Apex Footwear Limited announcements
295 Dhaka Stock Exchange announcements for Apex Footwear Limited (APEXFOOT) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2025 (21).
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has assigned the rating of the Company as "AA" in the long term and "ST-3" in the short term along with Stable outlook in consideration of its audited financials up to June 30, 2025 also unaudited financials up to September 30, 2025 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Dividend Disbursement
The Company has informed that it has credited the Bonus Shares for the year ended June 30, 2025 to the respective shareholders' BO Accounts.
- Qualified Opinion
The auditor of the company has given the "Qualified Opinion" in the Auditor's Report of the company for the year ended June 30, 2025. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2025/APEXFOOT_112025.pdf
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 1.59 for July-September 2025 as against Tk. 1.80 for July-September 2024; NOCFPS was Tk. 72.58 for July-September 2025 as against Tk. 39.20 for July-September 2024. NAV per share was Tk. 438.27 as on September 30, 2025 and Tk. 436.68 as on June 30, 2025. Reasons for variance in EPS, NOCFPS and NAV per share: (cont.1) (cont. news of APEXFOOT): The main reason behind the increase in NAVPS at the end of Q1 of 2025-26 FY compared with June 2025 end is due to the net impact of decrease in non-current assets Tk. 113.32 million, decrease in current assets Tk. 380.25 million, and decrease in non-current liabilities Tk. 363.97 million, decrease in current liabilities and provisions Tk. 154.59 million. (end) (cont. news of APEXFOOT): In Q1 of 2025-26 the NOCFPS Tk.72.58 which was Tk. 39.20 in Q1 of 2024-25: it is increased by Tk. 33.38. This increase was mainly due to increase in receipts from customers by almost 28.56% whereas payment against suppliers, employees and others has increased by 18.58% compared with the same period of last year. There is no significant impact on income tax payment during the period. (cont.3) (cont. news of APEXFOOT): During Q1 of 2025-26 the company's basic earnings per share decreased by Tk. 0.21 only compared to the same period of last year and the main reason behind this decrease in EPS for the increase in income tax expenses and provision, net income tax expenses and provision in Q1 of 2025-26 was 63.36% against profit before tax which was 41.98% same period of last year, tax provision against domestic sales increased by 40% for change in rate through Finance Act. (cont.2)
- Resumption after Record Date
Trading of the shares of the company will resume on 21.10.2025.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 25, 2025 at 5:00 PM to consider, among others, Un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2025.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 20.10.2025.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 16.10.2025 to 19.10.2025 and trading of the shares will remain suspended on record date i.e., 20.10.2025.
- Dividend Declaration
The Board of Directors has recommended 25% Cash and 25% Stock Dividend for the year ended June 30, 2025. Date of AGM: 26.11.2025, Time: 11:00 AM, Venue: Digital Platform. Record Date: 20.10.2025. The Company has also reported EPS of Tk. 8.62, NAV per share of Tk. 436.68 and NOCFPS of Tk. 56.48 for the year ended June 30, 2025 as against Tk. 11.22, Tk. 431.24 and Tk. 165.88 respectively for the year ended June 30, 2024. (cont.1) (Cont. News of APEXFOOT): or through reducing paid-up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (end) (Cont. News of APEXFOOT): Disclosure on recommendation of stock dividend: i. Stock dividend has been recommended in view to utilize its retained amount as paid-up capital for improving the capital adequacy of the Company. ii. Stock dividend has been declared out of accumulated profit. and iii. Stock dividend has not been declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company (cont.2)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.09.2025) following its corporate declaration.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on September 25, 2025 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2025.
- Transmission completion of Deceased Sponsor's shares to his nominees
The company has further informed that 1,150,495 shares of Late Mr. Syed Manzur Elahi has been transmitted to the account of his nominees i. Mr. Syed Nasim Manzur (Son) and ii. Ms. Munize Manzur (daughter) as per declaration disseminated by DSE on 05.05.2025.
- Transmission of Deceased Sponsor's shares to his nominees
Mr. Syed Manzur Elahi, one of the Sponsors and Founding Chairman of the company passed away on 12.03.2025. The company has informed that his total holding of 1,150,495 shares of the company will be transmitted to the account of his nominees i. Mr. Syed Nasim Manzur (Son), a Sponsor Director of the company and ii. Ms. Munize Manzur (daughter), a Director of the company, in equal proportions, with each receiving 50% of the shares. (cont.) (Cont. news of APEXFOOT): It is mentionable that upon receipt of the shares, Mr. Syed Nasim Manzur will hold a total of 1,656,040 shares, representing 10.53% of the company's total shares. This holding falls within the purview of BSEC (Ullekhzogyo Sonkhyok Share Orjon, Odhigrohon o Kortritto Grohon) Bidhimala, 2018. (end)
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.62 for January-March 2025 as against Tk. 1.04 for January-March 2024; EPS was Tk. 4.45 for July 2024-March 2025 as against Tk. 3.99 for July 2023-March 2024. NOCFPS was Tk. 176.18 for July 2024-March 2025 as against Tk. 83.16 for July 2023-March 2024. NAV per share was Tk. 432.51 as on March 31, 2025 and Tk. 431.24 as on June 30, 2024. (cont.1) (cont. news of APEXFOOT): Reasons for variance in NAV per Share: The main reason behind the increase in NAVPS at the end of Q3 of 2024-25 FY compared with June 2024 end is due to the net impact of decrease in non-current assets Tk. 304.76 million, decrease in current assets Tk. 588.38 million, and decrease in non-current liabilities Tk. 839.25 million, decrease in current liabilities and provisions Tk. 73.82 million. (end) (cont. news of APEXFOOT): During quarter under review, the income tax amount was Tk. 62.56 million more compared with LY same period. So, finally the EPS decreased during the quarter as against more income tax expenses compared to the same period last year. Reasons for variance in NOCFPS: The main reason behind the increase in NOCFPS during the 9 months' period of 2024-25 was the increase in receipts against export related collections & more cash receiving from Ramadan sales in domestic market. (cont.3) (cont. news of APEXFOOT): Reasons for variance in EPS: During Q3 of 2024-25 the company's net sales revenue increased by Tk. 1,449.34 million equivalent to 36.70% more compared with last year same period, while the profit before tax for the period was increased, our profit after tax decreased due to more income tax expenses during the quarter mainly for more deduction at source against increased export-related collection. (cont.2)
- Appointment of Chairman
The company has informed that the Board of Directors has appointed Mr. Golam Mainuddin as the Chairman of the Board of Directors of the company with effect from April 23, 2025.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 23, 2025 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2025.
- Buy Confirmation of a Sponsor Director
Mr. Syed Manzur Elahi, one of the Sponsor Directors of the Company, has completed his purchase of 50,000 shares of the company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 22.01.2025.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 2.03 for October-December 2024 as against Tk. 1.53 for October-December 2023; EPS was Tk. 3.83 for July-December 2024 as against Tk. 2.95 for July-December 2023. NOCFPS was Tk. 71.34 for July-December 2024 as against Tk. 82.92 for July-December 2023. NAV per share was Tk. 431.89 as on December 31, 2024 and Tk. 431.24 as on June 30, 2024. Reasons for variance in EPS, NOCFPS and NAV per share: (cont.1) (Cont. news of APEXFOOT): increased direct labor costs and utilities. The main reason behind the increase in NAVPS at the end of Q2 of 2024-25 FY compared with June 2024 end is due to the net impact of increase in current assets Tk. 308.78 million, decrease in non-current assets Tk. 267.98 million, and decrease in non-current liabilities Tk. 470.36 million, increase in current liabilities and provisions Tk. 500.92 million. (end) (Cont. news of APEXFOOT): During Q2 of 2024-25 the company's earnings per share increased mainly for reduction in operating expenses which was Tk. 817.13 million compared with the last year same period Tk. 872.76 million. The main reason behind the decrease in NOCFPS during the 6 months' period of 2024-25 was the payments to suppliers, employees and others were increased in cost of goods sold (COGS) part mainly for cost increase in materials procurement, (cont.2)
- Buy Declaration of a Sponsor Director
Mr. Syed Manzur Elahi, one of the Sponsor Directors of the Company, has expressed his intention to buy 50,000 shares of the company at prevailing market price (in the Public Market) through Dhaka Stock Exchange PLC. within next 30 working days.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on January 26, 2025 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2024 to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.