Apex Spinning and Knitting Mills Ltd.

Apex Spinning and Knitting Mills Ltd.

DDSE:APEXSPINN
405.80
BDT
-1.70
(-0.42%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Zahur Ahmed
Full Time Employees
5,639
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
Gulshan Bangladesh
IPO Date
May 30, 1994
Business
Apex Spinning and Knitting Mills Limited is a Bangladesh-based vertically integrated manufacturer and 100% export-oriented exporter of circular and warp-knit apparel and textiles. Founded in 1990 and headquartered in Dhaka, Bangladesh, the company operates as a key textile manufacturing arm of the Apex Group. The company manages a fully integrated manufacturing infrastructure at its Kaliakoir, Gazipur facility, spanning fabric knitting, dyeing, finishing, all-over printing, embroidery, cutting, sewing, and garment packaging. Its core product portfolio comprises knit garments, including infantswear, childrenswear, and womenswear, ranging from basic daily apparel to value-added garments such as rompers, bodysuits, sleepwear, t-shirts, dresses, and hooded sportswear; and knitted fabrics, including solid-dyed, yarn-dyed, and all-over printed fabrics made from 100% cotton, polyester, nylon, and elastane blends. In addition to garment fabrication, the company provides comprehensive apparel solutions, including in-house fashion and textile design; circular and warp knitting; reactive, disperse, acid, and pigment dyeing; placement printing and computerized embroidery; and international compliance testing. Apex Spinning and Knitting Mills caters primarily to major multinational fashion brands and retail chains across North America, the European Union, the United Kingdom, and Asia, serving key export destinations including the United States, Germany, the United Kingdom, Italy, Spain, Sweden, and Poland. In recent developments, the company has undertaken strategic capacity expansion and modernization initiatives, securing board approval and financing through HSBC Bangladesh to procure advanced fabric dyeing machinery from Nucleus Shanghai International Trade Limited to augment in-house processing efficiency and output at its Gazipur production plant. Operationally, the company has reinforced workforce stability and manufacturing continuity, successfully normalizing full-scale production at its core production facility following temporary operational adjustments.