공지 • Jan 08
Aramit Cement plc Announces Closing of Inspection of the Factory Premises Aramit Cement PLC announced a team of DSE visited the factory premises of Aramit Cement Limited on July 22, 2025 and found the operation/production closed. 공지 • Oct 20
DSE Team Finds Aramit Cement Factory Closed During Inspection Aramit Cement PLC announced that DSE visited the factory premises of Aramit Cement Limited on July 22, 2025 and found the operation/production closed. 공지 • Apr 28
Aramit Cement PLC to Report Q3, 2025 Results on Apr 30, 2025 Aramit Cement PLC announced that they will report Q3, 2025 results on Apr 30, 2025 공지 • Feb 03
Aramit Cement PLC to Report Q2, 2025 Results on Feb 05, 2025 Aramit Cement PLC announced that they will report Q2, 2025 results on Feb 05, 2025 공지 • Nov 18
Aramit Cement PLC, Annual General Meeting, Dec 30, 2024 Aramit Cement PLC, Annual General Meeting, Dec 30, 2024, at 12:00 Central Asia Standard Time. Location: hybrid system, Bangladesh 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 6.5% 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 Less than 1 year of cash runway based on free cash flow trend (-৳360m free cash flow). Negative equity (-৳562m). Earnings have declined by 51% per year over the past 5 years. Market cap is less than US$10m (৳576.0m market cap, or US$4.88m). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Revenue is less than US$5m (৳151m revenue, or US$1.3m). Reported Earnings • May 10
Third quarter 2024 earnings released: ৳4.26 loss per share (vs ৳3.97 loss in 3Q 2023) Third quarter 2024 results: ৳4.26 loss per share (further deteriorated from ৳3.97 loss in 3Q 2023). Net loss: ৳144.3m (loss widened 7.4% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. 공지 • Apr 26
Aramit Cement PLC to Report Q3, 2024 Results on Apr 30, 2024 Aramit Cement PLC announced that they will report Q3, 2024 results on Apr 30, 2024 Reported Earnings • Jan 26
Second quarter 2024 earnings released: ৳3.86 loss per share (vs ৳5.05 loss in 2Q 2023) Second quarter 2024 results: ৳3.86 loss per share (improved from ৳5.05 loss in 2Q 2023). Net loss: ৳130.8m (loss narrowed 24% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. 공지 • Jan 22
Aramit Cement PLC to Report First Half, 2024 Results on Jan 25, 2024 Aramit Cement PLC announced that they will report first half, 2024 results on Jan 25, 2024 New Risk • Jan 22
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 5.5% 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 Negative equity (-৳288m). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (৳853.8m market cap, or US$7.79m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-৳283m). Share price has been volatile over the past 3 months (5.5% average weekly change). Revenue is less than US$5m (৳110m revenue, or US$1.0m). New Risk • Dec 22
New major risk - Negative shareholders equity The company has negative equity. Total equity: -৳152m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Negative equity (-৳152m). 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. Revenue has declined by 81% over the past year. Market cap is less than US$10m (৳803.0m market cap, or US$7.32m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-৳239m). Revenue is less than US$5m (৳135m revenue, or US$1.2m). New Risk • Nov 23
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 Revenue has declined by 81% over the past year. Market cap is less than US$10m (৳796.2m market cap, or US$7.20m). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.6% average weekly change). Revenue is less than US$5m (৳207m revenue, or US$1.9m). 공지 • Nov 18
Aramit Cement Limited, Annual General Meeting, Dec 30, 2023 Aramit Cement Limited, Annual General Meeting, Dec 30, 2023, at 12:00 Bangladesh Standard Time. Reported Earnings • May 08
Third quarter 2023 earnings released: ৳3.97 loss per share (vs ৳6.39 loss in 3Q 2022) Third quarter 2023 results: ৳3.97 loss per share (improved from ৳6.39 loss in 3Q 2022). Net loss: ৳134.4m (loss narrowed 38% from 3Q 2022). 공지 • Nov 16
Aramit Cement Limited Announces Final Dividend for the Year Ended June 30, 2022 The Board of Directors of Aramit Cement Limited has recommended 5% cash dividend as final dividend for the year ended June 30, 2022 which has already been paid as interim dividend, to the upcoming AGM: December 29, 2022, Record date: December 5, 2022. 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). CEO, MD & Director Rukhmila Zaman was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Md. Anowar was the last independent director to join the board, commencing their role in 2015. 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 • Apr 10
Second quarter 2022 earnings released: ৳2.15 loss per share (vs ৳1.09 profit in 2Q 2021) Second quarter 2022 results: ৳2.15 loss per share (down from ৳1.09 profit in 2Q 2021). Revenue: ৳100.8m (down 81% from 2Q 2021). Net loss: ৳73.0m (down 298% from profit in 2Q 2021). Upcoming Dividend • Dec 28
Upcoming dividend of ৳0.50 per share Eligible shareholders must have bought the stock before 04 January 2022. Payment date: 12 January 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Bangladeshi dividend payers (3.3%). Higher than average of industry peers (1.7%). 공지 • Dec 15
Aramit Cement Ltd Declares Interim Cash Dividend for the Year 2021-22 The Board of Directors of the Aramit Cement Ltd. has declared 5% Interim cash dividend for the year 2021-22 to the General Public only other than the Sponsors Shareholder. Record date for entitlement of interim cash dividend: 03 January 2022. Is New 90 Day High Low • Feb 24
New 90-day high: ৳22.80 The company is up 59% from its price of ৳14.30 on 26 November 2020. The Bangladeshi market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 22% over the same period. Is New 90 Day High Low • Feb 01
New 90-day high: ৳19.10 The company is up 22% from its price of ৳15.70 on 03 November 2020. The Bangladeshi market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 23% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: ৳18.60 The company is up 13% from its price of ৳16.50 on 06 October 2020. The Bangladeshi market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 12% over the same period. Is New 90 Day High Low • Nov 18
New 90-day low: ৳14.40 The company is down 8.0% from its price of ৳15.70 on 20 August 2020. The Bangladeshi market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 6.0% over the same period. 공지 • Jul 17
Aramit Cement Ltd to Report Q3, 2020 Results on Jun 28, 2020 Aramit Cement Ltd announced that they will report Q3, 2020 results on Jun 28, 2020