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 Naima Sultana 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 22
Shasha Denims PLC. to Report Q3, 2026 Results on Apr 30, 2026 Shasha Denims PLC. announced that they will report Q3, 2026 results on Apr 30, 2026 공시 • Jan 22
Shasha Denims PLC. to Report Q2, 2026 Results on Jan 29, 2026 Shasha Denims PLC. announced that they will report Q2, 2026 results on Jan 29, 2026 공시 • Nov 10
Shasha Denims PLC. to Report Q1, 2026 Results on Nov 13, 2025 Shasha Denims PLC. announced that they will report Q1, 2026 results on Nov 13, 2025 공시 • Oct 30
Shasha Denims plc announces Annual dividend, payable on January 22, 2026 Shasha Denims plc announced Annual dividend of BDT 0.5000 per share payable on January 22, 2026, ex-date on November 20, 2025 and record date on November 19, 2025. 공시 • Oct 29
Shasha Denims PLC., Annual General Meeting, Dec 23, 2025 Shasha Denims PLC., Annual General Meeting, Dec 23, 2025, at 10:30 Central Asia Standard Time. 공시 • Oct 21
Shasha Denims PLC. to Report Fiscal Year 2025 Results on Oct 28, 2025 Shasha Denims PLC. announced that they will report fiscal year 2025 results on Oct 28, 2025 공시 • Apr 21
Shasha Denims Limited to Report Q3, 2025 Results on Apr 28, 2025 Shasha Denims Limited announced that they will report Q3, 2025 results on Apr 28, 2025 공시 • Jan 21
Shasha Denims Limited to Report Q2, 2025 Results on Jan 30, 2025 Shasha Denims Limited announced that they will report Q2, 2025 results on Jan 30, 2025 Reported Earnings • Nov 17
Full year 2024 earnings released: EPS: ৳1.77 (vs ৳1.40 in FY 2023) Full year 2024 results: EPS: ৳1.77 (up from ৳1.40 in FY 2023). Revenue: ৳11.4b (up 30% from FY 2023). Net income: ৳249.9m (up 26% from FY 2023). Profit margin: 2.2% (down from 2.3% 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 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Nov 14
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 21 November 2024. Payment date: 23 January 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.8%. Within top quartile of Bangladeshi dividend payers (4.5%). Higher than average of industry peers (3.3%). 공시 • Nov 09
Shasha Denims Limited to Report Q1, 2025 Results on Nov 14, 2024 Shasha Denims Limited announced that they will report Q1, 2025 results on Nov 14, 2024 Declared Dividend • Oct 31
Dividend of ৳1.00 announced Dividend of ৳1.00 is the same as last year. Ex-date: 21st November 2024 Payment date: 23rd January 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. However, EPS has declined by 26% over the last 5 years so the company would need to reverse this trend. 공시 • Oct 29
Shasha Denims Limited, Annual General Meeting, Dec 24, 2024 Shasha Denims Limited, Annual General Meeting, Dec 24, 2024, at 10:30 Central Asia Standard Time. 공시 • Oct 17
Shasha Denims Limited to Report Fiscal Year 2024 Results on Oct 28, 2024 Shasha Denims Limited announced that they will report fiscal year 2024 results on Oct 28, 2024 Reported Earnings • May 09
Third quarter 2024 earnings released: EPS: ৳0.03 (vs ৳0.03 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.03 (in line with 3Q 2023). Revenue: ৳2.84b (up 44% from 3Q 2023). Net income: ৳4.21m (flat on 3Q 2023). Profit margin: 0.1% (down from 0.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. 공시 • Apr 26
Shasha Denims Limited to Report Q3, 2024 Results on Apr 30, 2024 Shasha Denims Limited announced that they will report Q3, 2024 results on Apr 30, 2024 Reported Earnings • Feb 08
Second quarter 2024 earnings released: EPS: ৳0.62 (vs ৳0.77 in 2Q 2023) Second quarter 2024 results: EPS: ৳0.62 (down from ৳0.77 in 2Q 2023). Revenue: ৳3.59b (up 42% from 2Q 2023). Net income: ৳87.3m (down 19% from 2Q 2023). Profit margin: 2.4% (down from 4.3% in 2Q 2023). 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 increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ৳22.30, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 32x in the Luxury industry in Bangladesh. Total returns to shareholders of 16% over the past three years. 공시 • Jan 24
Shasha Denims Limited to Report Q2, 2024 Results on Jan 31, 2024 Shasha Denims Limited announced that they will report Q2, 2024 results on Jan 31, 2024 Board Change • Jan 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director MBM Hadee was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 24
First quarter 2024 earnings released: EPS: ৳0.27 (vs ৳0.56 in 1Q 2023) First quarter 2024 results: EPS: ৳0.27 (down from ৳0.56 in 1Q 2023). Revenue: ৳2.21b (up 5.8% from 1Q 2023). Net income: ৳38.5m (down 51% from 1Q 2023). Profit margin: 1.7% (down from 3.8% in 1Q 2023). 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 8% per year, which means it is well ahead of earnings. New Risk • Nov 18
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). Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 62% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Market cap is less than US$100m (৳3.81b market cap, or US$34.4m). Upcoming Dividend • Nov 14
Upcoming dividend of ৳1.00 per share at 3.7% yield Eligible shareholders must have bought the stock before 20 November 2023. Payment date: 21 January 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.7%. Within top quartile of Bangladeshi dividend payers (3.3%). Higher than average of industry peers (2.6%). 공시 • Oct 18
Shasha Denims Limited to Report Fiscal Year 2023 Results on Oct 26, 2023 Shasha Denims Limited announced that they will report fiscal year 2023 results on Oct 26, 2023 Board Change • Aug 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director MBM Hadee was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 03
Third quarter 2023 earnings released: EPS: ৳0.03 (vs ৳0.55 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.03 (down from ৳0.55 in 3Q 2022). Revenue: ৳1.97b (down 37% from 3Q 2022). Net income: ৳4.24m (down 95% from 3Q 2022). Profit margin: 0.2% (down from 2.5% in 3Q 2022). Reported Earnings • Feb 03
Second quarter 2023 earnings released: EPS: ৳0.77 (vs ৳0.47 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.77 (up from ৳0.47 in 2Q 2022). Revenue: ৳2.54b (down 24% from 2Q 2022). Net income: ৳108.0m (up 62% from 2Q 2022). Profit margin: 4.3% (up from 2.0% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Shahadat Hossain was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Oct 31
Shasha Denims Limited Recommends Cash Dividend for the Year Ended June 30, 2022 The Board of Directors of Shasha Denims Limited has recommended 10% cash dividend for the year ended June 30, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Shahadat Hossain was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 02
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳0.47 (up from ৳0.33 in 2Q 2021). Revenue: ৳3.33b (up 16% from 2Q 2021). Net income: ৳66.8m (up 45% from 2Q 2021). Profit margin: 2.0% (up from 1.6% 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 fallen by 39% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Nov 17
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 24 November 2021. Payment date: 23 January 2022. Trailing yield: 3.7%. Within top quartile of Bangladeshi dividend payers (2.9%). Higher than average of industry peers (2.5%). Upcoming Dividend • Nov 15
Upcoming Dividend of ৳0.50 Per Share Will be paid on the 19th of January to those who are registered shareholders by the 22nd of November. The trailing yield of 2.2% is below the top quartile of Bangladeshi dividend payers (3.8%), and is lower than industry peers (2.9%). 공시 • Jul 31
Shasha Denims Limited (DSE:SHASHADNIM) completed the acquisition of 80% stake in EOS Textiles Mills Limited for BDT 1 billion. Shasha Denims Limited (DSE:SHASHADNIM) signed a memorandum of understanding to acquire 40% stake in EOS Textiles Mills Limited for BDT 480 million on February 24, 2018. Shasha Denims will fund the consideration from BDT 300 million from IPO fund, as per approval by shareholders in the 20th annual general meeting (AGM) and the remaining BDT 180 million from cash flows. As on February 17, 2018, Shasha Denims Limited (DSE:SHASHADNIM) has agreed to acquire 80% stake in EOS Textiles Mills Limited for BDT 1 billion. Shasha has already paid BDT 300 million and the remaining amount will be paid from it cash flow. The transaction is subject to approval from Bangladesh Bank. Bangladesh Bank has approved the transaction on August 23, 2019. Sale proceeds will be repatriated to non resident shareholders of EOS.
Shasha Denims Limited (DSE:SHASHADNIM) completed the acquisition of 80% stake in EOS Textiles Mills Limited for BDT 1 billion in December 2019.