Apex Tannery Limited.
DDSE:APEXTANRY74.00
BDT
+0.30
(+0.41%)
Apex Tannery Limited.
DSE:APEXTANRY
(Dhaka Stock Exchange)
Recent
price
74.00
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Apex Tannery Limited is a Bangladesh-based export-oriented leather processing company engaged in manufacturing, finishing, and exporting crust and finished leather for the global footwear, leather goods, and upholstery industries. Founded in 1976 and headquartered in Savar, Dhaka, Bangladesh, the company operates advanced tanning and finishing facilities at the BSCIC Tannery Industrial Estate. The company offers a comprehensive portfolio of leather products, including bovine and caprine crust leather; full-grain and top-grain finished leather; softy, milled, and nappa leather; oil pull-up and waxy leather; burnished, glazed, and polished leather; split, suede, and nubuck leather; embossed leather featuring exotic and geometric grains; water-resistant and waterproof technical leather; and specialized footwear upper and lining leather. Apex Tannery Limited operates on a business-to-business model, supplying international brands and manufacturers across global markets, including Italy, Germany, Spain, China, Japan, Hong Kong, South Korea, India, and the United States. In recent developments, the company has adapted its operational and commercial strategies to navigate shifting global demand patterns, entering into commercial sales and supply agreements with affiliated footwear exporters, including FB Footwear Limited, Footbed Footwear Limited, and Nuovo Shoes (BD) Limited, to secure captive order volumes and stabilize revenue channels. Furthermore, the company has undertaken operational realignments and stringent cost-management initiatives at its Savar manufacturing facility to address rising financial overheads and enhance adherence to international environmental and supply chain standards.