Price Sensitive Information

 
Annual Reports-11
Annual Report 2019-2020
Annual Report 2018-2019
Annual Report 2017-2018
Annual Report 2016-2017
Annual Report 2015-2016
Annual Report 2014-2015
Annual Report 2013-2014
Annual Report 2012-2013
Annual Report 2011-2012
Annual Report 2010-2011
Annual Report 2009-2010
 
 
Quarterly Financial Reports (Unaudited)
1st Quarter (Jul20 to Sep20)
3rd Quarter (Jan20 to March20)
2nd Quarter (Oct19 to Dec19)
1st Quarter (July19 to Sep19)
3rd Quarter (Jan19 to March19)
2nd Quarter (Oct, 2018 to Dec, 2018)
1st Quarter (July18 to Sep18)
3rd Quarter (Jan18 to March18)
2nd Quarter (Oct17 to Dec17)
1st Quarter (July17 to Sep17)
3rd Quarter (Jan17 to March17)
2nd Quarter (Oct.16 to Dec 16)
1st Quarter (July.16 to Sep 16)
 
 

Information
Post Date: 2020-11-15

EPS was Tk. (6.24) for July-September 2020 as against Tk. 7.16 for July-September 2019. NOCFPS was Tk. 2.01 for July-September 2020 as against Tk. (1.89) for July-September 2019. NAV per share was Tk. 75.43 as on September 30, 2020 and Tk. 82.39 as on June 30, 2020.The Company also informed that negative scenario is resulted due to cost of raw jute has come extremely high where demand of yarn/twin in the world market has gone low after COVID-19 period. So that net profit logically has come down comparatively with previous period.

Information
Post Date: 2020-10-29

The Board of Directors has recommended 5% cash dividend for general shareholders only for the year ended on June 30, 2020. Date of AGM: 27.12.2020, Time: 10:00 AM, Venue: Digital Platform. Record Date: 26.11.2020. The Company has also reported EPS of Tk. 11.33, NAV per share of Tk. 81.66 and NOCFPS of Tk. 8.97 for the year ended on June 30, 2020 as against Tk. 23.29, Tk. 80.33 and Tk. (22.66) respectively for the same period of the previous year. The Company has also informed that EPS of this year negative scenario is resulted as COVID 19 has devastating impact on the export of the Company. NOCFPS increase current year due to payment slower than other time and production had been closed for pandemic in COVID 19 period.

Information
Post Date: 2020-06-18

EPS was Tk. 1.27 for January-March 2020 as against Tk. 7.03 for January-March 2019; EPS was Tk. 11.45 for July 2019-March 2020 as against Tk. 18.12 for July 2018-March 2019. NOCFPS was Tk. (5.70) for July 2019-March 2020 as against Tk. (7.29) for July 2018-March 2019. NAV per share was Tk. 91.79 as on March 31, 2020 and Tk. 80.33 as on June 30, 2019. The Company has noted that i) EPS has been decreased due to factory was closed from February 22, 200 to March 03, 2020 due to freezing of all bank accounts of the Company under unavoidable circumstances and again from March 23, 2020 to endure lockdowns to tackle the Covid 19 pandemic. ii) NAV increased due to decreasing the accumulated loss of the previous period.

Information
Post Date: 2020-02-26

Refer to their earlier news disseminated by DSE on 23.02.2020 regarding "Bangladesh Bank has directed to freeze all Bank accounts of the Company" the Company has further informed that they have placed a Writ Petition file to the Honorable High Court Division on February 24, 2020 to stay the order of freezing all bank accounts and the High Court was supposed to ready for hearing on February 25, 2020. But the Court, further asking to submit some additional papers/documents and accordingly they have submitted the same. They are expecting that the Writ Petition may be heard on March 01, 2020. In consideration of the above, the Board of Directors further decided to extend the shutdown of the mill up to March 01, 2020 as they are not in a position to pay wages, party payments as their all bank accounts were frozen.

Information
Post Date: 2020-02-23

The Company has informed that as per Order of the Honorable High Court dated January 22, 2020, on "Financial Institution Matter No. 1 of 2019", the Governor of Bangladesh Bank has directed to freeze all of Bank accounts of the Company maintained with different banks and accordingly all the bank accounts of the Company has been frozen. As a result, the Company couldn't realize any export proceeds from their exports. As such, the Company could not procure raw jute and not to make any party payment to spare parts supplier even the Company couldn’t disburse any cash dividend to their respected shareholders though they are maintaining adequate fund. Therefore, the Company has decided to shut down the mill with effect from February 22 to 25, 2020

Information
Post Date: 2020-01-30

(Q2 Un-audited): EPS was Tk. 2.94 for October-December 2019 as against Tk. 9.06 for October-December 2018; EPS was Tk. 10.10 for July-December 2019 as against Tk. 11.09 for July-December 2018. NOCFPS was Tk. (12.13) for July-December 2019 as against Tk. (46.36) for July-December 2018. NAV per share was Tk. 100.43 as on December 31, 2019 and Tk. 80.33 as on June 30, 2019. EPS was decreased due to cost price of raw jute is higher the normal season, on the other hand export value of yarn is stable.

Information
Post Date: 2019-12-19

The Company will be placed in 'A' category from existing 'Z' category with effect from December 26, 2019 as the Company has reported disbursement of 100% cash dividend for the year ended on June 30, 2019.

Information
Post Date: 2019-10-30

(Q1 Un-audited): EPS was Tk. 7.16 for July-September 2019 as against Tk. 2.03 for July-September 2018. NOCFPS was Tk. (1.89) for July-September 2019 as against Tk. (45.64) for July-September 2018. NAV per share was Tk. 87.49 as on September 30, 2019 and Tk. 80.33 as on June 30, 2019. EPS and NOCFPS is increased due to procuring raw jute in the regular season when the price is lower than other time. In the other hand, export value of yarn was higher than previous year as demand of jute yarn in increasing in the world market. NAV per share is increased this period and it decreased the accumulated loss from previous period.

Information
Post Date: 2019-10-16

The Board of Directors has recommended 100% cash dividend for the year ended on June 30, 2019. Date of AGM: 08.12.2019, Time: 9:30 AM, Venue: RAOWA Convention Hall-3 (Eagle), VIP Road, Mohakhali, Dhaka-1206. Record Date: 05.11.2019. The Company has also reported EPS of Tk. 23.29, NAV per share of Tk. 80.33 and NOCFPS of Tk. (22.66) for the year ended on June 30, 2019 as against Tk. (17.15), (restated), Tk. 57.04 and Tk. (28.92) respectively for the same period of the previous year. The Company has also informed that EPS of this year increase positive scenario is resulted procured raw jute in the regular season when the price was lower than other time. On the other hand, sales price of yarn was higher than previous year as demand of jute yarn is increasing in the whole world. NAV increase current year due to profit increased this year and it decreased the accumulated loss from previous year. NOCFPS increase current year due to procured raw jute in time that is crop's purchased season when the price was lower than previous period. They also inform that in the last year NOCFPS was wrongly showed Tk. (34.70) which would be actually Tk. (28.92)..

Information
Post Date: 2019-04-17

(Q2 Un-audited): (Q3 Un-audited): EPS was Tk. 7.03 for January-March 2019 as against Tk. (3.93) for January-March 2018; EPS was Tk. 18.12 for July 2018-March 2019 as against Tk. (10.38) for July 2017-March 2018. NOCFPS was Tk. (7.29) for July 2018-March 2019 as against Tk. (61.39) for July 2017-March 2018. NAV per share was Tk. 75.16 as on March 31, 2019 and Tk. 57.04 as on June 30, 2018. The Company has noted that i) Both EPS & NOCFPS has increased as the Company procured raw jute in the regular season when the price was lower than other time. ii) NAV increased as profit has increased this period and it decreased the accumulated loss of previous period. (End).

Information
Post Date: 2019-01-17

(Q2 Un-audited): EPS was Tk. 9.06 for October-December 2018 as against Tk. (3.08) for October-December 2017; EPS was Tk. 11.09 for July-December 2018 as against Tk. (6.45) for July-December 2017. NOCFPS was Tk. (46.36) for July-December 2018 as against Tk. (57.09) for July-December 2017. NAV per share was Tk. 68.13 as on December 31, 2018 and Tk. 57.04 as on June 30, 2018.

Information
Post Date: 2018-10-28

(Q1 Un-audited): EPS was Tk. 2.03 for July-September, 2018 as against Tk. (3.37) for July-September, 2017. NOCFPS was Tk. (45.64) for July-September, 2018 as against Tk. (49.31) for July-September, 2017. NAV per share was Tk. 59.07 as on September 30, 2018 and Tk. 57.04 as on June 30, 2018.

Information
Post Date: 2018-09-24

The Company will be placed in 'Z' category from existing 'A' category with effect from September 25, 2018 as the Company has recommended No dividend for the year ended on June 30, 2018.

Information
Post Date: 2018-09-24

DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Northern Jute Manufacturing Company Limited with effect from September 25, 2018 as per BSEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.

Information
Post Date: 2018-09-24

The Board of Directors has recommended no dividend for the year ended on June 30, 2018. Date of AGM: 04.11.2018, Time: 9:30 AM, Venue: RAOWA Convention Hall-3 (Eagle), VIP Road, Mohakhali, Dhaka-1206. Record Date: 14.10.2018. The Company has also reported EPS of Tk. (17.15), NAV per share of Tk. 57.04 and NOCFPS of Tk. (34.70) for the year ended on June 30, 2018 as against Tk. 4.27 (restated), Tk. 91.03 and Tk. (58.09) respectively for the same period of the previous year.

Information
Post Date: 2018-04-17

(Q3 Un-audited): EPS was Tk. (3.93) for January-March, 2018 as against Tk. 3.97 for January-March, 2017; EPS was Tk. (10.38) for July 2017-March 2018 as against Tk. 0.44 for July 2016-March 2017. NOCFPS was Tk. (61.39) for July 2017-March 2018 as against Tk. (29.31) for July, 2016-March, 2017. NAV per share was Tk. 63.81 as on March 31, 2018 and Tk. 75.86 as on June 30, 2017.

Information
Post Date: 2018-02-28

Referring to their earlier news disseminated by DSE on 28.12.2017 regarding intention of voluntary resignation of IDB from the Board of the Company, The Company has further informed that the Board of Directors has accepted the voluntary resignation of Islamic Development Bank (IDB) from the Board of Directors of the Company. Henceforth, IDB is no more the Director in the Board of the company rather they will be considered as a General shareholder of the Company.

Information
Post Date: 2018-01-30

(Q2 Un-audited): EPS was Tk. (3.08) for October-December, 2017 as against Tk. (0.98) for October-December, 2016; EPS was Tk. (6.45) for July-December, 2017 as against Tk. (3.53) for July-December, 2016. NOCFPS was Tk. (57.09) for July-December, 2017 as against Tk. (65.04) for July-December, 2016. NAV per share was Tk. 67.74 as on December 31, 2017 and Tk. 75.85 as on June 30, 2017

Information
Post Date: 2017-12-28

The Company has informed that the Islamic Development Bank which is holding 30% shares of Northern Jute Manufacturing Company Limited, is willing to resign voluntarily from the Board of Directors of Northern Jute Manufacturing Company Limited. The Company has further informed that the currently the joint shareholding proportion of the Sponsors and Directors of the Company is 44.06% which includes 30% shares of Islamic Development Bank. If Islamic Development Bank resigns from the Board, the joint shareholding position of the Sponsors and Directors of the Company will only be 14.06%. This will be a noncompliance of the BSEC Directive No. SEC/CMRRCD/2009-193/119/Admin Dated November 22, 2011 regarding holding of minimum 30% shares by the Sponsors and Directors of any listed Company. The Board of Directors of the Company will take decision in the next Board of Directors meeting which will be held in the middle of next month.

Information
Post Date: 2017-11-13

(Q1 Un-audited): EPS was Tk. (4.04) for July-September, 2017 as against Tk. (3.02) for July-September, 2016. NOCFPS was Tk. (49.31) for July-September, 2017 as against Tk. (54.67) for July-September, 2016. NAV per share was Tk. 86.99 as of September 30, 2017 and Tk. 91.03 as of June 30, 2017.

Information
Post Date: 2017-09-11

The Board of Directors has recommended 20% cash and 20% stock dividend for the year ended on June 30, 2017. Date of AGM: 22.10.2017, Time: 9:00 AM, Venue: RAOWA Convention Hall-3 (Eagle), VIP Road, Mohakhali, Dhaka-1206. Record Date: 28.09.2017. The Company has also reported EPS of Tk. 5.13, NAV per share of Tk. 91.03 and NOCFPS of Tk. (58.09) for the year ended on June 30, 2017 as against Tk. 0.72, Tk. 85.94 and Tk. 4.86 respectively for the same period of the previous year.

Information
Post Date: 2017-04-26

(Q2 Un-audited): Q3 Un-audited): EPS was Tk. 4.76 for January-March, 2017 as against Tk. (0.34) for January-March, 2016; EPS was Tk. 0.53 for July, 2016-March, 2017 as against Tk. 0.25 for July, 2015-March, 2016. NOCFPS was Tk. (35.18) for July, 2016-March, 2017 as against Tk. (5.14) for July, 2015-March, 2016. NAV per share was Tk. 85.97 as of March 31, 2017 and Tk. 85.94 as of June 30, 2016.

Information
Post Date: 2017-01-24

(Q2 Un-audited): EPS was Tk. (1.18) for October-December, 2016 as against Tk. (0.38) for October-December, 2015; EPS was Tk. (4.23) for July-December, 2016 as against Tk. 0.65 for July-December, 2015. NOCFPS was Tk. (78.05) for July-December, 2016 as against Tk. (13.56) for July-December, 2015. NAV per share was Tk. 81.20 as of December 31, 2016 and Tk. 85.94 as of June 30, 2016.

Information
Post Date: 2017-01-18

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 23, 2017 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, 2016.

Information
Post Date: 2016-11-15

(Q1 Un-audited): EPS was Tk. (3.06) for July-September, 2016 as against Tk. 1.03 for July-September, 2015; NOCFPS was Tk. (59.98) for July-September, 2016 as against Tk. 4.21 for July-September, 2015. NAV per share was Tk. 82.88 as of September 30, 2016 and Tk. 85.94 as of June 30, 2016.


Information
Post Date: 2016-11-09

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, 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.


Information
Post Date: 2016-10-30

The Board of Directors has recommended 5% cash dividend for the year ended on June 30, 2016. Date of AGM: 18.12.2016, Time: 9:00 AM, Venue: RAOWA Convention Hall-3 (Eagle), VIP Road, Mohakhali, Dhaka-1206. Record Date: 16.11.2016. The Company has also reported EPS of Tk. 0.72, NAV per share of Tk. 85.94 and NOCFPS of Tk. 4.86 for the year ended on June 30, 2016 as against Tk. 3.08, Tk. 87.22 and Tk. (11.62) respectively for the same period of the previous year.


Information
Post Date: 2016-10-19

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, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.


Information
Post Date: 2016-04-27

(Q3 Un-audited): EPS was Tk. (0.34) for January-March, 2016 as against Tk. 0.83 for January-March, 2015; EPS was Tk. 0.25 for July, 2015-March, 2016 as against Tk. 1.31 for July, 2014-March, 2015. NOCFPS was Tk. (5.14) for July, 2015-March, 2016 as against Tk. (26.77) for July, 2014-March, 2015. NAV per share was Tk. 85.47 as of March 31, 2016 and Tk. 87.22 as of June 30, 2015.


Information
Post Date: 2016-04-21

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 26, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.


Information
Post Date: 2016-01-26

(Q2 Un-audited): EPS was Tk. (0.38) for October-December, 2015 as against Tk. 0.22 for October-December, 2014; EPS was Tk. 0.65 for July-December, 2015 as against Tk. 0.48 for July-December, 2014. NOCFPS was Tk. (13.56) for July-December, 2015 as against Tk. (17.18) for July-December, 2014. NAV per share was Tk. 85.87 as of December 31, 2015 and Tk. 87.22 as of June 30, 2015.


Information
Post Date: 2016-01-20

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 25, 2016 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, 2015.


Information
Post Date: 2015-11-11

(Q1 Un-audited): EPS for July-September, 2015 was Tk. 1.03 as against Tk. 0.25 for July-September, 2014; NOCFPS was Tk. 4.21 for July-September, 2015 as against Tk. (7.47) for July-September, 2014. NAV per share was Tk. 88.25 as of September 30, 2015 and Tk. 87.22 as of June 30, 2015.


Information
Post Date: 2015-11-08

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 10, 2015 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2015.


Information
Post Date: 2015-10-26

The Board of Directors has recommended 20% cash dividend for the year ended on June 30, 2015. Date of AGM: 05.12.2015, Time: 11:30 AM, Venue: Factory Premises of the Company at BSCIC Industrial Estate, Kushtia (subject to approval of BSEC). Record Date: 15.11.2015. The Company has also reported EPS of Tk. 3.08, NAV per share of Tk. 87.22 and NOCFPS of Tk. (11.62) for the year ended on June 30, 2015 as against Tk. 1.61 (restated), Tk. 73.90 and Tk. (0.14) respectively for the year ended on June 30, 2014.


Information
Post Date: 2015-10-18

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, 2015 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2015.


Information:
Post Date: 2015-09-22

The Company has informed that the Board of Directors has decided to purchase machineries for increasing the production capacity to 30 metric tons per day to meet the demand for jute yarn/twine in the international market. The approximate cost to complete the modernization scheme will be Tk. 10.00 Crore and the modernization work is expected to be completed by March, 2016.


Information
Post Date: 2015-08-12

In response to a DSE query dated August 10, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.


Information
Post Date: 2015-04-27

(Q3- Unaudited): Net Profit after tax from Jan15 to March15 was Tk. 1.49 million with EPS of Tk. 0.83 as against Tk. 3.73 million and Tk. 2.09 respectively for the same period of the previous year. Whereas Net Profit/(Loss) after tax from July14 to March15 was Tk. 2.34 million with EPS of Tk. 1.31 as against Tk. (14.12) million and Tk. (7.91) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (83.15) million as on 31.03.2015.


Information
Post Date: 2015-01-27

(H/Y Un-audited): Net Profit/(loss) after tax from July14 to Dec14 was Tk. 0.85 million with EPS of Tk. 0.48 as against Tk. (19.99) million and Tk. (11.20) respectively for the same period of the previous year. Whereas net profit /(loss) after tax from Oct14 to Dec14 was Tk. 0.40 million with EPS of Tk. 0.22 as against Tk. (15.66) million and Tk. (8.77) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (84.91) million as on 31.12.2014.


Information
Post Date: 2015-01-14

BSEC INFORMATION: Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate into unusual price increase in shares of Northern Jute Manufacturing Company Limited in the stock exchange.


Information
Post Date: 2015-01-01

The Company will be placed in A category from existing Z category with effect from January 05, 2015 as the Company has reported disbursement of 5% cash dividend and 5% stock dividend for the year ended on June 30, 2014.


Information
Post Date: 2014-11-30

The Company has informed that the Board of Directors of the Company has elected Mr. Uzzal Kumar Nandi as the Chairman of the Company.


Information
Post Date: 2014-11-16

(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported net profit/(loss) after tax of Tk. 0.45 million with basic EPS of Tk. 0.27 as against Tk. (4.35) million and Tk. (2.56) respectively for the same period of the previous year. However, considering proposed bonus share @ 5% for the year 2014, restated basic EPS will be Tk. 0.25 as on 30.09.2014 and Tk. (2.44) as on 30.09.2013. Accumulated profit/(loss) of the Company was Tk. (83.87) million as on 30.09.2014.


Information
Post Date: 2014-11-11

Malek Siddiqui Wali, the auditor of the company has given the following 'Emphasis of Matter' paragraph in the audited financial statements prepared for the year ended on 30 June 2014. Emphasis of Matter: Without qualifying our opinion, we draw attention to Note No. 20 (Revenue) to the financial statements. Company resumed export jute/twine from November 2013. In order to meet the immediate cash requires to pay-off the loan liability, the company had to generate immediate cash by selling the product locally amounting BDT. 72,600,216.00 out of which BDT. 50,020,166 was received through banking channel and rest was received cash. However, company preserve money receipt for cash sales.


Information
Post Date: 2014-10-29

The Board of Directors has recommended 5% cash dividend and 5% Stock Dividend for the year ended on June 30, 2014. Date of AGM: 14.12.2014, Time: 12:30 PM, Venue: Factory Premises of the Company at BSCIC Industrial Estate, Kumargara, Jagati, Kushtia. Record Date: 19.11.2014. The Company has also reported EPS of Tk. 1.69, NAV per share of Tk. 77.60 and NOCFPS of Tk. (0.14) for the year ended on June 30, 2014 as against Tk. (9.98), Tk. (18.22) and Tk. (22.81) respectively for the year ended on June 30, 2013.


Information
Post Date: 2015-10-29

There will be no price limit on the trading of the shares of the Company today (29.10.2014) following its corporate declaration.


Information
Post Date: 2014-10-26

As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on October 28, 2014 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014.


Information
Post Date: 2014-07-24

The Company has informed that the Board of Directors of the Company has approved revaluation of Factory land at BSCIC Industrial Estate, Kumargara, Kushtia amounting Tk. 20,30,53,500.00 only as of 30th June 2014 revalued by AHMED & AKHTAR, Chartered Accountants. Book value of the Project Land as on 30.06.2014 was Tk. 4,28,76,240.00 only.


Information
Post Date: 2014-05-04

(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported net profit/(loss) after tax of Tk. 3.73 million with EPS of Tk. 2.19 as against Tk. (3.98) million and Tk. (2.34) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. (14.12) million with EPS of Tk. (8.31) for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. (12.25) million and Tk. (7.21) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (120.91) million as on 31.03.2014 resulting total shareholders' equity stands at Tk. (45.14) million.


Information
Post Date: 2014-04-01

DSE INFORMATION: The management of DSE has formed an enquiry team to investigate the unusual price movement of shares of Northern Jute Manufacturing Co. Ltd. during the period from March 23, 2014 to March 31, 2014.


Information
Post Date: 2014-03-25

In response to a DSE query, the Company has informed the following: "the mill was closed with effect from 1st of November 2013 for rehabilitation and overhauling of the machinery to produce quality yarn for export. By now a few machinery have been overhauled and put into trial operation very recently. As such there is no undisclosed information regarding the operation and profitability of the Company which might have impact on the trade of shares".


Information
Post Date: 2014-01-28

(H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit/(loss) after tax of Tk. (19.99) million with EPS of Tk. (11.76) as against Tk. (11.35) million and Tk. (6.68) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. (15.66) million with EPS of Tk. (9.21) for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. (5.96) million and Tk. (3.51) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (127.02) million as on 31.12.2013 resulting total shareholders' equity stands at Tk. (50.97) million.