Fortune Shoes Ltd.
DDSE:FORTUNE13.10
BDT
-0.10
(-0.76%)
ISIN
BD0637FRSL08
Return %
Stock
S&P 500
1Y
-3.68
14.20
3Y
-82.69
81.12
5Y
-86.05
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Roksana Rahman
- Full Time Employees
- 1,530
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- Barisal Bangladesh
- IPO Date
- Oct 20, 2016
- Website
- fortuneshoesbd.com
- Similar Companies
- Business
- Fortune Shoes Limited is a Bangladesh-based manufacturer and exporter of footwear products for men, women, and children. The company operates within the consumer cyclicals and tannery sector, focusing on the production, processing, and distribution of leather and synthetic footwear. Its core product portfolio comprises formal leather shoes; casual leather footwear; athletic shoes and sneakers; winter boots and booties; thermoplastic rubber (TPR) injection-molded shoes; polyurethane (PU) injection-molded shoes; canvas footwear; ethylene-vinyl acetate (EVA) and rubber outsoles; as well as footwear uppers, components, and accessories. Fortune Shoes Limited functions as a 100% export-oriented enterprise, distributing its products to international retail brands and commercial importers across key overseas markets, including Germany, Spain, the Netherlands, Sweden, Switzerland, Canada, and Taiwan. The enterprise maintains corporate relationships and operational alignments with sister concerns such as Premier Footwear Limited, Uniworld Footwear Technology Limited, and MJ Industries to support supply chain integration and auxiliary manufacturing. Established in March 2010 and publicly listed on the Dhaka Stock Exchange in 2016, the company is headquartered at the BSCIC Industrial Estate in Barishal, Bangladesh. In recent developments over the past one to two years, Fortune Shoes Limited has undergone strategic and administrative realignments to navigate shifting international consumer demand, export margin contractions, and raw material inflationary pressures. Operationally, the company has adjusted line capacity utilization and refined inventory management across its Barishal facilities. In addition, the organization has engaged in corporate governance and compliance adjustments following regulatory reviews and directives from the Bangladesh Securities and Exchange Commission regarding listing standards, dividend distributions, and financial oversight.