Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 2 independent directors (7 non-independent directors). Acting Managing Director & Director Abdul Morol was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Apr 24
Eastern Cables Limited to Report Q3, 2026 Results on Apr 29, 2026 Eastern Cables Limited announced that they will report Q3, 2026 results on Apr 29, 2026 공시 • Jan 21
Eastern Cables Limited to Report Q2, 2026 Results on Jan 24, 2026 Eastern Cables Limited announced that they will report Q2, 2026 results on Jan 24, 2026 공시 • Nov 12
Eastern Cables Limited, Annual General Meeting, Jan 24, 2026 Eastern Cables Limited, Annual General Meeting, Jan 24, 2026, at 11:00 Central Asia Standard Time. Location: hybrid system and at bangladesh steel and, engineering corporation, 102, kazi nazrul islam avenue, karwan bazar, dhaka Bangladesh 공시 • Apr 25
Eastern Cables Limited to Report Q3, 2025 Results on Apr 28, 2025 Eastern Cables Limited announced that they will report Q3, 2025 results on Apr 28, 2025 공시 • Jan 27
Eastern Cables Limited to Report Q2, 2025 Results on Jan 30, 2025 Eastern Cables Limited announced that they will report Q2, 2025 results on Jan 30, 2025 Reported Earnings • Nov 14
Full year 2024 earnings released: EPS: ৳0.59 (vs ৳0.49 in FY 2023) Full year 2024 results: EPS: ৳0.59 (up from ৳0.49 in FY 2023). Revenue: ৳750.8m (up 53% from FY 2023). Net income: ৳15.5m (up 21% from FY 2023). Profit margin: 2.1% (down from 2.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Declared Dividend • Nov 13
Dividend of ৳0.20 announced Shareholders will receive a dividend of ৳0.20. Ex-date: 18th December 2024 Payment date: 10th March 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. 공시 • Nov 11
Eastern Cables Limited, Annual General Meeting, Feb 08, 2025 Eastern Cables Limited, Annual General Meeting, Feb 08, 2025, at 11:00 Central Asia Standard Time. Location: hybrid system, eastern cables limited, uttar patenga, chattogram., Bangladesh 공시 • Nov 05
Eastern Cables Limited to Report Fiscal Year 2024 Results on Nov 10, 2024 Eastern Cables Limited announced that they will report fiscal year 2024 results on Nov 10, 2024 공시 • Nov 04
Eastern Cables Limited to Report Q1, 2025 Results on Nov 10, 2024 Eastern Cables Limited announced that they will report Q1, 2025 results on Nov 10, 2024 New Risk • Aug 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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: Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (4.4% net profit margin). Revenue is less than US$5m (৳508m revenue, or US$4.3m). Market cap is less than US$100m (৳3.73b market cap, or US$31.3m). New Risk • Aug 07
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 6.7% 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: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (4.4% net profit margin). Revenue is less than US$5m (৳508m revenue, or US$4.3m). Market cap is less than US$100m (৳3.52b market cap, or US$29.9m). 공시 • Apr 28
Eastern Cables Limited to Report Q3, 2024 Results on Apr 30, 2024 Eastern Cables Limited announced that they will report Q3, 2024 results on Apr 30, 2024 Reported Earnings • Feb 10
Second quarter 2024 earnings released: EPS: ৳1.07 (vs ৳0.21 in 2Q 2023) Second quarter 2024 results: EPS: ৳1.07 (up from ৳0.21 in 2Q 2023). Revenue: ৳300.7m (up 26% from 2Q 2023). Net income: ৳28.4m (up 423% from 2Q 2023). Profit margin: 9.4% (up from 2.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. 공시 • Jan 29
Eastern Cables Limited Appoints Nadia Islam as Company Secretary Eastern Cables Limited has informed that Ms. Nadia Islam, Assistant Chief Accounts Officer has been appointed as the Company Secretary of the company. 공시 • Jan 26
Eastern Cables Limited to Report Q2, 2024 Results on Jan 29, 2024 Eastern Cables Limited announced that they will report Q2, 2024 results on Jan 29, 2024 Upcoming Dividend • Dec 07
Upcoming dividend of ৳0.30 per share at 0.1% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 06 March 2024. Payout ratio is a comfortable 6.7% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Bangladeshi dividend payers (3.4%). Lower than average of industry peers (1.4%). 공시 • Nov 21
Eastern Cables Limited Announces Appointment of Abdul Malek Morol as Managing Director (Acting) Eastern Cables Limited informed that Mr. Abdul Malek Morol has been appointed as the Managing Director (Acting) of the Company with effect from November 06, 2023. Reported Earnings • Nov 19
First quarter 2024 earnings released: ৳0.45 loss per share (vs ৳0.078 profit in 1Q 2023) First quarter 2024 results: ৳0.45 loss per share (down from ৳0.078 profit in 1Q 2023). Net loss: ৳12.0m (down ৳14.0m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. 공시 • Nov 02
Eastern Cables Limited to Report Fiscal Year 2023 Results on Nov 06, 2023 Eastern Cables Limited announced that they will report fiscal year 2023 results on Nov 06, 2023 Reported Earnings • May 30
Third quarter 2023 earnings released: EPS: ৳0.44 (vs ৳0.32 loss in 3Q 2022) Third quarter 2023 results: EPS: ৳0.44 (up from ৳0.32 loss in 3Q 2022). Revenue: ৳416.4m (up 455% from 3Q 2022). Net income: ৳11.5m (up ৳20.1m from 3Q 2022). Profit margin: 2.8% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 04
Upcoming dividend of ৳0.20 per share Eligible shareholders must have bought the stock before 11 December 2022. Payment date: 01 March 2023. Trailing yield: 0.1%. Lower than top quartile of Bangladeshi dividend payers (3.8%). Lower than average of industry peers (1.0%). 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. 9 experienced directors. No highly experienced directors. 2 independent directors (7 non-independent directors). Chairman Mohammed Mizanur Khan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Nov 10
Eastern Cables Limited Recommends Cash Dividend for the Year Ended June 30, 2022 The Board of Directors of Eastern Cables Limited has recommended 2% cash dividend for the year ended June 30, 2022. Reported Earnings • Jun 26
Third quarter 2021 earnings released: ৳1.22 loss per share (vs ৳1.53 loss in 3Q 2020) Third quarter 2021 results: ৳1.22 loss per share (up from ৳1.53 loss in 3Q 2020). Revenue: ৳102.1m (down 51% from 3Q 2020). Net loss: ৳32.4m (loss narrowed 20% from 3Q 2020). 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. 9 experienced directors. No highly experienced directors. 2 independent directors (7 non-independent directors). Chairman Mohammed Mizanur Khan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Is New 90 Day High Low • Dec 30
New 90-day high: ৳171 The company is up 9.0% from its price of ৳157 on 01 October 2020. The Bangladeshi market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 22% over the same period. 공시 • Nov 10
Eastern Cables Limited, Annual General Meeting, Feb 20, 2021 Eastern Cables Limited, Annual General Meeting, Feb 20, 2021, at 11:00 Bangladesh Standard Time. 공시 • Nov 07
Eastern Cables Limited to Report Fiscal Year 2020 Results on Nov 08, 2020 Eastern Cables Limited announced that they will report fiscal year 2020 results on Nov 08, 2020 공시 • Jul 07
Eastern Cables Limited to Report Q3, 2020 Results on Jun 24, 2020 Eastern Cables Limited announced that they will report Q3, 2020 results on Jun 24, 2020