Sun, 9th February 2025

6:39 am

Dividend Disbursement

The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2024 to the respective shareholders.

Wed, 29th January 2025

4:05 am

Q2 Financials

(Continuation news of SONARGAON): NOCFPS has been decreased due to higher payment to party and others. NAVPS has been decreased due to net profit after tax. (end)

Wed, 29th January 2025

4:05 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. (0.23) for October-December 2024 as against Tk. (0.17) for October-December 2023; EPS was Tk. (0.21) for July-December 2024 as against Tk. (0.25) for July-December 2023. NOCFPS was Tk. 0.025 for July-December 2024 as against Tk. 0.028 for July-December 2023. NAV per share was Tk. 19.11 as on December 31, 2024 and Tk. 19.31 as on June 30, 2024. Reasons for deviation in NOCFPS and NAVPS: (cont.)

Sun, 26th January 2025

6:19 am

Appointment of Company Secretary

The company has informed that Mr. Pintu Sikder QCS has been appointed as the Company Secretary of the company with effect from January 20, 2025.

Sun, 26th January 2025

4:49 am

Board Meeting schedule under LR 16(1)

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 January 28, 2025 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2024.

Wed, 8th January 2025

4:04 am

Query Response

In response to the DSE query dated January 07, 2025, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.

Tue, 3rd December 2024

10:32 am

Qualified Opinion, Emphasis of Matter and Going Concern

The auditor of the company has given a "Qualified Opinion", an "Emphasis of Matter", and a "Material Uncertainty Related to Going Concern" paragraph in the audited financial statement of the company for the year ended June 30, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/November/Sonargaon_2024.pdf

Sun, 17th November 2024

8:09 am

Resumption after Record date

Trading of the shares of the company will resume on 18.11.2024.

Thu, 14th November 2024

7:14 am

Suspension for Record date

Trading of the shares of the company will remain suspended on the record date, i.e., 17.11.2024.

Wed, 13th November 2024

4:04 am

Q1 Financials

(Continuation news of SONARGAON): NOCFPS increased due to higher collection from customers and others. NAVPS increased due to Net profit after Tax. (end)

Wed, 13th November 2024

4:04 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. 0.02 for July-September 2024 as against Tk. (0.08) for July-September 2023. NOCFPS was Tk. 0.04 for July-September 2024 as against Tk. (0.10) for July-September 2023. NAV per share was Tk. 19.33 as on September 30, 2024 and Tk. 19.31 as on June 30, 2024. Reasons for deviation in EPS, NOCFPS and NAVPS: EPS has increased due to production and sales volume increased in this quarter. (cont.1)

Tue, 12th November 2024

5:59 am

Spot News

Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 13.11.2024 to 14.11.2024 and trading of the shares will remain suspended on record date i.e., 17.11.2024.

Sun, 10th November 2024

5:14 am

Board Meeting schedule under LR 16(1)

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 12, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.

Sun, 27th October 2024

4:04 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (27.10.2024) following its corporate declaration.

Sun, 27th October 2024

4:04 am

Dividend Declaration

The Board of Directors has recommended 1% Cash Dividend for the year ended June 30, 2024. Date of AGM: 29.12.2024, Time: 12:00 PM, Venue: Hybrid System, Physical Presence at Zilla Shilpokala Academy Auditorium, Barishal. Record Date: 17.11.2024. The Company has also reported EPS of Tk. 0.27, NAV per share of Tk. 19.31 and NOCFPS of Tk. 0.03 for the year ended June 30, 2024 as against Tk. (0.23), Tk. 19.04 and Tk. 3.03 respectively for the year ended June 30, 2023.

Sun, 20th October 2024

5:44 am

Board Meeting schedule under LR 19(1)

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 26, 2024 at 11:00 AM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.

Sun, 7th July 2024

6:30 am

Appointment of Company Secretary

The company has informed that the Board of Directors has appointed Mr. Md. Anwar Hossain, Executive Director as Company Secretary of the company with effect from 01.07.2024.

Mon, 29th April 2024

4:04 am

Q3 Financials

(Continuation news of SONARGAON): Reasons for deviations: EPS has decreased during the Q3 quarter due to lower of production & sales volume which is comparatively negative than the same quarter of the previous year. NAV has been decreased due to negative trend in Net Profit After Tax. Conversely, NOCFPS has been increased mainly due to higher collection from customers & Others. (end)

Mon, 29th April 2024

4:04 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. 0.20 for January-March 2024 as against Tk. (0.10) for January-March 2023. EPS was Tk. (0.05) for July 2023-March 2024 as against Tk. 0.07 for July 2022-March 2023. NOCFPS was Tk. 0.35 for July 2023-March 2024 as against Tk. 0.06 for July 2022-March 2023. NAV per share was Tk. 19.00 as on March 31, 2024 and Tk. 19.04 as on June 30, 2023. (cont.)

Wed, 24th April 2024

8:19 am

Board Meeting schedule under LR 16(1)

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 28, 2024 at 03:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.

Tue, 30th January 2024

4:23 am

Q2 Financials

(Continuation news of SONARGAON): EPS has been decreased due to reduction of the production and Sales volume in the 2nd quarter of 2023 which is mainly due to market damage, price increase of raw cotton and at a time shortage of workers. NOCFPS has been decreased because of decrease in cash collection from customers and others. NAVPS has also been decreased due to net loss after tax. (end)

Tue, 30th January 2024

4:23 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. (0.17) for October-December 2023 as against Tk. 0.05 for October-December 2022; EPS was Tk. (0.25) for July-December 2023 as against Tk. 0.15 for July-December 2022. NOCFPS was Tk. (0.001) for July-December 2023 as against Tk. 0.14 for July-December 2022. NAV per share was Tk. 18.79 as on December 31, 2023 and Tk. 19.04 as on June 30, 2023. Reasons for deviation in EPS, NOCFPS and NAVPS: (cont.)

Tue, 23rd January 2024

4:04 am

Board Meeting schedule under LR 16(1)

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 January 29, 2024 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.

Mon, 27th November 2023

6:34 am

Resumption after Record Date

Trading of the shares of the company will resume on 28.11.2023.

Sun, 26th November 2023

7:04 am

Suspension for Record Date

Trading of the shares of the company will remain suspended on record date i.e., 27.11.2023.

Wed, 22nd November 2023

5:40 am

Spot News

Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle from 23.11.2023 to 26.11.2023 and trading of the shares will remain suspended on record date i.e., 27.11.2023.

Wed, 15th November 2023

4:04 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. (0.08) for July-September 2023 as against Tk. 0.10 for July-September 2022. NOCFPS was Tk. (0.10) for July-September 2023 as against Tk. 0.11 for July-September 2022. NAV per share was Tk. 18.96 as on September 30, 2023 and Tk. 19.04 as on June 30, 2023.

Mon, 13th November 2023

5:59 am

Qualified Opinion, Emphasis of Matter & Material Uncertainty

The auditor of the company has given the "Qualified Opinion, Emphasis of Matter & Material Uncertainty Related to Going Concern" paragraph in the Auditor's Report of the company for the year ended June 30, 2023. To view the details, please visit: https://www.dsebd.org/assets/pdf/EM%20Sonargaon%20Textiles%20Limited%20for%20the%20year%20ended%20on%2030%20June%202023.pdf

Tue, 7th November 2023

10:31 am

Board Meeting schedule under LR 16(1)

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, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.

Thu, 26th October 2023

4:05 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (26.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.

Thu, 26th October 2023

4:05 am

Dividend Declaration

The Board of Directors has recommended No Dividend for the year ended June 30, 2023. Date of AGM: 27.12.2023, Time: 11.30 AM, Venue: Digital Platform. Record Date: 27.11.2023. The Company has also reported EPS of Tk. (0.23), NAV per share of Tk. 19.04 and NOCFPS of Tk. 3.03 for the year ended June 30, 2023 as against Tk. 0.33, Tk. 11.41 and Tk. 0.003 respectively for the year ended June 30, 2022.

Wed, 18th October 2023

10:32 am

Board Meeting schedule under LR 19(1)

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 25, 2023 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.

Tue, 29th August 2023

4:05 am

Appointment of Company Secretary

The Company has informed that the Board of Directors of the company has appointed Mr. Abu Zakir Ahmed, ACS as the Company Secretary of the company with effect from August 14, 2023.

Tue, 18th April 2023

4:05 am

Q3 Financials

(Continuation news of SONARGAON): Reasons for significant deviation in EPS, NOCFPS and NAVPS: EPS has been decreased due to lower of production and sales volume. NOCFPS has been increased due to higher collection from customers and others. NAVPS has been increased due to positive reflection in overall business scenario mainly due to Net profit after Tax. (end)

Tue, 18th April 2023

4:05 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. (0.10) for January-March 2023 as against Tk. 0.04 for January-March 2022. EPS was Tk. 0.07 for July 2022-March 2023 as against Tk. 0.24 for July 2021-March 2022. NOCFPS was Tk. 0.06 for July 2022-March 2023 as against Tk. 0.02 for July 2021-March 2022. NAV per share was Tk. 11.48 as on March 31, 2023 and Tk. 11.41 as on June 30, 2022. (cont.)

Thu, 13th April 2023

4:20 am

Board Meeting schedule under LR 16(1)

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 17, 2023 at 2:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.

Sun, 5th February 2023

4:15 am

Dividend Disbursement

The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.

Mon, 30th January 2023

4:05 am

Q2 Financials

(Continuation news of SONARGAON): Sales volume in the 2nd quarter of 2022 which is mainly due to market damage, price increase of raw cotton and at a time shortage of workers. NAV Per Share has also been increased due to the provision increased for unpaid dividend of 2022. It has also been positive trend in Net Profit After Tax, Retained Earnings and Assets. NOCFPS has been increased because of increase in cash collection from customers and others. (end)

Mon, 30th January 2023

4:05 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. 0.05 for October-December 2022 as against Tk. 0.28 for October-December 2021; EPS was Tk. 0.15 for July-December 2022 as against Tk. 0.20 for July-December 2021. NOCFPS was Tk. 0.14 for July-December 2022 as against Tk. 0.09 for July-December 2021. NAV per share was Tk. 11.46 as on December 31, 2022 and Tk. 11.41 as on June 30, 2022. The company has informed that EPS has been decreased due to reduction of the production and (cont.)

Wed, 25th January 2023

5:25 am

Board Meeting schedule under LR 16(1)

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 January 29, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.

Thu, 29th December 2022

8:29 am

Credit Rating Result

WASO Credit Rating Company (BD) Ltd. (WCRCL) has announced the entity rating of the Company as "BB3" in the long term and "ST-5" in the short term along with Negative outlook based on latest audited financial statement of the Company for FY2022 and other relevant qualitative and quantitative information up-to the date of the rating issuance.

Mon, 21st November 2022

7:49 am

Resumption after record date

Trading of the shares of the Company will resume on 22.11.2022 after record date.

Sun, 20th November 2022

10:31 am

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2022.

Thu, 17th November 2022

6:25 am

Qualified Opinion, Emphasis of Matter and Going Concern

(Continuation news of SONARGAON): Note 7.05 Retained Earnings: The balance of retained earnings as on 30 June, 2022 and 30 June, 2021 was Tk. (374,479,403) and Tk. (395,615,497) respectively. (end)

Thu, 17th November 2022

6:25 am

Qualified Opinion, Emphasis of Matter and Going Concern

(Continuation news of SONARGAON): The management is, however confident that, the company will continue in operational existence for a foreseeable future on the basis of continued support of the company's bank and shareholders'. Our opinion is not qualified in this regard. Note 8.01 Long Term Loan (Non-Current Maturity): Total Long Term Loan as on 30 June, 2022 and 30 June, 2021 was Tk. 963,281,225 and Tk. 925,966,529 respectively. (cont.6)

Thu, 17th November 2022

6:25 am

Qualified Opinion, Emphasis of Matter and Going Concern

(Continuation news of SONARGAON): inability to pay creditors on due date, inefficiency of key management indicated by the financial statements of the company. As stated in note no. 7.05 stated above, these events or conditions along with other matters indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue a going concern. (cont.5)

Thu, 17th November 2022

6:25 am

Qualified Opinion, Emphasis of Matter and Going Concern

(Continuation news of SONARGAON): We draw attention to the Statement of Profit or Loss and Other Comprehensive Income in the financial statements which indicates that the company has earned net profit of Tk. 8,832,422 during the year ended 30th June, 2022 but as of that date there has a negative retained earnings of Tk. 374,479,403. We also draw attention to new contracts with customers difficulties, (cont.4)

Thu, 17th November 2022

6:25 am

Qualified Opinion, Emphasis of Matter and Going Concern

(Continuation news of SONARGAON): Emphasis of Matter: We would like to draw your attention to Note 8.01 which describes the Company's on-going legal proceedings with two of their financial institutions namely; Mutual Trust Bank Limited and Bangladesh Development Bank Limited. Our audit opinion is not qualified in respect to this matter emphasized. Material Uncertainty Related to Going Concern: (cont.3)

Thu, 17th November 2022

6:25 am

Qualified Opinion, Emphasis of Matter and Going Concern

(Continuation news of SONARGAON): However, as per the Income Tax Ordinance, 1984, Section 30(i), any payment by way of salary or remuneration made otherwise that by crossed cheque or bank transfer by a person to any employee having gross monthly salary of taka twenty thousand or more will be inadmissible. We have found that the company has made cash payments to several employees every month that is over Tk. 20,000.00. (cont.2)

Thu, 17th November 2022

6:25 am

Qualified Opinion, Emphasis of Matter and Going Concern

The auditor of the Sonargaon Textiles Ltd. has given the "Qualified Opinion", "Emphasis of Matter" and "Going Concern" paragraphs in the Auditor's Report for the year ended 30 June 2022. Basis for Qualified Opinion: The Company's bank accounts are attached by the National Board of Revenue of Bangladesh. The management has decided to pay all salaries to employees throughout the financial year by cash payments. (cont.1)

Wed, 16th November 2022

7:55 am

Spot News

Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 17.11.2022 to 20.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2022.

Tue, 15th November 2022

4:00 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. 0.10 for July-September 2022 as against Tk. (0.08) for July-September 2021. NOCFPS was Tk. 0.11 for July-September 2022 as against Tk. 0.02 for July-September 2021. NAV per share was Tk. 11.51 as on September 30, 2022 and Tk. 11.41 as on June 30, 2022. Reasons for significant deviation: EPS has been increased due to increase in production and sales volume. NOCFPS has been increased due to higher collection from customers and others.

Thu, 10th November 2022

6:59 am

Board Meeting schedule under LR 16(1)

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, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.

Sun, 30th October 2022

3:29 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (30.10.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.

Sun, 30th October 2022

3:29 am

Dividend Declaration

(Continuation news of SONARGAON): Reasons for significant deviation in EPS, NAV and NOCFPS: EPS has increased due to growth in production and sales. NAV has increased due to increase in equity as well as current asset, inventory and receivable. NOCFPS has been decreased due to increasing the party payment, supplier payment and others payment during the fiscal year. (end)

Sun, 30th October 2022

3:29 am

Dividend Declaration

The Board of Directors has recommended 1% Cash Dividend for the year ended June 30, 2022. Date of AGM: 26.12.2022, Time: 11.00 AM, Venue: Digital Platform. Record Date: 21.11.2022. The Company has also reported EPS of Tk. 0.33, NAV per share of Tk. 11.41 and NOCFPS of Tk. 0.003 for the year ended June 30, 2022 as against Tk. (13.35), Tk. 11.08 and Tk. 7.86 respectively for the same period of the previous year. (cont.)

Mon, 24th October 2022

4:15 am

Board Meeting schedule under LR 19(1)

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, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.

Tue, 5th July 2022

10:46 am

Query Response

In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.

Sun, 24th April 2022

5:30 am

Q3 Financials

(Continuation news of SONARGAON): Significant deviation in EPS, NAV and NOCFPS: EPS increased due to higher production and sales volume. NOCFPS decreased due to lower collection from customers. NAV increased due to net profit after tax collection from customers. (end)

Sun, 24th April 2022

5:30 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. 0.04 for January-March 2022 as against Tk. (0.41) for January-March 2021; EPS was Tk. 0.24 for July 2021-March 2022 as against Tk. (1.29) for July 2020-March 2021. NOCFPS was Tk. 0.02 for July 2021-March 2022 as against Tk. 7.67 for July 2020-March 2021. NAV per share was Tk. 11.32 as on March 31, 2022 and Tk. 11.08 as on June 30, 2021. (Cont.)

Sun, 17th April 2022

4:04 am

Board Meeting schedule under LR 16(1)

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 21, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.

Mon, 31st January 2022

4:05 am

Q2 Financials

(Continuation news of SONARGAON): The Company has also informed that EPS has been increased due to enhancement of the production & sales volume. NAV has been increased due to positive trend in Net Profit After Tax, Retained Earnings and Assets. NOCFPS has been decreased because of reduction of the collection from the customers. (end)

Mon, 31st January 2022

4:05 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. 0.28 for October-December 2021 as against Tk. (0.46) for October-December 2020; EPS was Tk. 0.20 for July-December 2021 as against Tk. (0.87) for July-December 2020. NOCFPS was Tk. 0.09 for July-December 2021 as against Tk. 5.58 for July-December 2020. NAV per share was Tk. 11.28 as on December 31, 2021 and Tk. 11.08 as on June 30, 2021. (cont.)

Tue, 25th January 2022

4:10 am

Board Meeting schedule under LR 16(1)

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 January 30, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.

Sun, 28th November 2021

6:45 am

Resumption after record date

Trading of the shares of the Company will resume on 29.11.2021 after record date.

Thu, 25th November 2021

6:29 am

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 28.11.2021.

Tue, 23rd November 2021

5:49 am

Spot News

Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle from 24.11.2021 to 25.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 28.11.2021.

Wed, 17th November 2021

4:25 am

Qualified Opinion, Going Concern & Emphasis of matter

(Continuation news of SONARGAON): The facility of the company was also closed for significant period during the previous financial year. As stated in above, these events or 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 modified in respect to this matter. (end)

Wed, 17th November 2021

4:25 am

Qualified Opinion, Going Concern & Emphasis of matter

(Continuation news of SONARGAON): which indicates that the Company incurred a Operating loss of BDT 55,280,215 during the year ended June 30, 2021 and, as of that date, the has negative retained earnings of BDT 395,615,498. As of the signing of this report, the Company's production facility is operational but it is to be noted that the company's facility was closed for 10 months out of 12 months in the June 30 2021 financial year. (cont.7)

Wed, 17th November 2021

4:25 am

Qualified Opinion, Going Concern & Emphasis of matter

(Continuation news of SONARGAON): Company's on-going legal proceedings with two of their financial institutions: Mutual Trust Bank Limited and Bangladesh Development Bank Limited. Our audit opinion is not qualified in respect to this matter emphasized. Material Uncertainty Related to Going Concern: We draw attention to Statement of Profit and Loss and Other Comprehensive Income in the financial statements, (cont.6)

Wed, 17th November 2021

4:25 am

Qualified Opinion, Going Concern & Emphasis of matter

(Continuation news of SONARGAON): In respect of the addition, the payment Was made by cash, which is a violation of Income tax Ordinance 1984, section 30(m). which states that no entity is allowed to make payment exceeding taka fifty thousand or more in cash excluding: salary to an employee or any payment for government obligation or any payment on account of purchase of raw material. Emphasis of Matter: We would like to draw your attention to Note 14 which describes the (cont.5)

Wed, 17th November 2021

4:25 am

Qualified Opinion, Going Concern & Emphasis of matter

(Continuation news of SONARGAON): In respect of the addition, the payment Was made by cash, which is a violation of Income tax Ordinance 1984, section 30(m). which states that no entity is allowed to make payment exceeding taka fifty thousand or more in cash excluding: salary to an employee or any payment for government obligation or any payment on account of purchase of raw material. Emphasis of Matter: We would like to draw your attention to Note 14 which describes the (cont.5)

Wed, 17th November 2021

4:25 am

Qualified Opinion, Going Concern & Emphasis of matter

(Continuation news of SONARGAON): Welfare Fund and Workers Welfare Foundation Fund established under section 14 of the Bangladesh Workers Welfare Foundation Act, 2006. 3. As disclosed in the note # 4.00 to the financial statements regarding Property Plant and Equipment, amounting to TK 842,742,314. During the year the company's addition to the Property, Plant and Equipment amounts to Tk.213,071,827. (cont.4)

Wed, 17th November 2021

4:25 am

Qualified Opinion, Going Concern & Emphasis of matter

(Continuation news of SONARGAON): 2. The company have not paid its WPPF contribution for the year 2018-2019 and 2019-2020. This is a violation of the Bangladesh Labour Act 2006 Section 234, Subsection 2. Under the act, the company is supposed to pay, within 9 (nine) months of the close of every year, five percent (5%) of the net profit of the previous year at the proportion of 80:10:10 to respectively the Participatory Fund, (cont.3)

Wed, 17th November 2021

4:25 am

Qualified Opinion, Going Concern & Emphasis of matter

(Continuation news of SONARGAON): However, as per the Income Tax Ordinance, 1984, Section 30(i), Any payment by way of salary or remuneration made otherwise that by crossed cheque or bank transfer by a person to any employee having gross monthly salary of taka fifteen thousand or more will be inadmissible. We have found that the company has made cash payments to several employees every month that is over Tk. 15,000. (cont.2)

Wed, 17th November 2021

4:25 am

Qualified Opinion, Going Concern & Emphasis of matter

The auditor of the Sonargaon Textiles Ltd has given the "Qualified Opinion, Material Uncertainty Related to Going Concern & Emphasis of matter" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: 1. The Company's bank accounts are currently attached by the National Board of Revenue of Bangladesh. There the management have decided to pay all employee salaries throughout the financial year by cash payments. (cont.1)

Mon, 15th November 2021

4:05 am

Q1 Financials

(Cont. of SONARGAON): The company also informed that, reason for increase decrease in EPS, NA V and NOCFPS as follows: EPS has increased due to production and sales volume increased in the 1st quarter. NAV decreased due to Net loss after Tax, decrease in the company's Retained Earnings and Assets. NOCFPS increase due to increase customers & Others collection in the Quarter under review. (end)

Mon, 15th November 2021

4:05 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. (0.08) for July-September 2021 as against Tk. (0.41) for July-September 2020. NOCFPS was Tk. 0.02 for July-September 2021 as against Tk. (0.24) for July-September 2020. NAV per share was Tk. 11.00 as on September 30, 2021 and Tk. 11.08 as on June 30, 2021. (cont.)

Wed, 3rd November 2021

4:04 am

Board Meeting schedule under LR 16(1)

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 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.

Mon, 1st November 2021

4:05 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (01.11.2021) following its corporate declaration.

Mon, 1st November 2021

4:05 am

Dividend Declaration

(Continuation news of SONARGAON): NAV has decreased due to net loss after tax, decrease in company's Retained Earnings and Assets. NOCFPS have increased as the collection from the customers showed at a satisfactory level. (end)

Mon, 1st November 2021

4:05 am

Dividend Declaration

(Continuation news of SONARGAON): The Company has also informed that reason for significant deviation in EPS, NAV and NOCFPS as follows: EPS has decreased due to fall in production as the factory was closed for 12 months covering the period of accounts under review. It also attributed to adverse effect of pandemic COVID-19, written-off of old tamper lost slow moving raw cotton stock with eventual loss in sales of stock and financial cost. (cont. 2)

Mon, 1st November 2021

4:05 am

Dividend Declaration

The Board of Directors has recommended No dividend for the year ended on June 30, 2021. Date of AGM: 26.12.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 28.11.2021. The Company has also reported EPS of Tk. (13.35), NAV per share of Tk. 11.08 and NOCFPS of Tk. 7.86 for the year ended on June 30, 2021 as against Tk. (3.72), Tk. 24.43 and Tk. (0.78) respectively for the same period of the previous year. (cont. 1)

Tue, 19th October 2021

4:05 am

Board Meeting schedule under LR 19(1)

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 31, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

Tue, 25th May 2021

4:04 am

Decision to recommence the production

Referring to their earlier news disseminated by DSE on 01.02.2021 regarding Close down of the factory, the Company has further informed that the Board of Directors has decided to recommence the production activities of the Company from May 30, 2021 upon completion of the necessary works/steps related to the production of the Company.

Tue, 25th May 2021

4:04 am

Q3 Financials

(Continuation news of SONARGAON): The Company has also informed that reason for significant deviation in EPS, NAV and NOCFPS as follows: EPS has decreased due to fail in production volume for adverse effect of COVID 19 resulting full closure of Mill in the 3rd quarter. NAV has decreased due to Net loss after Tax, decrease in the Company's Retained Earnings and Assets. NOCFPS has been increased in collection from customer's in the 3rd quarter under review. (end)

Tue, 25th May 2021

4:04 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. (0.41) for January-March 2021 as against Tk. 0.04 for January-March 2020; EPS was Tk. (1.29) for July 2020-March 2021 as against Tk. 0.37 for July 2019-March 2020. NOCFPS was Tk. 7.67 for July 2020-March 2021 as against Tk. (0.76) for July 2019-March 2020. NAV per share was Tk. 23.14 as on March 31, 2021 and Tk. 24.43 as on June 30, 2020. (cont.)

Thu, 6th May 2021

4:04 am

Board Meeting schedule under LR 16(1)

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 May 24, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.

Mon, 1st February 2021

4:05 am

Q2 Financials

(Continuation news of SONARGAON): EPS has decreased due to fall in production volume for adverse effect of COVID 19 resulting full closure of mill in the 2nd quarter. NAV has decreased due to Net loss after Tax, decrease in the Company's Retained Earnings and Assets. NOCFPS has increased because of increased in collection from customer's in the 2nd quarter under review. (end)

Mon, 1st February 2021

4:05 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. (0.46) for October-December 2020 as against Tk. 0.26 for October-December 2019; EPS was Tk. (0.87) for July-December 2020 as against Tk. 0.33 for July-December 2019. NOCFPS was Tk. 5.58 for July-December 2020 as against Tk. 0.01 for July-December 2019. NAV per share was Tk. 23.55 as on December 31, 2020 and Tk. 24.43 as on June 30, 2020. The Company also informed that, reason for significant deviation in EPS, NAV and NOCFPS as follows: (cont.)

Mon, 1st February 2021

4:05 am

Close down of the factory

Referring to their earlier news disseminated by DSE on 01.11.2020 regarding Close down of the factory, the Company has further informed that the Board of Directors has decided under compiling current circumstances, the management decided to close down the operation of the factory until further notice.

Sun, 17th January 2021

4:05 am

Board Meeting schedule under LR 16(1)

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 January 31, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.

Wed, 25th November 2020

4:05 am

Resumption after record date

Trading of the shares of the Company will resume on 26.11.2020 after record date.

Tue, 24th November 2020

4:05 am

Suspension for Record Date

Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2020.

Tue, 24th November 2020

4:05 am

Material Uncertainty Related to Going Concern

(Continuation news of SONARGAON): Though the production facility is not currently operational, but the management has the intention to start its production facility again as early as possible. With a bid to augment its revenue followed by its financial position the company has resorted to some measures which envisage company's ability to continue as a going concern. (end)

Tue, 24th November 2020

4:05 am

Material Uncertainty Related to Going Concern

(Continuation news of SONARGAON): Note 2.7.3.- Going Concern: This financial statement has been prepared on the assumption that the entity is a going concern and will continue its business for the foreseeable future. Hence it is assumed that despite of consecutive two years losses and changes of key management the entity has neither the intention nor the need to liquidate or curtail materially the scale of its operation. (cont.3)

Tue, 24th November 2020

4:05 am

Material Uncertainty Related to Going Concern

(Continuation news of SONARGAON): retained earnings of BDT 55,453,156. As of the signing of this report, the Company's production facility is not operational. As stated in Note 2.7.3, these events or conditions, along with other matters as set forth in Note 2.7.3, 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 modified in respect of this matter. (cont.2)

Tue, 24th November 2020

4:05 am

Material Uncertainty Related to Going Concern

The auditor of Sonargaon Textiles Ltd has given the following "Material Uncertainty Related to Going Concern" paragraph in the audit report of the Company prepared for the year ended on June 30, 2020. Material Uncertainty Related to Going Concern: We draw attention to Note 2.7.3 in the financial statements, which indicates that the Company incurred a net loss of BDT 98,563,119 during the year ended June 30, 2020 and, as of that date, the has negative (cont.1)

Sun, 22nd November 2020

4:04 am

Spot News

Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle from 23.11.2020 to 24.11.2020. Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2020.

Sun, 15th November 2020

4:40 am

Q1 Financials

(Continuation news of SONARGAON): in EPS, NAV and NOCFPS as follows: EPS has decreased due to fail in production volume for adverse effect of COVID 19 resulting full closure of Mill in the 1st quarter. NAV has decreased due to Net loss after Tax, decrease in the Company's Retained Earnings and Assets. NOCFPS has been decreased due to lower sales and collection in the 1st quarter under review. (end)

Sun, 15th November 2020

4:40 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. (0.41) for July-September 2020 as against Tk. 0.07 for July-September 2019; NOCFPS was Tk. (0.24) for July-September 2020 as against Tk. 0.03 for July-September 2019. NAV per share was Tk. 24.01 as on September 30, 2020 and Tk. 24.43 as on June 30, 2020. The Company has also informed that reason for significant deviation (cont.)

Mon, 2nd November 2020

9:02 am

Board Meeting schedule under LR 16(1)

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 12, 2020 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, 2020.

Sun, 1st November 2020

9:01 am

Qualified Opinion & Emphasis of Matter

(Continuation news of SONARGAON): on-going legal proceedings with two of their financial institutions: Mutual Trust Bank Limited and Bangladesh Development Bank Limited. Our audit opinion is not qualified in respect to this matter emphasized. (end)

Sun, 1st November 2020

9:01 am

Qualified Opinion & Emphasis of Matter

(Continuation news of SONARGAON): In respect of amount of TK 115,908,494 which is seems to unrealizable and the management did not make provision on the doubtful receivable. So the financial statements are misstated by the overstatement of Trade & Other Receivables by the amount. Emphasis of Matter: We would like to draw your attention to Note 14 which describes the Company's(cont.2)

Sun, 1st November 2020

9:01 am

Qualified Opinion & Emphasis of Matter

The auditor of the Sonargaon Textiles Ltd has given the "Qualified Opinion" & "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 30 June 2020. In this regard, we may disseminate the following news through our online trading system: Qualified Opinion: As disclosed in the note 6.00 of the financial statements regarding Trade & Other Receivables amounting to TK 358,537,069. (cont.1)

Sun, 1st November 2020

4:06 am

Close down of the factory

Referring to their earlier news disseminated by DSE on 29.06.2020 regarding Close down of the factory, the Company has further informed that the Board of Directors has decided under compiling current circumstances, the management decided to close down the operation of the factory until further notice.

Sun, 1st November 2020

4:06 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (01.11.2020) 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.

Sun, 1st November 2020

4:06 am

Dividend Declaration

(Continuation news of SONARGAON): in EPS, NAV and NOCFPS as follows: EPS has been decreased due to fail in production for closure of Mill in 3 consecutive months and adverse effect of COVID 19, write off Advance Income Tax, loss of stock sale and financial cost. NAV has been decreased due to Net loss after Tax, decrease in the Company's Retained Earnings and Assets. NOCFPS has been decreased due to lower sales and collection in the year under review. (end)

Sun, 1st November 2020

4:06 am

Dividend Declaration

The Board of Directors has recommended No dividend for the year ended on June 30, 2020. Date of AGM: 24.12.2020, Time: 11:00 AM, Venue: Digital Platform. Record Date: 25.11.2020. The Company has also reported EPS of Tk. (3.72), NAV per share of Tk. 24.43 and NOCFPS of Tk. (0.78) for the year ended on June 30, 2020 as against Tk. 1.11, Tk. 28.45 and Tk. 0.55 respectively for the same period of the previous year. The Company has also informed that reason for significant deviation (cont.)

Wed, 14th October 2020

4:10 am

Board Meeting schedule under LR 19(1)

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 29, 2020 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.

Mon, 29th June 2020

3:56 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. 0.04 for January-March 2020 as against Tk. 0.59 for January-March 2019; EPS was Tk. 0.37 for July 2019-March 2020 as against Tk. 0.88 for July 2018-March 2019. NOCFPS was Tk. (0.76) for July 2019-March 2020 as against Tk. (0.01) for July 2018-March 2019. NAV per share was Tk. 29.51 as on March 31, 2020 and Tk. 29.44 as on June 30, 2019.

Sun, 28th June 2020

6:50 pm

Close down of the factory

The Company has informed that the Board of Directors has decided that under compiling current circumstances, to close down the operation of the factory until further notice.

Tue, 16th June 2020

9:25 am

Board Meeting schedule under LR 16(1)

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 June 28, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2020.

Thu, 30th January 2020

4:24 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. 0.26 for October-December 2019 as against Tk. 0.62 for October-December 2018; EPS was Tk. 0.33 for July-December 2019 as against Tk. 0.29 for July-December 2018. NOCFPS was Tk. 0.01 for July-December 2019 as against Tk. 0.11 for July-December 2018. NAV per share was Tk. 29.47 as on December 31, 2019 and Tk. 29.44 as on June 30, 2019.

Tue, 21st January 2020

9:00 am

Prohibition on providing loan facilities to purchase securities

DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Sonargaon Textiles Ltd. in between 1st to 30th trading day after change of categorization, with effect from January 22, 2020 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.

Tue, 21st January 2020

9:00 am

Category Change

The Company will be placed in 'B' category from existing 'Z' category with effect from January 22, 2020 as the Company has reported disbursement of 3% cash dividend for the year ended on June 30, 2019.

Wed, 15th January 2020

3:53 am

Board Meeting schedule under LR 16(1)

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 January 29, 2020 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2019.

Wed, 15th January 2020

3:53 am

Dividend Disbursement

The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2019 to the respective shareholders' address through courier service.

Tue, 26th November 2019

6:01 am

Basis for Qualified Opinion and Emphasis of Matter

(Continuation news of SONARGAON): The loan balance presented in the statement of financial position represent the original principle amount due plus accrued interest calculated as per the original interest and not the interest rate claimed by the bank. Due the ongoing litigation with the courts, the loan balance is subject to confirmation. (end)

Tue, 26th November 2019

6:01 am

Basis for Qualified Opinion and Emphasis of Matter

(Continuation news of SONARGAON): However, the bank made a suit through "Artha Rin Adalat" vide suit no. 878 of 2015 against the company for recovery of money with suit value taka 219,501,331 the company is currently contesting this claim in the courts. (cont. 7)

Tue, 26th November 2019

6:01 am

Basis for Qualified Opinion and Emphasis of Matter

(Continuation news of SONARGAON): on the loan facilities @ 13% of CC Hypo & 16% of the Term Loan. In the current year, the bank performed a reschedule for the loan due and the difference between the old and updated loan balance was accrued by the Company as interest expense to ensure the carrying value of the loan matches the amount confirmed by the bank. Long Term Loan includes a classified loan availed from Mutual Trust Bank (MTB) with a loan balance representing taka 29,20,80,230. (cont. 6)

Tue, 26th November 2019

6:01 am

Basis for Qualified Opinion and Emphasis of Matter

(Continuation news of SONARGAON): with the courts, the loan balance is subject to confirmation. Note No. 14: Long term loan (not due secured) is Tk. 523,858,156 for the year ended on 30 June 2019 and Tk. 520,933,135 for the year ended on 30 June 2018. The Company availed loan from Rupali Bank Limited (RBL) for Unit 3 through mortgage of Company's Fixed Assets and personal guarantee of all sponsor Directors. The bank performed a reschedule for the loan in the current year. The bank charges interest (cont.5)

Tue, 26th November 2019

5:59 am

Basis for Qualified Opinion and Emphasis of Matter

(Continuation news of SONARGAON): financial position equals Tk. 29,16,78,689. However, the bank has made a suit through Artha Rin Adalat vide suit no. 7 of 2017 with suit value 34,62,91,000. The company is currently contesting this claim in the courts. The loan balance presented in the statement of financial position represent the original principle amount due plus accrued interest calculated as per the original interest and not the interest rate claimed by the bank. Due to the ongoing litigation(cont.4)

Tue, 26th November 2019

5:59 am

Basis for Qualified Opinion and Emphasis of Matter

(Continuation news of SONARGAON): Bangladesh Development Bank Limited. Our audit opinion is not qualified in respect to this matter emphasized. Note No. 11: Current portion of Long Term Loan (Secured) is Tk. 348,821,599 for the year ended on 30 June 2019 and Tk. 263,424,661for the year ended on 30 June 2018. In respect of the loan facilities availed from Bangladesh Development Bank Ltd. (BDBL) (Former Bangladesh Shilpa Bank) for Unit No. 1, 2 & 3, the loan amount presented in the statement of (cont. 3)

Tue, 26th November 2019

5:59 am

Basis for Qualified Opinion and Emphasis of Matter

(Continuation news of SONARGAON): the Company's assets and liabilities. Consequently, we were unable to quantify the necessary adjustment amount for the relevant financial line items. Note. 16: Deferred tax liability is Tk. 53,854,640 as on 30 June 2019 and Tk. 53,675,856 as on 30 June 2018. Emphasis of Matter: We would like to draw your attention to Note 11 and 14 which describes the Company's on-going legal proceedings with two of their financial institutions: Mutual Trust Bank Limited and (cont. 2)

Tue, 26th November 2019

5:59 am

Basis for Qualified Opinion and Emphasis of Matter

Basis for Qualified Opinion: As per Note-16 to the Financial Statements, the Company has recorded a deferred tax liability of BDT 5,38,54,640 on the statement of financial position and a deferred tax expense of BDT 1,78,784 on the Statement of Profit & Loss. Due to limitation of the Company's financial records and information systems, the Company was unable to provide adequate and reliable audit evidence to determine the temporary differences between the accounting and tax values of (cont. 1)

Mon, 25th November 2019

6:33 am

Resumption after record date

Trading of the Shares of the Company will resume on 26.11.2019 after record date.

Sun, 24th November 2019

6:02 am

Suspension for Record Date

Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2019.

Sun, 17th November 2019

6:15 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. 0.07 for July-September, 2019 as against Tk. (0.33) for July-September, 2018; NOCFPS was Tk. 0.03 for July-September, 2019 as against Tk. 1.59 for July-September, 2018. NAV per share was Tk. 29.51 as on September 30, 2019 and Tk. 29.44 as on June 30, 2019.

Thu, 7th November 2019

4:00 am

Shifting of Spot date and Record Date

As per consent of BSEC, trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 12.11.2019 to 24.11.2019 instead of 07.11.2019 to 20.11.2019. Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2019 instead of 21.11.2019.

Wed, 6th November 2019

6:04 am

Spot News

Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 07.11.2019 to 20.11.2019. Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2019.

Mon, 4th November 2019

4:27 am

Board Meeting schedule under LR 16(1)

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, 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.

Thu, 31st October 2019

4:04 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (31.10.2019) following its corporate declaration.

Thu, 31st October 2019

4:04 am

Dividend Declaration

The Board of Directors has recommended 3% cash dividend for the year ended on June 30, 2019. Date of AGM: 18.12.2019, Time: 11:00 AM, Venue: Barisal Club, Barisal. Record Date: 21.11.2019. The Company has also reported EPS of Tk. 0.93, NAV per share of Tk. 29.44 and NOCFPS of Tk. 0.55 for the year ended on June 30, 2019 as against Tk. (0.57), Tk. 28.51 and Tk. 0.32 respectively for the same period of the previous year.

Thu, 17th October 2019

9:01 am

Board Meeting schedule under LR 19(1)

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

Mon, 29th April 2019

10:39 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. 0.59 for January-March 2019 as against Tk. (0.27) for January-March 2018; EPS was Tk. 0.88 for July 2018-March 2019 as against Tk. (1.02) for July 2017-March 2018. NOCFPS was Tk. (0.01) for July 2018-March 2019 as against Tk. 0.26 for July 2017-March 2018. NAV per share was Tk. 29.39 as on March 31, 2019 and Tk. 28.51 as on June 30, 2018.

Mon, 15th April 2019

9:58 am

Board Meeting schedule under LR 16(1)

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, 2019 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2019.

Thu, 31st January 2019

4:12 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. 0.62 for October-December 2018 as against Tk. (0.43) for October-December 2017; EPS was Tk. 0.29 for July-December 2018 as against Tk. (0.74) for July-December 2017. NOCFPS was Tk. 0.11 for July-December 2018 as against Tk. 0.30 for July-December 2017. NAV per share was Tk. 28.80 as on December 31, 2018 and Tk. 28.51 as on June 30, 2018.

Sun, 20th January 2019

9:14 am

Board Meeting schedule under LR 16(1)

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 January 30, 2019 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2018.

Thu, 27th December 2018

5:14 am

Query Response (Repeat News)

(Repeat News): In response to a DSE query dated December 24, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

Wed, 26th December 2018

4:02 am

Query Response

In response to a DSE query dated December 24, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

Tue, 4th December 2018

6:18 am

Emphasis of Matter

(Continuation news of SONARGAON): confirmation. For the smooth operations of the company the management should make proper arrangement to pay the banks obligations and make the loans regular. Iii) As disclosed in the note 16 and 27 of the financial statements regarding deferred tax liabilities and provision for income tax for the fair presentation of the financial statements, the management should assess the actual tax liability of the company immediately. (end)

Tue, 4th December 2018

6:16 am

Emphasis of Matter

(Continuation news of SONARGAON): Status and value of inventories also make provision to observe. counting of physical inventories by the auditor at the closing of the period. Steps also to be taken to assess the actual quantity of damaged stock to make sure whether the provision for loss is enough or not. ii) As disclosed in the notes 10, 11 and 14 of the financial statements regarding short and long term loans. Due to unavailability of bank statements the loan balances are subject to (cont.2)

Tue, 4th December 2018

6:16 am

Emphasis of Matter

Emphasis of Matter: The auditor of the company has given the following "Emphasis of Matter" Paragraphs in the audit report of the company for the year ended on 30 June 2018. Emphasis of Matter: i) As disclosed on the note 5.00 of the financial statements regarding inventories, the management should present the inventories in accordance with International Accounting Standard (IAS 2). Inventories and make proper consideration including recording in register, bin card etc. and ascertain actual (cont.1)

Wed, 28th November 2018

6:34 am

Query Response (Repeat News)

(Repeat News): In response to a DSE query dated November 27, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

Tue, 27th November 2018

7:53 am

Query Response

In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

Tue, 20th November 2018

7:42 am

Resumption after record date

Trading of the shares of the Company will resume on 22.11.2018 after record date.

Mon, 19th November 2018

6:21 am

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2018.

Thu, 15th November 2018

4:12 am

Rectifications in some financials in the audited accounts

The Company has further informed that they made some unintentional mistakes in their Dividend Disclosures (published on 29.10.18). Therefore, they provided some rectified figures which are as follows: NAV Per Share would be Tk. 28.51 instead of Tk. 29.81 as on June 30, 2018. Moreover, NAV per share would be Tk. 29.08 instead of Tk. 28.94 and EPS would be Tk. (0.93) instead of Tk. (1.07) due to prior year adjustment of Audited accounts for the year ended on June 30, 2017.

Thu, 15th November 2018

4:12 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. (0.33) for July-September, 2018 as against Tk. (0.31) for July-September, 2017; NOCFPS was Tk. 1.59 for July-September, 2018 as against Tk. 3.28 for July-September, 2017. NAV per share was Tk. 28.18 as on September 30, 2018 and Tk. 28.51 as on June 30, 2018.

Tue, 6th November 2018

6:01 am

Spot News

Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle from 07.11.2018 to 19.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2018.

Mon, 5th November 2018

3:51 am

Board Meeting schedule under LR 16(1)

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, 2018 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2018.

Mon, 29th October 2018

3:53 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (29.10.2018) following its corporate declaration.

Mon, 29th October 2018

3:53 am

Dividend Declaration

The Board of Directors has recommended No dividend for the year ended on June 30, 2018. Date of AGM: 19.12.2018, Time: 11:00 AM, Venue: Barisal Club, Barisal. Record Date: 20.11.2018. The Company has also reported EPS of Tk. (0.57), NAV per share of Tk. 29.81 and NOCFPS of Tk. 0.32 for the year ended on June 30, 2018 as against Tk. (1.07), Tk. 28.94 and Tk. (0.03) respectively for the same period of the previous year.

Thu, 18th October 2018

9:10 am

Board Meeting schedule under LR 19(1)

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, 2018 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.

Mon, 8th October 2018

4:02 am

Query Response

In response to a DSE query dated October 07, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

Mon, 30th April 2018

3:52 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. (0.27) for January-March 2018 as against Tk. (0.24) for January-March 2017; EPS was Tk. (1.02) for July 2017-March 2018 as against Tk. (0.91) for July 2016-March 2017. NOCFPS was Tk. 0.26 for July 2017-March 2018 as against Tk. (0.02) for July 2016-March 2017. NAV per share was Tk. 27.92 as on March 31, 2018 and Tk. 28.94 as on June 30, 2017.

Mon, 16th April 2018

4:26 am

Board Meeting schedule under LR 16(1)

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, 2018 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.

Tue, 13th February 2018

6:37 am

Q2 Financials (Repeat)

Repeat News (Q2 Un-audited): EPS was Tk. (0.43) for October-December, 2017 as against Tk. (0.22) for October-December, 2016; EPS was Tk. (0.74) for July-December, 2017 as against Tk. (0.67) for July-December, 2016. NOCFPS was Tk. 0.30 for July-December, 2017 as against Tk. (0.03) for July-December, 2016. NAV per share was Tk. 28.51 as on December 31, 2017 and Tk. 28.94 as on June 30, 2017.

Tue, 13th February 2018

6:01 am

Query Response (Repeat)

(Repeat News): In response to a DSE query dated February 11, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

Mon, 12th February 2018

3:49 am

Query Response

In response to a DSE query dated February 11, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

Mon, 29th January 2018

4:20 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. (0.43) for October-December, 2017 as against Tk. (0.22) for October-December, 2016; EPS was Tk. (0.74) for July-December, 2017 as against Tk. (0.67) for July-December, 2016. NOCFPS was Tk. 0.30 for July-December, 2017 as against Tk. (0.03) for July-December, 2016. NAV per share was Tk. 28.51 as on December 31, 2017 and Tk. 28.94 as on June 30, 2017.

Tue, 23rd January 2018

9:27 am

Emphasis of Matter

(Continuation news of SONARGAON): For the smooth operations of the company the management should make proper arrangement to pay the banks obligations and make the loan regular. iii) As disclosed in the note 27.00 to the financial statements regarding provision for income tax for the fair presentation of the financial statements, the management should assess the actual tax liability of the company immediately. (End)

Tue, 23rd January 2018

9:27 am

Emphasis of Matter

(Continuation news of SONARGAON): value of inventories, also make provision to observe counting of physical inventories by the auditor at the closing of the period. Steps also to be taken to assess the actual quantity of damaged stock to make sure whether the provision for loss is enough or not. ii) As disclosed in the note 10,11, and 14 to the financial statements regarding short and long term loans. Due to unavailability of bank statements the loan balances are subject to confirmation. (cont. 2)

Tue, 23rd January 2018

9:25 am

Emphasis of Matter

The auditor of the company has given the following 'Emphasis of Matter ' Paragraph in the audit report of the company prepared for the year ended on 30 June 2017. Emphasis of Matter: i) As disclosed in the note 5.00 to the financial statements regarding inventories, the management should present inventories in accordance with Bangladesh Accounting Standards (BAS-2): Inventories and make proper consideration including recording in register, bin card etc. and ascertain actual status and (cont. 1)

Sun, 21st January 2018

4:01 am

Board Meeting schedule under LR 16(1)

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 January 28, 2018 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.

Thu, 18th January 2018

5:27 am

Query Response

In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares and increase in trading volume.

Tue, 12th December 2017

7:28 am

Query Response

In response to a DSE query dated December 11, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

Mon, 11th December 2017

4:58 am

Query Response

In response to a CSE query dated December 10, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

Mon, 20th November 2017

6:11 am

Resumption after record date

Trading of the shares of the Company will resume on 21.11.2017 after record date.

Sun, 19th November 2017

7:49 am

Suspension for Record Date

Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2017.

Wed, 15th November 2017

3:54 am

Q1 Financials

(Q1 Un-audited): EPS was Tk. (0.31) for July-September, 2017 as against Tk. (0.45) for July-September, 2016; NOCFPS was Tk. 3.28 for July-September, 2017 as against Tk. (0.63) for July-September, 2016. NAV per share was Tk. 28.63 as on September 30, 2017 and Tk. 28.94 as on June 30, 2017.

Mon, 13th November 2017

4:22 am

Reschedule of Board Meeting under LR 16(1)

The Company has further informed that as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the meeting of the Board of Directors of the Company will now be held on November 14, 2017 at 3:30 PM instead of November 15, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.

Mon, 6th November 2017

6:40 am

Spot News

Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle from 07.11.2017 to 19.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2017.

Mon, 6th November 2017

4:13 am

Board Meeting schedule under LR 16(1)

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 15, 2017 at 03:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.

Sun, 29th October 2017

4:22 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (29.10.2017) following its corporate declaration.

Sun, 29th October 2017

4:22 am

Dividend Declaration

The Board of Directors has recommended No dividend for the year ended on June 30, 2017. Date of AGM: 27.12.2017, Time: 11:00 AM, Venue: Barisal Club, Barisal. Record Date: 20.11.2017. The Company has also reported EPS of Tk. (1.07), NAV per share of Tk. 28.94 and NOCFPS of Tk. (0.03) for the year ended on June 30, 2017 as against Tk. (0.38), Tk. 30.01 and Tk. (3.52) respectively for the same period of the previous year.

Tue, 17th October 2017

9:34 am

Board Meeting schedule under LR 19(1)

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, 2017 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.

Sun, 30th April 2017

5:28 am

Q3 Financials

(Q3 Un-audited): EPS was Tk. (0.24) for January-March, 2017 as against Tk. (0.26) for January-March, 2016; EPS was Tk. (0.91) for July, 2016-March, 2017 as against Tk. (0.32) for July, 2015-March, 2016. NOCFPS was Tk. (0.02) for July, 2016-March, 2017 as against Tk. (3.52) for July, 2015-March, 2016. NAV per share was Tk. 29.09 as of March 31, 2017 and Tk. 30.01 as of June 30, 2016.

Thu, 20th April 2017

4:14 am

Board Meeting schedule under LR 16(1)

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, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.

Mon, 30th January 2017

7:02 am

Q2 Financials

(Q2 Un-audited): EPS was Tk. (0.22) for October-December, 2016 as against Tk. 0.44 for October-December, 2015; EPS was Tk. (0.67) for July-December, 2016 as against Tk. 0.06 for July-December, 2015. NOCFPS was Tk. (0.03) for July-December, 2016 as against Tk. (3.45) for July-December, 2015. NAV per share was Tk. 29.34 as of December 31, 2016 and Tk. 30.01 as of June 30, 2016.

Thu, 19th January 2017

12:21 pm

Board Meeting

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 January 29, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.

Sun, 15th January 2017

11:54 am

Query Response (Repeat)

(Repeat) In response to a DSE query dated January 11, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

Thu, 5th January 2017

7:25 am

Query Response

In response to a CSE query dated January 04, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

Wed, 9th November 2016

12:00 pm

Q1

EPS was Tk. (0.45) for July-September, 2016 as against Tk. (0.52) for July-September, 2015; NOCFPS was Tk. (0.63) for July-September, 2016 as against Tk. (0.07) for July-September, 2015. NAV per share was Tk. 29.55 as of September 30, 2016 and Tk. 30.01 as of June 30, 2016.

Mon, 31st October 2016

10:53 am

Board Meeting

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 09, 2016 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2016.

Thu, 13th October 2016

11:06 am

Emphasis of Matter

The auditor of the company has given the following 'Emphasis of Matter' paragraph in the audit report of the company prepared for the year ended on 31 December 2015. Emphasis of Matter: 1. As disclosed in the note 5.00 to financial statements regarding inventories, the management should state the inventories according to Bangladesh Accounting Standard (BAS -2) Inventories and make proper consideration including recording in register, bin card etc and ascertain actual status and value of inventories, also make provision to observe counting of physical inventories by the auditor at the closing of the period. Steps also to be taken to assess the actual quantity of damaged stock to make sure whether the provision for loss is enough or not.

Sun, 21st August 2016

5:48 am

18 Months Financials

EPS for 6 months period was Tk. (0.43) for Jan-June, 2016 as against Tk. (1.13) for Jan-June, 2015; EPS for 18 months period was Tk. (1.52) for January, 2015- June, 2016 as against Tk. (3.30) for January, 2014- June, 2015. NOCFPS was Tk. (3.15) for January, 2015-June, 2016 as against Tk. 0.40 for January, 2014- June, 2015. NAV per share was Tk. 30.01 as of June 30, 2016 and Tk. 30.39 as of June 30, 2015.

Sun, 21st August 2016

5:45 am

Re-fixation of postponed AGM date

The Company has further informed that their 30th AGM will now be held on September 07, 2016 for the year ended on June 30, 2016. Time: 11:30 AM. Venue: South King Chinese Restaurant Auditorium (1st floor), Band Road, Barisal.

Sun, 14th August 2016

6:24 am

Board meeting for considering 18 months financial statements

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 August 18, 2016 at 3:30 PM to reschedule the earlier postponed 30th AGM for the year ended on June 30, 2016. The Board, among others, will review and approve the financial statements of the Company for the period from January 1, 2016 to June 30, 2016 and Combined financial statements of 18 months from January 1, 2015 to June 30, 2016.

Sun, 22nd May 2016

8:44 am

Resumption after Record date

Trading of the shares of the Company will resume on 24.05.2016 after record date.

Thu, 19th May 2016

11:31 am

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 22.05.2016.

Tue, 10th May 2016

4:25 am

Postponement of AGM, unchanged Record date.

The Company has further informed that pursuant to the Directive issued by the BSEC dated April 27, 2016 to follow July-June as income year, in compliance with the provision of the Finance Act, 2015, the company has postponed their AGM to be held on June 18, 2016. In compliance with the aforesaid Directive and for the first time adoption of the change in the financial year, AGM of the Company will consider 18 months accounts i.e. audited accounts from January 1, 2015 to June 30, 2016. Therefore the AGM will be held after closing the accounts on June 30, 2016 and Record date declared earlier i.e May 22, 2016, shall remain unchanged.

Sun, 8th May 2016

4:14 pm

Spot News for AGM

Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle from 09.05.2016 to 19.05.2016. Trading of the shares of the Company will remain suspended on record date i.e., 22.05.2016.

Mon, 2nd May 2016

4:42 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (02.05.2016) following its corporate declaration.

Mon, 2nd May 2016

4:40 am

Dividend Declaration

The Board of Directors has recommended no dividend for the year ended on December 31, 2015. Date of AGM: 18.06.2016, Time: 12:00 Noon, Venue: Barisal Club, Barisal. Record Date: 22.05.2016. The Company has also reported EPS of Tk. (1.09), NAV per share of Tk. 30.44 and NOCFPS of Tk. (2.67) for the year ended on December 31, 2015.

Wed, 27th April 2016

10:29 am

Board Meeting schedule under LR 19(1)

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 April 28, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.

Thu, 25th February 2016

10:19 am

Q3

EPS was Tk. (0.52) for July-September, 2015 as against Tk. (0.18) for July-September, 2014; EPS was Tk. (1.53) for January-September, 2015 as against Tk. (0.63) for January-September, 2014. NOCFPS was Tk. (0.07) for January-September, 2015 as against Tk. 1.07 for January-September, 2014. NAV per share was Tk. 29.35 as of September 30, 2015 and Tk. 31.53 as of December 31, 2014. Accumulated profit/(loss) of the Company was Tk. (56.23) million as on 30.09.2015.

Sun, 27th December 2015

11:15 am

Q3 Financials (Repeat)

EPS was Tk. (0.52) for July-September, 2015 as against Tk. (0.18) for July-September, 2014; EPS was Tk. (1.53) for January-September, 2015 as against Tk. (0.63) for January-September, 2014. NOCFPS was Tk. (0.07) for January-September, 2015 as against Tk. 1.07 for January-September, 2014. NAV per share was Tk. 29.35 as of September 30, 2015 and Tk. 31.53 as of December 31, 2014. Accumulated profit/(loss) of the Company was Tk. (56.23) million as on 30.09.2015.

Sun, 15th November 2015

10:32 am

Address Change of Registered Office

The Company has informed that the registered office of the Company has been shifted to Rupatoli, Barisal with effect from 8th November, 2015. The present office of Sonargaon Textile Limited at Khansons Centre, (8th & 9th Floor) 37, Kawran Bazar, Dhaka-1215 will continue to operate as the corporate office of the company for all correspondence purpose.

Wed, 28th October 2015

5:47 am

Q3 Financials

EPS was Tk. (0.52) for July-September, 2015 as against Tk. (0.18) for July-September, 2014; EPS was Tk. (1.53) for January-September, 2015 as against Tk. (0.63) for January-September, 2014. NOCFPS was Tk. (0.07) for January-September, 2015 as against Tk. 1.07 for January-September, 2014. NAV per share was Tk. 29.35 as of September 30, 2015 and Tk. 31.53 as of December 31, 2014. Accumulated profit/(loss) of the Company was Tk. (56.23) million as on 30.09.2015.

Tue, 15th September 2015

8:52 am

Query Response

In response to a DSE query dated September 14, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

Sun, 2nd August 2015

8:45 am

Q2 Financials

EPS for April-June, 2015 was Tk. (0.56) as against Tk. (0.26) for April-June, 2014, EPS for Jan-June, 2015 was Tk. (1.13) as against Tk. (0.48) for Jan-June, 2014. NOCFPS was Tk. 0.37 for Jan-June, 2015 as against Tk. 0.03 for Jan-Dec, 2014. NAV per share was Tk. 30.39 as of June 30, 2015 and Tk. 31.52 as of December 31, 2014. Accumulated profit/(loss) of the Company was Tk. (45.77) million as on 30.06.2015.

Sun, 24th May 2015

8:48 am

Resumption News after Record Date

Normal trading of the shares of the Company will resume on 25.05.2015 after record date.

Thu, 21st May 2015

7:19 am

Suspension News for Record Date

Trading of the shares of the Company will remain suspended on record date i.e., 24.05.2015.

Sun, 17th May 2015

10:27 am

Q1 Financials

(Q1 Un-audited): Net Profit/(loss) after tax from Jan15 to March15 was Tk. (15.21) million with EPS of Tk. (0.57) as against Tk. (5.96) million and Tk. (0.23) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (30.86) million as on 31.03.2015.

Sun, 10th May 2015

9:09 am

Spot News for AGM

Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 11.05.2015 to 21.05.2015. Trading of the shares of the Company will remain suspended on record date i.e., 24.05.2015.

Thu, 30th April 2015

5:14 am

Dividend

There will be no price limit on the trading of the shares of the Company today (30.04.2015) following its corporate declaration.

Thu, 30th April 2015

5:13 am

Dividend

The Board of Directors did not recommend any dividend for the year ended on December 31, 2014. Date of AGM: 13.06.2015, Time: 12:00 Noon, Venue: Barisal Club, Barisal. Record Date: 24.05.2015. The Company has also reported EPS of Tk. (2.17), NAV per share of Tk. 31.38 and NOCFPS of Tk. 0.033 for the year ended on December 31, 2014.

Sun, 19th April 2015

4:51 am

Board Meeting

As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on April 29, 2015 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.

Thu, 1st January 2015

9:41 am

Credit Rating

Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (surveillance) of the Company as CC with a Negative outlook based on audited financial statements up to December 31, 2013, bank liability position as on September 30, 2014 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

Sun, 7th December 2014

10:23 am

DSE query

In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

Sun, 7th December 2014

6:08 am

Q3

(Repeat): (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported net profit/(loss) after tax of Tk. (4.72) million with EPS of Tk. (0.18) as against Tk. (3.34) million and Tk. (0.13) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. (16.61) million with EPS of Tk. (0.63) for the period of nine months (Jan'14 to Sep'14) ended on 30.09.2014 as against Tk. (13.64) million and Tk. (0.52) respectively for the same period of the previous year.

Thu, 30th October 2014

6:33 am

Q3 Earnings

(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported net profit/(loss) after tax of Tk. (4.72) million with EPS of Tk. (0.18) as against Tk. (3.34) million and Tk. (0.13) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. (16.61) million with EPS of Tk. (0.63) for the period of nine months (Jan'14 to Sep'14) ended on 30.09.2014 as against Tk. (13.64) million and Tk. (0.52) respectively for the same period of the previous year.

Sun, 26th October 2014

11:01 am

office shifted

The Company has informed that the Registered Office of the Company has been shifted to its new location at Khansons Centre (9th & 10th Floors) 37, Kawranbazar Dhaka-1215.

Sun, 3rd August 2014

6:51 am

H/Y Earnings

(H/Y): As per un-audited half yearly accounts as on 30.06.2014 (Jan'14 to June'14), the Company has reported net profit/(loss) after tax of Tk. (12.78) million with EPS of Tk. (0.48) as against Tk. (10.30) million and Tk. (0.39) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. (6.82) million with EPS of Tk. (0.26) for the period of 3 months (Apr'14 to June'14) ended on 30.06.2014 as against Tk. (4.90) million and Tk. (0.19) respectively for the same period of the previous year.

Tue, 20th May 2014

10:40 am

Basis for Qualified Opinion

The auditor of the company has given the following Basis for Qualified Opinion in the audit report of the company for the year ended on 31 December 2013: "Basis for Qualified Opinion" We could not verify quantity, quality and existence of inventory balances of Tk. 831,567,976 as on 31 December 2013. However, we have relied up on the management's certification on quality, quantity existence and valuation of the inventories as on 31 December 2013.

Thu, 15th May 2014

11:33 am

will resume after record date

Normal trading of the shares of the Company will resume on 18.05.2014 after record date.

Thu, 15th May 2014

6:41 am

Q1 Earning

(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported net profit/(loss) after tax of Tk. (5.96) million with basic EPS of Tk. (0.23) as against Tk. (5.39) million and Tk. (0.20) (restated) respectively for the same period of the previous year.

Wed, 14th May 2014

7:21 am

trade suspended

Trading of the shares of the Company will remain suspended on record date i.e., 15.05.2014.

Tue, 29th April 2014

11:26 am

Spot Market and Block/Odd lot transactions

Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 30.04.2014 to 14.05.2014. Trading of the shares of the Company will remain suspended on record date i.e., 15.05.2014.

Tue, 29th April 2014

11:26 am

catagory changed

The Company will be placed in "Z" category from existing "B" category with effect from April 30, 2014 as per Dhaka Stock Exchange (Settlement of Transactions) Regulations, 2013; since the Company did not recommend any dividend for the year ended on December 31, 2013.

Tue, 29th April 2014

11:26 am

no price limit

There will be no price limit on the trading of the shares of the Company on 30.04.2014 following its corporate declaration.

Tue, 29th April 2014

11:26 am

no dividend

The Board of Directors did not recommend any dividend for the year ended on December 31, 2013. Date of AGM: 07.06.2014, Time: 12:00 Noon, Venue: Barisal Club, Barisal. Record Date: 15.05.2014. The Company has also reported EPS of Tk. (0.81), NAV per share of Tk. 33.69 and NOCFPS of Tk. (1.69) for the year ended on December 31, 2013 as against Tk. 0.28, Tk. 36.22 and Tk. (2.72) respectively for the year ended on December 31, 2012.

Sun, 20th April 2014

9:00 am

Board Meeting

As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on April 29, 2014 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2013.

Thu, 31st October 2013

10:57 am

Q3 Earnings

(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2013 (July'13 to Sep'13), the Company has reported net profit/(loss) after tax of Tk. (3.34) million with EPS of Tk. (0.13) as against Tk. 1.52 million and Tk. 0.06 (restated) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. (13.64) million with EPS of Tk. (0.52) for the period of nine months (Jan'13 to Sep'13) ended on 30.09.2013 as against Tk. 7.72 million and Tk. 0.29 (restated) respectively for the same period of the previous year.

Mon, 23rd September 2013

10:04 am

There is No Undisclosed Price Sensitive Information

In response to a CSE query dated September 22, 2013, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

Tue, 17th September 2013

9:53 am

No Undisclosed Price Sensitive Information

In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

Tue, 30th July 2013

7:13 am

Q2 Earnings

(H/Y): As per un-audited half yearly accounts as on 30.06.2013 (Jan'13 to June'13), the Company has reported net profit/(loss) after tax of Tk. (10.29) million with EPS of Tk. (0.39) as against Tk. 6.20 million and Tk. 0.23 (restated) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. (4.90) million with EPS of Tk. (0.19) for the period of 3 months (Apr'13 to June'13) ended on 30.06.2013 as against Tk. 1.84 million and Tk. 0.07 (restated) respectively for the same period of the previous year.

Mon, 15th July 2013

8:44 am

Credited Bonus Shares

The Company has informed that it has credited the bonus shares for the year ended on December 31, 2012 to the respective shareholders' BO Accounts.

Sun, 23rd June 2013

9:01 am

Category Change

The Company will be placed in "B" category from existing "A" category with effect from June 24, 2013 as the Company approved stock dividend @ 5% for the year ended on December 31, 2012.

Sun, 26th May 2013

6:30 am

Trade Resume after Record Date

Normal trading of the shares of the Company will resume on 27.05.2013 after record date.

Wed, 22nd May 2013

8:09 am

Trade Suspension on Record Date

Trading of the shares of the Company will remain suspended on record date i.e., 26.05.2013.

Sun, 19th May 2013

10:35 am

Spot Market Trading

Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 20.05.2013 to 22.05.2013. Trading of the shares of the Company will remain suspended on record date i.e., 26.05.2013.

Sun, 19th May 2013

3:37 am

Auditor's Opinion

(Emphasis of Matter): "Ahmed Zaker & Co.", Auditor of the company, has given the following emphasis of matter in the audit report for the period ended on 31 December 2012: "The company was compelled to cancel the purchase order equivalent to Tk. 26,443,738 worth of raw cotton from a supplier namely Olam International Ltd. due to sudden fall of cotton price globally. A litigation proceeding for settlement of the claim and counter claim before the Hon'ble Supreme Court was vacated awaiting court order due to amicable settlement made under an agreement dated 22.08.2012. An amount of Tk. 26,443,738 has been treated as provision for loss of raw material purchase in the financial statement of the company. (Note-25)."

Tue, 14th May 2013

4:13 am

Corporate Declaration

The Board of Directors has recommended stock dividend @ 5% for the year ended on December 31, 2012. Date of AGM: 22.06.2013, Time: 12:00 Noon, Venue: Barisal Club, Barisal. Record Date: 26.05.2013. The Company has also reported EPS of Tk. 0.28, NAV per share of Tk. 36.22 and NOCFPS of Tk. (2.72) for the year ended on December 31, 2012 as against Tk. 0.79, Tk. 46.00 and Tk. 1.94 respectively for the year ended on December 31, 2011.

Tue, 14th May 2013

4:05 am

Q1 Earnings

As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2013 (Jan'13 to March'13), the Company has reported net profit/(loss) after tax of Tk. (5.39) million with basic EPS of Tk. (0.21) as against Tk. 4.36 million and Tk. 0.17 (restated) respectively for the same period of the previous year. However, considering proposed bonus share @ 5% for the year 2012, restated basic EPS will be Tk. (0.20) as on 31.03.2013 and Tk. 0.16 as on 31.03.2012.

Sun, 12th May 2013

11:05 am

Board Meeting

As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on May 13, 2013 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2012.

Mon, 5th November 2012

12:26 pm

director sell completed

Mr. A.K.M Azizur Rahman, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 2,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

Tue, 23rd October 2012

5:07 am

Q3 Earnings 2012

As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2012 (July'12 to Sep'12), the Company has reported net profit after tax of Tk. 1.52 million with EPS of Tk. 0.06 as against Tk. 5.39 million and Tk. 0.21 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 7.72 million with EPS of Tk. 0.31 for the period of nine months (Jan'12 to Sep'12) ended on 30.09.2012 as against Tk. 15.49 million and Tk. 0.61 (restated) respectively for the same period of the previous year.

Wed, 10th October 2012

7:35 am

director sell announcement

Mr. A.K.M Azizur Rahman, one of the Sponsors/Directors of the Company, has expressed his intention to sell 2,00,000 shares out of his total holding of 51,53,192 shares of the Company at prevailing market price through Stock Exchange within October 31, 2012.

Wed, 3rd October 2012

9:57 am

Director sell completed

Ms. Rosy Rahman, one of the Sponsors/Directors of the Company, has further reported that she has completed her sale of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

Wed, 3rd October 2012

9:45 am

sponsor sell announcement

Ms. Rosy Rahman, one of the Sponsors/Directors of the Company, has expressed her intention to sell 80,000 shares out of her total holding of 32,06,160 shares of the Company at prevailing market price through Stock Exchange within October 31, 2012.

Tue, 25th September 2012

9:39 am

director sell announcement

Ms. Rosy Rahman, one of the Sponsors/Directors of the Company, has expressed her intention to sell 1,00,000 shares out of her total holding of 33,06,160 shares of the Company at prevailing market price through Stock Exchange within October 31, 2012.

Thu, 20th September 2012

6:42 am

trading will resume after record date

Normal trading of the shares of the Company will resume on 23.09.2012 after record date for EGM.

Wed, 19th September 2012

7:00 am

trading will remain suspended on record date

Trading of the shares of the Company will remain suspended on record date i.e., 20.09.2012 for EGM.

Sun, 16th September 2012

8:38 am

will be traded at spot market

Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 17.09.2012 to 19.09.2012. Trading of the shares of the Company will remain suspended on record date i.e., 20.09.2012 for EGM.

Sun, 22nd July 2012

12:00 pm

- The Company has informed...

The Company has informed that it has credited the Bonus shares for the year 2011 to the respective shareholders' BO Accounts on July 22, 2012.

Mon, 21st May 2012

12:00 pm

- Normal trading...

Normal trading of the shares of the Company will resume on 22.05.2012 after record date.

Tue, 15th May 2012

5:40 pm

- Trading of the shares....

Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 16.05.2012 to 20.05.2012. Trading of the shares of the Company will remain suspended on record date i.e., 21.05.2012.

Thu, 10th May 2012

1:01 pm

- Referring to their letter dated...

Referring to their letter dated May 07, 2012 (new disseminated by DSE on May 08, 2012), the Company has informed that due to wrong/error in calculation, the NAV per share of the Company had been reported as Tk. 41.92 instead of Tk. 46.00 and NOCFPS had been reported as Tk. 12.86 instead of Tk. 1.94 for the year ended on December 31, 2011. The Company has regretted for the mistake. Other information of the AGM as announced earlier.

Wed, 2nd May 2012

12:25 pm

- The Company has further informed...

The Company has further informed that due to unavoidable circumstances, the meeting of Board of Directors of the Company scheduled to be held on May 06, 2012 will now be held on May 07, 2012 at 3:30 p.m. to consider, among others, audited financial statements of the Company for the year ended on December 31, 2011.

Mon, 31st October 2011

6:40 am

- As per un-audited...

(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2011 (July'11 to Sep'11), the Company has reported net profit after tax of Tk. 5.39 million with EPS of Tk. 2.35 as against Tk. 4.59 million and Tk. 3.83 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 15.49 million with EPS of Tk. 6.76 for the period of nine months (Jan'11 to Sep'11) ended on 30.09.11 as against Tk. 14.37 million and Tk. 11.97 (restated) respectively for the same period of the previous year

Mon, 25th July 2011

9:25 am

- (H/Y): As per un-audited...

(H/Y): As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the company has reported net profit after tax of Tk. 10.10 million with EPS of Tk. 4.41 as against Tk. 9.78 million and Tk. 8.14 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 5.51 million with EPS of Tk. 2.41 for the period of 3 months (Apr' 11 to June' 11) ended on 30.06.11 as against Tk. 5.19 million and Tk. 4.32 (restated) respectively for the same period of the previous year.

Wed, 20th July 2011

9:21 am

- In response to a DSE query...

In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike