Stocks
Shyampur Sugar Mills suffers loses Tk 26.52cr again in FY2021-22
Shyampur Sugar Mills Limited, already knee-deep in losses for around 20 years, has again suffered losses in the FY2021-22 and in the Q1 of the current 2022-23 fiscal.
In FY22, the company’s loss amounted to Tk26 crore, which was Tk62.56 crore in FY21.
In the first quarter of FY23, its loss per share stood at Tk19.30, which was Tk21.62 in the same period of FY22.
Owing to losses, the firm failed to announce any dividends for its shareholders.
The government has terminated the firm’s operations indefinitely because of its recurring losses, high production costs, and net capital deficiency for operations.
According to its FY22 financial statements, the company’s turnover reduced significantly to Tk66 lakh, from Tk15.35 crore in FY21.
Shyampur Sugar Mills was listed on the bourses in 1996.
As on 30 September 2022, the government holds 51pc, institutional investors 1.34pc, and general shareholders hold 47.66pc shares in the company.
Its last trading price of each share was Tk98.20 on the previous day, Monday, 24 October at the Dhaka Stock Exchange.
One of the listed companies, Agrani Insurance Company Ltd discloses its financial reports for the first quarter, (January – March 24).
The company’s Consolidated earnings per share (EPS) was Tk 0.50 paisa in Q1 of the current financial year (January – March 24). Consolidated EPS was Tk 0.48 paisa during the same period last year. As of March 31, 2024, at the end of the first quarter of the fiscal year, the company’s Consolidated net asset value (NAV) per share stood at Tk 20.36.
One of the Listed companies, Dhaka Insurance Limited has recommended 17% Cash Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 2.84 for the year ended December 31, 2023. NAV per share (with revaluation) of Tk. 34.59, NAV per share (without revaluation) of Tk. 23.95.
The Annual General Meeting (AGM) of the company will be held on July 8, through the digital platform. The record date for this has been fixed at June 3.
Dhaka Stock Exchange DSE, Bourse on the second working day of the week, 6th May, ended with a hike in Indices and Turnover from the previous working session. This information is known from DSE sources.
1 thousand 95 crore 64 lakh taka shares were traded on this day. 277 crore 88 lakh more tradings were done in DSE today compared to the previous workday, 5th May , Shares worth Tk 817 crores 76 lakh shares were traded last time, Sunday.
The benchmark DSEX added 34.95 points or 5,727 The Shariah-based index DSES gained 10.51 points or 1,261, and the blue-chip index DS30 increased by 13.35 points or 2,046.
Of the issues traded, 252 advanced, 86 declined and 58 remained unchanged.
Esquare Knit Composite PLC Limited ranked top gainer on DSE, the share price increased by Tk 2.20 paisa or 10.00 percent. On this day, the share was last traded at Tk 24.20 paisa.
Shyamour Sugar Mills Limited ranked top loser on the DSE, the share price dropped by Tk 5.30 paisa or 2.99 percent. On this day, the share was last traded at Tk 171.80 paisa.
DSE topped on trade is Orion Infusion Limited 45 crore 37 lakh takas of company shares have been traded.
A total of 48 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 12 crore 95 lakh 90 thousand 855 shares of the companies were traded. The financial value of which is 137 crore 67 lakh taka
You must be logged in to post a comment Login