Apex tannery disappoints
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Three companies from the Apex Group listed on the stock market have announced dividends. However, Apex Tannery has disappointed investors. Due to significant losses, the company’s board of directors has decided not to pay any dividends to shareholders for the 2025 to 2026 fiscal year. The company’s loss per share also increased during the fiscal year.
The information was disclosed in the company’s published price sensitive information (PSI).
Apex Tannery reported a loss of Tk 20.55 per share in the 2025 to 2026 fiscal year. The loss was Tk 14.62 per share in the previous fiscal year. This means the loss per share increased by Tk 5.93 in one year.
The company’s decision to declare a “no dividend,” along with other matters on the agenda, will be placed before shareholders for approval at the annual general meeting (AGM) scheduled for December 30. The record date has been set for November 10.
Apex Foods: The company’s board of directors has announced a 20 percent cash dividend for shareholders for the 2025 to 2026 fiscal year. The company’s earnings per share (EPS) stood at Tk 14.21 during the fiscal year.
Apex Spinning: The company’s board of directors has announced a 20 percent cash dividend for the 2025 to 2026 fiscal year. Its EPS stood at Tk 3.38 during the period.
Apex Footwear: The company’s board of directors has announced a 15 percent cash dividend and a 15 percent stock dividend for the 2025 to 2026 fiscal year. The company’s EPS stood at Tk 7.91 during the fiscal year.
