REG - Beximco Pharmaceut - Notification of Preliminary Results and AGM

Beximco PharmaceuticalsAnnouncement

28/10/2022 07:00

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RNS Number : 4126E  Beximco Pharmaceuticals Ltd  28 October 2022

28 October 2022

 

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version of the Market Abuse Regulation 596/2014 which is part of English Law
by virtue of the European (Withdrawal) Act 2018, as amended. On publication of
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considered to be in the public domain.

 

BEXIMCO PHARMACEUTICALS LIMITED

 

Notification of Preliminary Results and Annual General Meeting

 

Beximco Pharmaceuticals Limited ("Beximco Pharma", "BPL" or "the Company"; AIM
Symbol: BXP, LEI No.: 213800IMBBD6TIOQGB56), the fast-growing manufacturer of
generic pharmaceutical products and active pharmaceutical ingredients, today
announces information for shareholders of the Company that the Board of
Directors decided at their meeting held on 27 October 2022. Please see further
detail as follows:

 

 1.  To recommend the approval of the Financial Statements for the year ended 30  The Audited Financial Statements for the year ended 30 June 2022 have been
     June 2022                                                                    approved. The full accounts are expected to be announced by 8 November 2022
 2.  Date & Time of 46(th) Annual General Meeting ("AGM") of the Company for      22 December 2022 at 10.30 A.M.
     the year ended 30 June, 2022
 3.  Venue of AGM                                                                 Virtual Platform

 4.  Proposed Dividend for the year ended 30 June 2022                            35% Cash Dividend (i.e. Tk 3.5 per Share)
 5.  Record date                                                                  21 November 2022

 

 

Comparative Financial Disclosures:

 

 

Beximco Pharmaceuticals Limited (Stand-alone)

 

 Particulars                                 Year ended          Year ended

                                             30 June 2022        30 June 2021
 Net Profit after Tax                        Tk. 5,161,343,643   Tk. 4,943,488,736
 Earnings Per Share (EPS)                    Tk. 11.57           Tk. 11.08
 Net Asset Value (NAV)                       Tk. 40,315,738,301  Tk. 36,707,591,755
 Net Asset Value per share (NAVPS)           Tk. 90.37           Tk. 82.28
 Net Operating Cash Flow Per Share (NOCFPS)  Tk. 11.27           Tk. 12.59

 

 

Beximco Pharmaceuticals Limited and its Subsidiaries (Consolidated)

 

 Particulars                                 Year ended          Year ended

                                             30 June 2022        30 June 2021
 Net Profit after Tax                        Tk. 4,998,628,197   Tk. 5,165,749,732
 Earnings Per Share (EPS)                    Tk. 11.48           Tk. 11.49
 Net Asset Value (NAV)                       Tk. 40,600,497,817  Tk. 37,030,558,202
 Net Asset Value per share (NAVPS)           Tk. 91.01           Tk. 83.01
 Net Operating Cash Flow Per Share (NOCFPS)  Tk. 11.69           Tk. 13.50

 

 

For further information please visit www.beximcopharma.com
(http://www.beximcopharma.com/) or enquire to:

 

Beximco Pharma

 

Nazmul Hassan MP, Managing Director

Tel: +880 2 58611001, Ext.20080

 

S M Rabbur Reza, Chief Operating Officer

Tel: +880 2 58611001, Ext.20111

 

Mohammed Ali Nawaz, Chief Financial Officer

Tel: +880 2 58611001, ext.20030

 

Jamal Ahmed Choudhury, Director, Accounts & Finance

Tel: +880 2 58611001, ext.20022

 

SPARK Advisory Partners Limited (Nominated Adviser)

Mark Brady / Andrew Emmott

Tel: +44 (0) 20 3368 3551 / 3555

 

SP Angel Corporate Finance LLP (Broker)

Vadim Alexandre / Abigail Wayne

Tel: +44 (0) 20 3470 0470

 

FTI Consulting

Simon Conway / Victoria Foster Mitchell

Tel: +44 (0) 20 3727 1000

 

Notes to Editors

 

About Beximco Pharmaceuticals Limited

Beximco Pharma is a leading manufacturer and exporter of medicines based in
Bangladesh. Since its inception in 1976, the Company remains committed to
health and wellbeing of people across all the continents by providing access
to contemporary medicines. Company's broad portfolio of generics encompasses
diverse delivery systems such as tablets, capsules, liquids, semi-solids,
intravenous fluids, metered dose inhalers, dry powder inhalers, sterile
ophthalmic drops, insulins, prefilled syringes, injectables, nebuliser
solutions, oral soluble films etc. The Company also undertakes contract
manufacturing for multinational and leading global generic pharmaceutical
companies.

 

Beximco Pharma′s state-of-the-art manufacturing facilities are certified by
global regulatory authorities of USA, Europe, Australia, Canada, GCC and Latin
America, among others and it has a geographic footprint in more than 50
countries. More than 5,500 employees are driving the company towards achieving
its aspiration to be among the most admired companies in the world.

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