Apex Footwear’s profit jumps over 31%

Apex Footwear Limited's profit jumped more than 31 per cent year-on-year in the financial year that ended on June 30, 2022.

The company reported earnings per share of Tk 11.70 in 2021-22, which was Tk 8.92 a year earlier.

Net asset value per share improved to Tk 252.95 from Tk 244.58 but the net operating cash flow per share fell to Tk 32.93 from Tk 145.24 a year earlier.

The board of directors recommended a 35 per cent cash and a 10 per cent stock dividend for 2021-22, according to a filing on the Dhaka Stock Exchange today.