Announcement • May 21
National Tea Company Limited, Annual General Meeting, Jul 16, 2026 National Tea Company Limited, Annual General Meeting, Jul 16, 2026, at 11:00 Central Asia Standard Time. Location: hybrid system, at the company`s registered office, bgic tower (7th floor), 34, topkhana road, dhaka., dhaka Bangladesh 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. 10 experienced directors. 2 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Director Mizanur Khan 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. Announcement • May 13
National Tea Company Limited to Report Fiscal Year 2025 Results on May 20, 2026 National Tea Company Limited announced that they will report fiscal year 2025 results on May 20, 2026 Announcement • Feb 05
National Tea Company Limited Announces Management Appointments National Tea Company Limited announced that as per decision of the meeting of the Board of Directors, Mr. H. S. M. Ziaul Ahsan has been appointed as Managing Director and Mr. A. K. Azad Chowdhury has been appointed as Company Secretary with effect from February 03, 2025. Announcement • Jan 16
National Tea Company Limited to Report Fiscal Year 2024 Results on Jan 23, 2025 National Tea Company Limited announced that they will report fiscal year 2024 results on Jan 23, 2025 New Risk • Nov 16
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 Less than 1 year of cash runway based on free cash flow trend (-৳943m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-৳1.0b). Earnings have declined by 47% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (৳1.34b market cap, or US$11.2m). New Risk • Nov 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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 (-৳943m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-৳1.0b). Earnings have declined by 47% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (৳1.35b market cap, or US$11.3m). New Risk • Sep 12
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 7.7% 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-৳943m free cash flow). Negative equity (-৳1.0b). Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (৳2.96b market cap, or US$24.7m). Announcement • Apr 24
National Tea Company Limited to Report Q3, 2024 Results on Apr 29, 2024 National Tea Company Limited announced that they will report Q3, 2024 results on Apr 29, 2024 Reported Earnings • Feb 01
Second quarter 2024 earnings released: ৳36.52 loss per share (vs ৳0.14 profit in 2Q 2023) Second quarter 2024 results: ৳36.52 loss per share (down from ৳0.14 profit in 2Q 2023). Revenue: ৳204.8m (down 37% from 2Q 2023). Net loss: ৳241.0m (down ৳242.0m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Jan 22
National Tea Company Limited to Report Q2, 2024 Results on Jan 27, 2024 National Tea Company Limited announced that they will report Q2, 2024 results on Jan 27, 2024 Reported Earnings • Nov 14
Full year 2023 earnings released: ৳96.24 loss per share (vs ৳34.47 loss in FY 2022) Full year 2023 results: ৳96.24 loss per share (further deteriorated from ৳34.47 loss in FY 2022). Revenue: ৳958.5m (down 10% from FY 2022). Net loss: ৳635.2m (loss widened 179% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year. Announcement • Oct 28
National Tea Company Limited Recommends No Dividend for the Year Ended June 30, 2023 National Tea Company Limited announced the board of directors has recommended No Dividend for the year ended June 30, 2023. Announcement • Oct 19
National Tea Company Limited to Report Fiscal Year 2023 Results on Oct 25, 2023 National Tea Company Limited announced that they will report fiscal year 2023 results on Oct 25, 2023 Announcement • May 17
National Tea Company Limited Announces Appointment of Molla Golam Mohammad as Company Secretary National Tea Company Limited has informed that the Board of Directors has appointed Mr. Molla Golam Mohammad as Company Secretary (in-charge) of the company. Reported Earnings • Jan 28
First quarter 2023 earnings released: EPS: ৳1.54 (vs ৳3.46 in 1Q 2022) First quarter 2023 results: EPS: ৳1.54 (down from ৳3.46 in 1Q 2022). Revenue: ৳293.2m (down 27% from 1Q 2022). Net income: ৳10.2m (down 55% from 1Q 2022). Profit margin: 3.5% (down from 5.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Dec 29
National Tea Company Limited Approves Cash Dividend for the Year Ended June 30, 2022 National Tea Company Limited will be placed in 'B' category from existing 'A' category with effect from December 29, 2022 as the company has approved 7.50% cash dividend for the year ended June 30, 2022. Board Change • Nov 16
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). Independent Director Md. Shawkat Waresi was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 01
National Tea Company Limited Recommends Cash Dividend for the Year Ended June 30, 2022 National Tea Company Limited recommends cash dividend for the year ended June 30, 2022. The Board of Directors has recommended 7.50% cash dividend for the year ended June 30, 2022. Board Change • Apr 27
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). Independent Director Md. Shawkat Waresi was the last independent director to join the board, commencing their role in 2017. 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 • Nov 28
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: ৳3.46 (up from ৳2.11 in 1Q 2021). Revenue: ৳400.9m (up 11% from 1Q 2021). Net income: ৳22.8m (up 64% from 1Q 2021). Profit margin: 5.7% (up from 3.8% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Nov 17
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 24 November 2021. Payment date: 26 January 2022. Trailing yield: 0.2%. Lower than top quartile of Bangladeshi dividend payers (2.9%). Lower than average of industry peers (2.1%). Reported Earnings • Dec 30
First quarter 2021 earnings released: EPS ৳2.11 The company reported a soft first quarter result with weaker earnings and profit margins, although revenues were improved. First quarter 2021 results: Revenue: ৳362.7m (up 5.8% from 1Q 2020). Net income: ৳13.9m (down 73% from 1Q 2020). Profit margin: 3.8% (down from 15% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 103% 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. Is New 90 Day High Low • Nov 23
New 90-day low: ৳452 The company is down 12% from its price of ৳514 on 25 August 2020. The Bangladeshi market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is down 6.0% over the same period. Upcoming Dividend • Nov 12
Upcoming Dividend of ৳0.50 Per Share Will be paid on the 24th of January to those who are registered shareholders by the 19th of November. The trailing yield of 0.1% is below the top quartile of Bangladeshi dividend payers (3.8%), and is lower than industry peers (2.6%). Announcement • Nov 10
National Tea Company Limited to Report Q1, 2021 Results on Nov 11, 2020 National Tea Company Limited announced that they will report Q1, 2021 results on Nov 11, 2020 Announcement • Nov 09
National Tea Company Limited Appoints H. S. M. Ziaul Ahsan as Managing Director with Effect from October 28, 2020 National Tea Company Limited announced appointment of H. S. M. Ziaul Ahsan as Managing Director with effect from October 28, 2020. Is New 90 Day High Low • Oct 26
New 90-day low: ৳460 The company is down 2.0% from its price of ৳470 on 28 July 2020. The Bangladeshi market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is up 10.0% over the same period. Announcement • Jul 19
National Tea Company Limited to Report Q3, 2020 Results on Jul 16, 2020 National Tea Company Limited announced that they will report Q3, 2020 results on Jul 16, 2020