Board Change • 6h
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. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Director Md. Hossain 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. Duyuru • Oct 29
Dhaka Stock Exchange Team Visits Pacific Denims Limited Factory and Finds It Closed Pacific Denims Limited announced that a team of Dhaka Stock Exchange PLC. (DSE) visited the factory premises of Pacific Denims Limited on October 22, 2025 to inspect its current operational status and found it closed. New Risk • Oct 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ৳1.16b (US$9.68m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 57% per year over the past 5 years. Market cap is less than US$10m (৳1.16b market cap, or US$9.68m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin). New Risk • Oct 02
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (৳1.45b market cap, or US$12.1m). Board Change • Sep 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. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Director Md. Hossain 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. Duyuru • Jun 11
Pacific Denims Limited Announces Closure of Production of the Factory Pacific Denims Limited announced that the production of the factory had to be completely stopped due to the gas supply being cut off without notice in the area of the factory from April 28, 2024 to till now. They have also mentioned that they are fully dependent on gas based captive power. Duyuru • Apr 28
Pacific Denims Limited to Report Q3, 2024 Results on Apr 30, 2024 Pacific Denims Limited announced that they will report Q3, 2024 results on Apr 30, 2024 Reported Earnings • Jan 31
Second quarter 2024 earnings released: EPS: ৳0.02 (vs ৳0.05 in 2Q 2023) Second quarter 2024 results: EPS: ৳0.02 (down from ৳0.05 in 2Q 2023). Revenue: ৳295.0m (down 19% from 2Q 2023). Net income: ৳2.79m (down 66% from 2Q 2023). Profit margin: 0.9% (down from 2.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Duyuru • Jan 26
Pacific Denims Limited to Report Q2, 2024 Results on Jan 30, 2024 Pacific Denims Limited announced that they will report Q2, 2024 results on Jan 30, 2024 New Risk • Nov 27
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 6.7% 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 Risk 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 2023 fiscal period end). Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (৳2.40b market cap, or US$21.8m). New Risk • Nov 25
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 Risk 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 2023 fiscal period end). Market cap is less than US$100m (৳2.72b market cap, or US$24.7m). Upcoming Dividend • Nov 15
Upcoming dividend of ৳0.10 per share at 0.9% yield Eligible shareholders must have bought the stock before 22 November 2023. Payment date: 30 January 2024. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Bangladeshi dividend payers (3.3%). Lower than average of industry peers (2.7%). Duyuru • Nov 13
Pacific Denims Limited to Report Q1, 2024 Results on Nov 14, 2023 Pacific Denims Limited announced that they will report Q1, 2024 results on Nov 14, 2023 Duyuru • Oct 31
Pacific Denims Limited Recommends Cash Dividend for the Year Ended June 30, 2023 Pacific Denims Limited recommended 1% cash dividend (except Director and Sponsor Shareholders) for the year ended June 30, 2023. The Sponsors/Directors hold 55,286,298 shares. Cash dividend payable to general shareholders who hold 128,263,845 shares is BDT. 12,826,385.00. Date of AGM: 31 December 2023, Time: 11:00 AM, Venue: Digital Platform, Record Date: 21 November 2023. (cont.). Duyuru • Oct 20
Pacific Denims Limited to Report Fiscal Year 2023 Results on Oct 26, 2023 Pacific Denims Limited announced that they will report fiscal year 2023 results on Oct 26, 2023 Reported Earnings • May 11
Third quarter 2023 earnings released: EPS: ৳0.04 (vs ৳0.08 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.04 (down from ৳0.08 in 3Q 2022). Revenue: ৳358.8m (down 11% from 3Q 2022). Net income: ৳6.50m (down 53% from 3Q 2022). Profit margin: 1.8% (down from 3.4% in 3Q 2022). The decrease in margin was driven by lower revenue. Reported Earnings • Feb 02
Second quarter 2023 earnings released: EPS: ৳0.05 (vs ৳0.11 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.05 (down from ৳0.11 in 2Q 2022). Revenue: ৳366.2m (down 9.8% from 2Q 2022). Net income: ৳8.28m (down 57% from 2Q 2022). Profit margin: 2.3% (down from 4.7% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Nov 16
Upcoming dividend of ৳0.10 per share Eligible shareholders must have bought the stock before 21 November 2022. Payment date: 29 January 2023. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 0.9%. 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 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 Md. 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 • May 29
Third quarter 2021 earnings released: EPS: ৳0.09 (vs ৳0.099 in 3Q 2020) Third quarter 2021 results: EPS: ৳0.09 (down from ৳0.099 in 3Q 2020). Revenue: ৳419.5m (down 21% from 3Q 2020). Net income: ৳17.4m (flat on 3Q 2020). Profit margin: 4.2% (up from 3.3% in 3Q 2020). The increase in margin was driven by lower expenses. 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. 4 non-independent directors. Independent Director Md. 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. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improved over the past week After last week's 19% share price gain to ৳14.10, the stock trades at a trailing P/E ratio of 60.6x. Average trailing P/E is 25x in the Luxury industry in Bangladesh. Total returns to shareholders of 7.2% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ৳11.50, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 55x in the Luxury industry in Bangladesh. Total loss to shareholders of 3.9% over the past three years. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improved over the past week After last week's 22% share price gain to ৳18.10, the stock trades at a trailing P/E ratio of 77.1x. Average trailing P/E is 59x in the Luxury industry in Bangladesh. Total returns to shareholders of 61% over the past three years. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 16% share price gain to ৳15.50, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 53x in the Luxury industry in Bangladesh. Total loss to shareholders of 1.1% over the past three years. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improved over the past week After last week's 21% share price gain to ৳12.10, the stock trades at a trailing P/E ratio of 51.3x. Average trailing P/E is 42x in the Luxury industry in Bangladesh. Total returns to shareholders of 3.6% over the past three years. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improved over the past week After last week's 17% share price gain to ৳9.60, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 28x in the Luxury industry in Bangladesh. Total loss to shareholders of 21% over the past three years. Reported Earnings • Feb 20
Second quarter 2021 earnings released: EPS ৳0.14 (vs ৳0.22 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ৳431.9m (down 24% from 2Q 2020). Net income: ৳24.7m (down 43% from 2Q 2020). Profit margin: 5.7% (down from 7.6% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% 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 • Jan 14
New 90-day high: ৳9.80 The company is up 2.0% from its price of ৳9.64 on 15 October 2020. The Bangladeshi market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is flat over the same period. Is New 90 Day High Low • Oct 07
New 90-day high: ৳10.90 The company is up 28% from its price of ৳8.50 on 09 July 2020. The Bangladeshi market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 20% over the same period. Duyuru • Jul 07
Pacific Denims Limited to Report Q3, 2020 Results on Jun 22, 2020 Pacific Denims Limited announced that they will report Q3, 2020 results on Jun 22, 2020 
