Dhaka, Bangladesh (BBN): The Board of Directors of Golden Harvest Agro Industries Ltd has recommended 20 per cent stock dividend for the year ended on June 30, 2012, according to an office disclosure.
Share trading of the newly listed Golden Harvest Agro Industries is going to start today (Monday) on the bourses—Dhaka Stock Exchange and Chittagong Stock Exchange.
The AGM will be held on March 28, 2013 at 10am at Factory of the Company, Bokran, Monipur, Bobanipur, Gazipur Sadar, Gazipur. Record date: 14.03.2013.
The Company has also reported net profit after tax of BDT 78.33 million, EPS of BDT 2.24, NAV per share of BDT 27.77 and NOCFPS of BDT 2.30 for the year ended on June 30, 2012.
The Company has reported that its consolidated profit after tax excluding non-controlling interest is BDT 81.33 million and consolidated basic EPS is BDT 2.32 for the 6 (six) months ended on 31 December 2012 (July 2012-December 2012) as against consolidated profit after tax excluding non-controlling interest of BDT 44.20 million and consolidated basic EPS of BDT 1.26 for the same period of the previous year.
It is to be noted that basic EPS has been calculated based on weighted average Pre-IPO paid-up number of shares i.e. 35,000,000 shares of the Company for both 2012 & 2011.
However considering proposed bonus share @ 20% for the year ended 30 June 2012, restated basic EPS is Tk. 1.69 as on 31.12.2012 (July 2012-December 2012) and Tk. 0.92 as on 31.12.2011 (July 2011-December 2011). However, considering Post-IPO 65,000,000 number of shares the Company’s consolidated EPS for the 6 (six) months ended on 31 December 2012 would be Tk. 1.25. Again, considering Post-IPO 78,000,000 number of shares (Including proposed bonus share @ 20% for the year ended 30 June 2012) the Company’s consolidated EPS for the 6 (six) months ended on 31 December 2012 would be Tk. 1.04.
Whereas for the period of 3 months (Oct’ 12 to Dec’ 12) ended on 31 December 2012 consolidated profit after tax excluding non-controlling interest was Tk. 44.52 million and consolidated basic EPS of Tk. 1.27 as against consolidated profit after tax excluding non-controlling interest of Tk. 25.30 million and consolidated basic EPS of Tk. 0.72 for the same period of the previous year.
It is to be noted that basic EPS has been calculated based on weighted average Pre-IPO paid-up number of shares i.e. 35,000,000 shares of the Company for both 2012 & 2011. However considering proposed bonus share @ 20% for the year ended 30 June 2012, restated basic EPS is Tk. 0.93 as on 31.12.2012 (Oct 2012-December 2012) and Tk. 0.53 as on 31.12.2011 (Oct 2011- December 2011).
However, considering Post-IPO 65,000,000 number of shares, Company’s consolidated basic EPS would be Tk. 0.68 for 3 (three) months ended on 31 December 2012 (July 2012 to December 2012) and consolidated NAV would be Tk. 27.52 as on 31 December 2012. Again, considering Post-IPO 78,000,000 number of shares (Including proposed bonus share @ 20% for the year ended 30 June 2012), Company’s consolidated basic EPS would be Tk. 0.57 for 3 (three) months ended on 31 December 2012 (July 2012 to December 2012) and consolidated NAV would be Tk. 22.93 as on 31 December 2012.
BBN/BB/AD/04Mar-13-10.30am (BST).
