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. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Md. Hoque was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공고 • Apr 22
Mozaffar Hossain Spinning Mills Limited to Report Q3, 2026 Results on Apr 28, 2026 Mozaffar Hossain Spinning Mills Limited announced that they will report Q3, 2026 results on Apr 28, 2026 공고 • Jan 21
Mozaffar Hossain Spinning Mills Limited to Report Q2, 2026 Results on Jan 28, 2026 Mozaffar Hossain Spinning Mills Limited announced that they will report Q2, 2026 results on Jan 28, 2026 공고 • Nov 07
Mozaffar Hossain Spinning Mills Limited to Report Q1, 2026 Results on Nov 12, 2025 Mozaffar Hossain Spinning Mills Limited announced that they will report Q1, 2026 results on Nov 12, 2025 공고 • Oct 29
Mozaffar Hossain Spinning Mills Limited announces Annual dividend, payable on January 29, 2026 Mozaffar Hossain Spinning Mills Limited announced Annual dividend of BDT 0.3000 per share payable on January 29, 2026, ex-date on November 27, 2025 and record date on November 26, 2025. 공고 • Oct 28
Mozaffar Hossain Spinning Mills Limited, Annual General Meeting, Dec 30, 2025 Mozaffar Hossain Spinning Mills Limited, Annual General Meeting, Dec 30, 2025, at 10:00 Central Asia Standard Time. Location: hybrid system, at days hotel, baridhara, 69 suhrawady avenue, baridhara diplomatic zone-1212., Bangladesh 공고 • Oct 20
Mozaffar Hossain Spinning Mills Limited to Report Fiscal Year 2025 Results on Oct 27, 2025 Mozaffar Hossain Spinning Mills Limited announced that they will report fiscal year 2025 results on Oct 27, 2025 공고 • Apr 24
Mozaffar Hossain Spinning Mills Limited to Report Q3, 2025 Results on Apr 29, 2025 Mozaffar Hossain Spinning Mills Limited announced that they will report Q3, 2025 results on Apr 29, 2025 공고 • Jan 27
Mozaffar Hossain Spinning Mills Limited to Report Q2, 2025 Results on Jan 29, 2025 Mozaffar Hossain Spinning Mills Limited announced that they will report Q2, 2025 results on Jan 29, 2025 공고 • Nov 12
Mozaffar Hossain Spinning Mills Limited to Report Q1, 2025 Results on Nov 13, 2024 Mozaffar Hossain Spinning Mills Limited announced that they will report Q1, 2025 results on Nov 13, 2024 Declared Dividend • Oct 31
Dividend of ৳0.30 announced Shareholders will receive a dividend of ৳0.30. Ex-date: 28th November 2024 Payment date: 27th January 2025 Dividend yield will be 2.2%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (9% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. 공고 • Oct 29
Mozaffar Hossain Spinning Mills Limited, Annual General Meeting, Dec 28, 2024 Mozaffar Hossain Spinning Mills Limited, Annual General Meeting, Dec 28, 2024, at 11:30 Central Asia Standard Time. Location: through hybrid system at baridhara dohs, convention center, dhaka-1206, Bangladesh 공고 • Oct 21
Mozaffar Hossain Spinning Mills Limited to Report Fiscal Year 2024 Results on Oct 28, 2024 Mozaffar Hossain Spinning Mills Limited announced that they will report fiscal year 2024 results on Oct 28, 2024 New Risk • Aug 14
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 Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (৳2.06b market cap, or US$17.5m). Reported Earnings • May 15
Third quarter 2024 earnings released: EPS: ৳0.22 (vs ৳0.12 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.22 (up from ৳0.12 in 3Q 2023). Revenue: ৳611.2m (down 6.3% from 3Q 2023). Net income: ৳22.6m (up 92% from 3Q 2023). Profit margin: 3.7% (up from 1.8% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. 공고 • Apr 26
Mozaffar Hossain Spinning Mills Limited to Report Q3, 2024 Results on Apr 29, 2024 Mozaffar Hossain Spinning Mills Limited announced that they will report Q3, 2024 results on Apr 29, 2024 Reported Earnings • Feb 12
Second quarter 2024 earnings released: EPS: ৳0.32 (vs ৳0.50 in 2Q 2023) Second quarter 2024 results: EPS: ৳0.32 (down from ৳0.50 in 2Q 2023). Revenue: ৳658.2m (up 15% from 2Q 2023). Net income: ৳32.1m (down 36% from 2Q 2023). Profit margin: 4.9% (down from 8.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. 공고 • Jan 26
Mozaffar Hossain Spinning Mills Limited to Report Q2, 2024 Results on Jan 30, 2024 Mozaffar Hossain Spinning Mills Limited announced that they will report Q2, 2024 results on Jan 30, 2024 Board Change • Jan 12
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. 4 experienced directors. 3 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Md. Rahman was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 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 Risks Interest payments are not well covered by earnings (1.7x net interest cover). Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Profit margins are more than 30% lower than last year (4.5% net profit margin). Market cap is less than US$100m (৳2.68b market cap, or US$24.3m). Board Change • Nov 24
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. 4 experienced directors. 3 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Md. Rahman was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공고 • Nov 01
Mozaffar Hossain Spinning Mills Limited Recommends Cash Dividend for the Year Ended June 30, 2023 The Board of Directors of Mozaffar Hossain Spinning Mills Limited has recommended 2% Cash Dividend to all general public shareholders other than Sponsor/Director for the year ended June 30, 2023. 공고 • Oct 30
Mozaffar Hossain Spinning Mills Limited, Annual General Meeting, Dec 28, 2023 Mozaffar Hossain Spinning Mills Limited, Annual General Meeting, Dec 28, 2023, at 11:50 Bangladesh Standard Time. Board Change • Oct 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. 4 experienced directors. 3 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Md. Rahman was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공고 • Oct 20
Mozaffar Hossain Spinning Mills Limited to Report Fiscal Year 2023 Results on Oct 28, 2023 Mozaffar Hossain Spinning Mills Limited announced that they will report fiscal year 2023 results on Oct 28, 2023 Board Change • Oct 02
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. 4 experienced directors. 3 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Md. Rahman was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • May 11
Third quarter 2023 earnings released: EPS: ৳0.12 (vs ৳0.74 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.12 (down from ৳0.74 in 3Q 2022). Revenue: ৳652.2m (down 25% from 3Q 2022). Net income: ৳11.8m (down 84% from 3Q 2022). Profit margin: 1.8% (down from 8.6% in 3Q 2022). The decrease in margin was driven by lower revenue. Board Change • Apr 03
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. 4 experienced directors. 3 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Md. Rahman was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 14
Second quarter 2023 earnings released: EPS: ৳0.50 (vs ৳0.73 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.50 (down from ৳0.73 in 2Q 2022). Revenue: ৳571.2m (down 32% from 2Q 2022). Net income: ৳50.4m (down 31% from 2Q 2022). Profit margin: 8.8% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Board Change • Dec 30
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 an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Md. Rahman was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Dec 03
Full year 2022 earnings released: EPS: ৳1.92 (vs ৳0.52 in FY 2021) Full year 2022 results: EPS: ৳1.92 (up from ৳0.52 in FY 2021). Revenue: ৳2.90b (up 85% from FY 2021). Net income: ৳193.9m (up 270% from FY 2021). Profit margin: 6.7% (up from 3.4% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 23
Upcoming dividend of ৳0.60 per share Eligible shareholders must have bought the stock before 30 November 2022. Payment date: 29 January 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 2.3%. 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. 3 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Nominee Director Md. Hossain was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공고 • Nov 01
Mozaffar Hossain Spinning Mills Limited Recommends Cash Dividend for the Year Ended June 30, 2022 The Board of Directors of Mozaffar Hossain Spinning Mills Limited has recommended 6% Cash Dividend for the year ended June 30, 2022. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 16% share price gain to ৳30.70, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 23x in the Luxury industry in Bangladesh. Total returns to shareholders of 207% over the past three years. Reported Earnings • Jun 08
Third quarter 2022 earnings released: EPS: ৳0.74 (vs ৳0.49 in 3Q 2021) Third quarter 2022 results: EPS: ৳0.74 (up from ৳0.49 in 3Q 2021). Revenue: ৳865.9m (up 41% from 3Q 2021). Net income: ৳74.8m (up 51% from 3Q 2021). Profit margin: 8.6% (up from 8.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. 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. 3 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Nominee Director Md. Hossain was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jan 30
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳0.73 (up from ৳0.049 in 2Q 2021). Revenue: ৳835.1m (up 257% from 2Q 2021). Net income: ৳73.4m (up ৳68.4m from 2Q 2021). Profit margin: 8.8% (up from 2.1% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 17
Upcoming dividend of ৳0.30 per share Eligible shareholders must have bought the stock before 24 November 2021. Payment date: 23 January 2022. Trailing yield: 1.1%. Lower than top quartile of Bangladeshi dividend payers (2.9%). Lower than average of industry peers (2.5%). 공고 • Apr 08
Mozaffar Hossain Spinning Mills Limited Announces the Decision to Run 50% Shut Down of Existing Rotor Unit Mozaffar Hossain Spinning Mills Limited announced that the Board of Directors of the company has decided to run the 50% shut down of existing rotor unit into production from April 06, 2021 due to expansion of 36,000 spindles ring spining unit. The installed total capacity of the rotor unit is 16,000 Kg/Day. Reported Earnings • Feb 03
Second quarter 2021 earnings released: EPS ৳0.03 (vs ৳0.33 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ৳234.0m (up 214% from 2Q 2020). Net income: ৳3.04m (up ৳35.9m from 2Q 2020). Profit margin: 1.3% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Dec 14
New 90-day high: ৳13.60 The company is up 45% from its price of ৳9.40 on 15 September 2020. The Bangladeshi market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 4.0% over the same period. Reported Earnings • Nov 27
First quarter 2021 earnings released: ৳0.42 loss per share First quarter 2021 results: Net loss: ৳42.0m (loss widened 44% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 106% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Nov 22
Upcoming Dividend of ৳0.10 Per Share Will be paid on the 26th of January to those who are registered shareholders by the 29th of November. The trailing yield of 0.8% is below the top quartile of Bangladeshi dividend payers (3.8%), and is lower than industry peers (2.6%). 공고 • Nov 10
Mozaffar Hossain Spinning Mills Limited to Report Q2, 2021 Results on Nov 11, 2020 Mozaffar Hossain Spinning Mills Limited announced that they will report Q2, 2021 results on Nov 11, 2020 Is New 90 Day High Low • Nov 09
New 90-day high: ৳10.50 The company is up 30% from its price of ৳8.10 on 10 August 2020. The Bangladeshi market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 2.0% over the same period.