Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Tasnuva Ahmed was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 24
Saiham Cotton Mills Ltd. to Report Q3, 2026 Results on Apr 30, 2026 Saiham Cotton Mills Ltd. announced that they will report Q3, 2026 results on Apr 30, 2026 공시 • Jan 26
Saiham Cotton Mills Ltd. to Report Q2, 2026 Results on Jan 29, 2026 Saiham Cotton Mills Ltd. announced that they will report Q2, 2026 results on Jan 29, 2026 공시 • Nov 11
Saiham Cotton Mills Ltd. to Report Q1, 2026 Results on Nov 13, 2025 Saiham Cotton Mills Ltd. announced that they will report Q1, 2026 results on Nov 13, 2025 공시 • Oct 30
Saiham Cotton Mills Ltd. announces Annual dividend, payable on January 28, 2026 Saiham Cotton Mills Ltd. announced Annual dividend of BDT 0.7000 per share payable on January 28, 2026, ex-date on November 20, 2025 and record date on November 19, 2025. 공시 • Oct 29
Saiham Cotton Mills Ltd., Annual General Meeting, Dec 29, 2025 Saiham Cotton Mills Ltd., Annual General Meeting, Dec 29, 2025, at 11:00 Central Asia Standard Time. Location: at mill premises, noyapara, p.o-saiham nagar, u.z.-, madhabpur, dist-habiganj., Bangladesh 공시 • Oct 20
Saiham Cotton Mills Ltd. to Report Fiscal Year 2025 Results on Oct 28, 2025 Saiham Cotton Mills Ltd. announced that they will report fiscal year 2025 results on Oct 28, 2025 공시 • Apr 23
Saiham Cotton Mills Ltd. to Report Q3, 2025 Results on Apr 30, 2025 Saiham Cotton Mills Ltd. announced that they will report Q3, 2025 results on Apr 30, 2025 공시 • Jan 23
Saiham Cotton Mills Ltd. to Report Q2, 2025 Results on Jan 30, 2025 Saiham Cotton Mills Ltd. announced that they will report Q2, 2025 results on Jan 30, 2025 New Risk • Nov 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. 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). Earnings have declined by 2.4% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (৳2.22b market cap, or US$18.5m). Upcoming Dividend • Nov 12
Upcoming dividend of ৳0.50 per share Eligible shareholders must have bought the stock before 19 November 2024. Payment date: 19 January 2025. The company last paid an ordinary dividend in August 2014. The average dividend yield among industry peers is 3.3%. 공시 • Nov 09
Saiham Cotton Mills Ltd. to Report Q1, 2025 Results on Nov 14, 2024 Saiham Cotton Mills Ltd. announced that they will report Q1, 2025 results on Nov 14, 2024 공시 • Oct 17
Saiham Cotton Mills Ltd. to Report Fiscal Year 2024 Results on Oct 28, 2024 Saiham Cotton Mills Ltd. announced that they will report fiscal year 2024 results on Oct 28, 2024 New Risk • Aug 20
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 Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 2.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (৳2.65b market cap, or US$22.3m). Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳18.80, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 29x in the Luxury industry in Bangladesh. Total returns to shareholders of 1.9% over the past three years. Reported Earnings • May 02
Third quarter 2024 earnings released: EPS: ৳0.35 (vs ৳0.30 loss in 3Q 2023) Third quarter 2024 results: EPS: ৳0.35 (up from ৳0.30 loss in 3Q 2023). Revenue: ৳1.44b (up 17% from 3Q 2023). Net income: ৳51.6m (up ৳96.1m from 3Q 2023). Profit margin: 3.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year. 공시 • Apr 26
Saiham Cotton Mills Ltd. to Report Q3, 2024 Results on Apr 30, 2024 Saiham Cotton Mills Ltd. announced that they will report Q3, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳17.00, the stock trades at a trailing P/E ratio of 57.1x. Average trailing P/E is 36x in the Luxury industry in Bangladesh. Total returns to shareholders of 20% over the past three years. Reported Earnings • Feb 01
Second quarter 2024 earnings released: EPS: ৳0.27 (vs ৳0.039 in 2Q 2023) Second quarter 2024 results: EPS: ৳0.27 (up from ৳0.039 in 2Q 2023). Revenue: ৳1.27b (up 3.8% from 2Q 2023). Net income: ৳39.9m (up ৳34.0m from 2Q 2023). Profit margin: 3.1% (up from 0.5% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. 공시 • Jan 24
Saiham Cotton Mills Ltd. to Report Q2, 2024 Results on Jan 30, 2024 Saiham Cotton Mills Ltd. announced that they will report Q2, 2024 results on Jan 30, 2024 Reported Earnings • Dec 09
First quarter 2024 earnings released: EPS: ৳0.13 (vs ৳0.36 in 1Q 2023) First quarter 2024 results: EPS: ৳0.13 (down from ৳0.36 in 1Q 2023). Revenue: ৳1.59b (up 38% from 1Q 2023). Net income: ৳18.8m (down 65% from 1Q 2023). Profit margin: 1.2% (down from 4.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Nov 19
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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Dividend per share is over 11x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 9.5% per year over the past 5 years. 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 (0.3% net profit margin). Market cap is less than US$100m (৳2.44b market cap, or US$22.1m). 공시 • Oct 31
Saiham Cotton Mills Ltd. Recommends No Dividends for the Year Ended June 30, 2023 The Board of Directors of Saiham Cotton Mills Ltd. has recommended No Dividend for the year ended June 30, 2023. 공시 • Oct 17
Saiham Cotton Mills Ltd. to Report Fiscal Year 2023 Results on Oct 28, 2023 Saiham Cotton Mills Ltd. announced that they will report fiscal year 2023 results on Oct 28, 2023 Reported Earnings • May 06
Third quarter 2023 earnings released: ৳0.30 loss per share (vs ৳0.57 profit in 3Q 2022) Third quarter 2023 results: ৳0.30 loss per share (down from ৳0.57 profit in 3Q 2022). Revenue: ৳1.23b (down 3.3% from 3Q 2022). Net loss: ৳44.4m (down 152% from profit in 3Q 2022). Reported Earnings • Feb 04
Second quarter 2023 earnings released: EPS: ৳0.04 (vs ৳0.44 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.04 (down from ৳0.44 in 2Q 2022). Revenue: ৳1.22b (down 8.2% from 2Q 2022). Net income: ৳5.85m (down 91% from 2Q 2022). Profit margin: 0.5% (down from 4.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Mohammad Hossain was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Nov 01
Saiham Cotton Mills Ltd. Recommends Cash Dividend for the Year Ended June 30, 2022 Saiham Cotton Mills Ltd. has recommended 11% cash dividend for the year ended June 30, 2022. Reported Earnings • May 28
Third quarter 2022 earnings released: EPS: ৳0.57 (vs ৳0.36 in 3Q 2021) Third quarter 2022 results: EPS: ৳0.57 (up from ৳0.36 in 3Q 2021). Revenue: ৳1.28b (up 72% from 3Q 2021). Net income: ৳85.0m (up 61% from 3Q 2021). Profit margin: 6.7% (down from 7.1% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Mohammad Hossain was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 08
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳0.44 (up from ৳0.22 in 2Q 2021). Revenue: ৳1.33b (up 52% from 2Q 2021). Net income: ৳65.9m (up 105% from 2Q 2021). Profit margin: 4.9% (up from 3.7% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Dec 05
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: ৳0.46 loss per share (down from ৳0.15 profit in 1Q 2021). Revenue: ৳728.3m (down 26% from 1Q 2021). Net loss: ৳68.6m (down 410% from profit in 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Nov 11
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 18 November 2021. Payment date: 11 January 2022. Trailing yield: 5.2%. Within top quartile of Bangladeshi dividend payers (3.0%). Higher than average of industry peers (2.4%). Reported Earnings • May 28
Third quarter 2021 earnings released: EPS ৳0.36 (vs ৳0.11 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ৳740.5m (down 26% from 3Q 2020). Net income: ৳52.9m (up 218% from 3Q 2020). Profit margin: 7.1% (up from 1.7% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 01
Second quarter 2021 earnings released: EPS ৳0.22 (vs ৳0.19 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ৳874.4m (up 23% from 2Q 2020). Net income: ৳32.2m (up 13% from 2Q 2020). Profit margin: 3.7% (down from 4.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. 공시 • Oct 30
Saiham Cotton Mills Ltd. Recommends No Cash Dividend for the Year Ended on June 30, 2020 The Board of Directors of Saiham Cotton Mills Ltd. has recommended no cash dividend for the year ended on June 30, 2020.