Due to cost-cutting measures and effective operations, Apex Foods Limited saw a profit increase of approximately 200 percent from July to September.
In the first quarter of 2022, the food company achieved a profit of Tk 1.14 crore as opposed to Tk 38.21 lakh during the same time in the previous year.
According to the unaudited financial accounts, the company declared earnings per share (EPS) of Tk 2 in July–September as opposed to Tk 0.67 in the same quarter of 2021.
According to a report made by Apex Food on the Dhaka Stock Exchange today, the EPS increased dramatically as a result of the company’s effective operations and cost-cutting measures.
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