LAFSURCEML ********************** Last AGM Held: 10/06/2014 Total no. of Securities 1,161,373,500 Bonus Issue n/a Right Issue 1R:1 2011 Current Price Earning Ratio (P/E) (Based on Continuing operation) 46.98 Current Price Earning Ratio (P/E) (Based on Continuing Operation) 51.92 Share Percentage: Sponsor/Director 65.86 Govt.0 Institute 4.04 Foreign 0 Public 30.1 The Company has informed that the Company (Lafarge Surma) and Metrocem Cement Ltd. (Metrocem) have entered into a Memorandum of Understanding on 22.07.2014. The MOU provides that, within six (6) months from the signing of the MOU, Lafarge Surma and Metrocem shall execute a Toll Grinding Agreement. Under the MOU Metrocem will produce Portland Composite Cement (PCC) for Lafarge Surma. Lafarge Surma shall supply clinker to Metrocem and Metrocem shall supply other raw materials to manufacture the bagged PCC cement strictly in accordance with Lafarge Surmas specification and quality standard. Metrocem shall sell the bagged cement, produced under the MOU, exclusively to Lafarge Surma. Lafarge Surma shall market and distribute the cement under the brand name DURACRETE. (H/Y): As per un-audited half yearly accounts as on 30.06.2014 (Jan14 to June14), the Company has reported consolidated profit after tax (excluding non-controlling interests) of Tk. 1,402.27 million with consolidated EPS of Tk. 1.21 as against Tk. 1,062.02 million and Tk. 0.91 respectively for the same period of the previous year. Whereas consolidated profit after tax (excluding non-controlling interests) was Tk. 774.36 million with consolidated EPS of Tk. 0.67 for the period of 3 months (Apr14 to June14) ended on 30.06.2014 as against Tk. 361.67 million and Tk. 0.31 respectively for the same period of the previous year. Consolidated accumulated profit/(loss) of the Company was Tk. (122.54) million as on 30.06.2014. The Company has informed that the distribution of interim cash dividend of the Company has been completed on July 07, 2014 in the following manner: 1) by way of Electronic Transfer to the bank accounts of the shareholders having Beneficiary Account (BO); 2) by way of remittance to the respective bank accounts of the Non-Residence Bangladeshi and foreign shareholders; and 3) by way of sending Dividend Warrant by courier service to the shareholders having shares in paper form (Folio). In case of non-receipt of the dividend, shareholders are requested to collect from the Share Department of the Company. (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan14 to March14), the Company has reported consolidated profit after tax of Tk. 627.92 million with consolidated EPS of Tk. 0.54 as against Tk. 700.35 million and Tk. 0.60 respectively for the same period of the previous year. Consolidated accumulated profit/(loss) of the Company was Tk. (316.21) million as on 31.03.2014
Posted on: Thu, 21 Aug 2014 03:05:20 +0000
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