursement of respective dividend will be subject to deduction of AIT @ 15% instead of 10% (in the case of individual) and also requested the concerned Brokerage Houses/DPs to provide (cont.)

WATACHEM 21-Nov-2021

There will be no price limit on the trading of the shares of the Company today (21.11.2021) following its corporate declaration.

WATACHEM 21-Nov-2021

(Continuation news of WATACHEM): The Company also informed that during Pandemic Corona Virus (COVID- 19) crisis, Production and Sales become frustrated. As a result, Net income after deduction of Tax decreased by Tk. 2,83,66,145.00 which causes the significant deviation in EPS. (end)

WATACHEM 21-Nov-2021

The Board of Directors has recommended 30% cash dividend for the year ended on June 30, 2021. Date of AGM: 30.12.2021. Time: 10.15 AM, Venue: Digital Platform Record Date: 08.12.2021. The Company has also reported EPS of Tk. 6.14, NAV per share of Tk. 60.22 and NOCFPS of Tk. 4.62 for the year ended on June 30, 2021 as against Tk. 8.05, Tk. 59.02 and Tk. 6.56 respectively for the same period of the previous year. (cont.)

WATACHEM 14-Nov-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 November 20, 2021 at 5:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

WATACHEM 21-Oct-2021

(Continuation news of WATACHEM): Magnesium Sulphate were decreased by Tk. 4,35,35,406.00, Tk. 14,16,84,000.00 and Tk. 11,01,40,000.00 respectively. But due to pandemic COVID- 19 disaster which is unavoidable and beyond their control, the Company unable to continue consistency in sales and production process. COGS thus decreased by Tk. 14,43,76,330.00. As a result, Net income after deduction of tax decreased by Tk. 5,70,35,767.00 which causes the significant deviation in EPS. (end)

WATACHEM 21-Oct-2021

(Q3 Un-audited): The Company further informed that during pandemic COVID- 19 crisis, production and sales became totally frustrated. As a result, EPS of the third quarter of 2019-2020 was Tk. 8.64 whereas the third quarter EPS of 2020-2021 is Tk. 4.79. Sulphuric acid sales were increased by Tk. 7,83,89,953.00 against the same period of the previous year but on the otherhand sale of alum Sulphate, Zinc Sulphate and (cont.)

WATACHEM 21-Oct-2021

(Q3 Un-audited): EPS was Tk. 0.68 for January-March 2021 as against Tk. 2.04 for January-March 2020; EPS was Tk. 4.79 for July 2020-March 2021 as against Tk. 8.64 for July 2019-March 2020. NOCFPS was Tk. 3.42 for July 2020-March 2021 as against Tk. 2.85 for July 2019-March 2020. NAV per share was Tk. 60.24 as on March 31, 2021 and Tk. 59.02 as on June 30, 2020.

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