Friday, March 29, 2024

Apex sees higher profits despite lower sales

Profits of Apex Footwear rose in the first half of the current financial year (FY) compared to the same period in FY 2020-21 despite a drop in net sales. The shoemaker logged sales of about Tk 566 crore in the July-December period of FY 2021-22, down 13 per cent year-on-year from Tk 652 crore