Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Aug 12
SK Trims & Industries Ltd. to Report Q2, 2025 Results on Aug 13, 2025 SK Trims & Industries Ltd. announced that they will report Q2, 2025 results on Aug 13, 2025 Ankündigung • Dec 27
SK Trims & Industries Ltd. to Report Q1, 2025 Results on Dec 31, 2024 SK Trims & Industries Ltd. announced that they will report Q1, 2025 results on Dec 31, 2024 Ankündigung • Nov 27
SK Trims & Industries Ltd. Recommends Cash Dividend for the Year Ended June 30, 2024 The Board of Directors of SK Trims & Industries Ltd. has recommended 1.75% cash dividend (All Shareholders) for the year ended June 30, 2024. Date of AGM is December 29, 2024 and Record date is December 12, 2024. Ankündigung • Nov 25
SK Trims & Industries Ltd., Annual General Meeting, Dec 29, 2024 SK Trims & Industries Ltd., Annual General Meeting, Dec 29, 2024, at 11:30 Central Asia Standard Time. Location: hybrid system, Bangladesh Ankündigung • Nov 15
SK Trims & Industries Ltd. to Report Fiscal Year 2024 Results on Nov 21, 2024 SK Trims & Industries Ltd. announced that they will report fiscal year 2024 results on Nov 21, 2024 Ankündigung • Sep 10
SK Trims & Industries Ltd. Decides to Stop Production SK Trims & Industries Ltd. announced that the Board of Directors has decided to stop production of the company and given a notice of Suspension of Work. New Risk • Sep 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (৳1.27b market cap, or US$10.6m). Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ৳16.60, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 26x in the Luxury industry in Bangladesh. Total loss to shareholders of 60% over the past three years. Reported Earnings • May 21
Third quarter 2024 earnings released: EPS: ৳0.38 (vs ৳0.21 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.38 (up from ৳0.21 in 3Q 2023). Revenue: ৳461.0m (up 108% from 3Q 2023). Net income: ৳32.1m (up 82% from 3Q 2023). Profit margin: 7.0% (down from 8.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳33.60, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 29x in the Luxury industry in Bangladesh. Total loss to shareholders of 43% over the past three years. Ankündigung • Apr 23
SK Trims & Industries Ltd. to Report Q3, 2024 Results on Apr 29, 2024 SK Trims & Industries Ltd. announced that they will report Q3, 2024 results on Apr 29, 2024 Reported Earnings • Mar 06
Second quarter 2024 earnings released: EPS: ৳0.36 (vs ৳0.34 in 2Q 2023) Second quarter 2024 results: EPS: ৳0.36 (up from ৳0.34 in 2Q 2023). Revenue: ৳237.2m (up 2.0% from 2Q 2023). Net income: ৳30.5m (up 5.7% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Ankündigung • Jan 24
SK Trims & Industries Ltd. to Report Q2, 2024 Results on Jan 29, 2024 SK Trims & Industries Ltd. announced that they will report Q2, 2024 results on Jan 29, 2024 New Risk • Jan 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Bangladeshi stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (৳2.67b market cap, or US$24.3m). Reported Earnings • Dec 08
Full year 2023 earnings released: EPS: ৳0.94 (vs ৳0.90 in FY 2022) Full year 2023 results: EPS: ৳0.94 (up from ৳0.90 in FY 2022). Revenue: ৳887.6m (up 18% from FY 2022). Net income: ৳79.7m (up 4.5% from FY 2022). Profit margin: 9.0% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year and the company’s share price has also fallen by 18% per year. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ৳34.60, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 30x in the Luxury industry in Bangladesh. Total loss to shareholders of 42% over the past three years. New Risk • Nov 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share). Market cap is less than US$100m (৳2.36b market cap, or US$21.5m). Upcoming Dividend • Nov 19
Upcoming dividend of ৳0.30 per share at 1.0% yield Eligible shareholders must have bought the stock before 26 November 2023. Payment date: 28 January 2024. Payout ratio is a comfortable 40% but the company is paying out more than the cash it is generating. Trailing yield: 1.0%. Lower than top quartile of Bangladeshi dividend payers (3.4%). Lower than average of industry peers (2.6%). Ankündigung • Nov 07
SK Trims & Industries Ltd. to Report Q1, 2024 Results on Nov 13, 2023 SK Trims & Industries Ltd. announced that they will report Q1, 2024 results on Nov 13, 2023 Ankündigung • Oct 17
SK Trims & Industries Ltd. to Report Fiscal Year 2023 Results on Oct 26, 2023 SK Trims & Industries Ltd. announced that they will report fiscal year 2023 results on Oct 26, 2023 Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳29.30, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 27x in the Luxury industry in Bangladesh. Total loss to shareholders of 51% over the past three years. New Risk • Jul 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 9x cash flows per share). Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (৳2.32b market cap, or US$21.4m). Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳30.60, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 29x in the Luxury industry in Bangladesh. Total loss to shareholders of 48% over the past three years. Reported Earnings • May 12
Third quarter 2023 earnings released: EPS: ৳0.21 (vs ৳0.15 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.21 (up from ৳0.15 in 3Q 2022). Revenue: ৳221.7m (up 43% from 3Q 2022). Net income: ৳17.7m (up 38% from 3Q 2022). Profit margin: 8.0% (down from 8.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Reported Earnings • Feb 04
Second quarter 2023 earnings released: EPS: ৳0.34 (vs ৳0.25 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.34 (up from ৳0.25 in 2Q 2022). Revenue: ৳232.5m (up 47% from 2Q 2022). Net income: ৳28.8m (up 34% from 2Q 2022). Profit margin: 12% (down from 14% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 26
Full year 2022 earnings released: EPS: ৳0.90 (vs ৳1.14 in FY 2021) Full year 2022 results: EPS: ৳0.90 (down from ৳1.14 in FY 2021). Revenue: ৳755.4m (down 13% from FY 2021). Net income: ৳76.3m (down 21% from FY 2021). Profit margin: 10% (down from 11% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Nov 20
Upcoming dividend of ৳0.40 per share Eligible shareholders must have bought the stock before 27 November 2022. Payment date: 29 January 2023. Payout ratio is a comfortable 63% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Bangladeshi dividend payers (3.8%). Lower than average of industry peers (2.7%). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Sheikh Uddin was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Oct 28
SK Trims & Industries Ltd. Recommends Cash Dividend for the Year Ended June 30, 2022 SK Trims & Industries Ltd. Board of Directors has recommended 4% cash dividend for general shareholders only (other than Sponsors & Directors) for the year ended June 30, 2022. The Sponsors/Directors hold 2,64,50,258 shares and General Shareholders hold 5,82,49,742 out of total 8,47,00,000 shares of the Company. General shareholders will be paid BDT 2,32,99,897.00 as cash dividend. (cont.). Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Sheikh Uddin was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improved over the past week After last week's 21% share price gain to ৳33.50, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 32x in the Luxury industry in Bangladesh. Total loss to shareholders of 17% over the past three years. Upcoming Dividend • Nov 21
Upcoming dividend of ৳0.50 per share Eligible shareholders must have bought the stock before 28 November 2021. Payment date: 23 January 2022. Trailing yield: 1.7%. Lower than top quartile of Bangladeshi dividend payers (2.9%). Lower than average of industry peers (2.5%). Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ৳45.90, the stock trades at a trailing P/E ratio of 55.1x. Average trailing P/E is 43x in the Luxury industry in Bangladesh. Total loss to shareholders of 24% over the past year. Reported Earnings • Feb 19
Second quarter 2021 earnings released: EPS ৳0.34 (vs ৳0.71 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ৳222.5m (down 38% from 2Q 2020). Net income: ৳28.9m (down 52% from 2Q 2020). Profit margin: 13% (down from 17% in 2Q 2020). The decrease in margin was driven by lower revenue. Upcoming Dividend • Nov 22
Upcoming Dividend of ৳1.50 Per Share Will be paid on the 24th of January to those who are registered shareholders by the 29th of November. The trailing yield of 2.4% is below the top quartile of Bangladeshi dividend payers (3.8%), but is in line with industry peers (2.6%). 
