In the first half of FY 2023–24, Apex Foods Limited faced a 23% decline in revenue, reporting an income of Tk 111.93 crore compared to Tk 145.28 crore in the same period of FY 2022–23. The net profit after tax also witnessed a corresponding decrease, dropping from Tk 2.03 crore to Tk 1.79 crore. The earnings per share (EPS) for the period stood at Tk 3.15, down from Tk 3.57 in the previous year.
Despite the challenging performance, the company declared a 20% cash dividend for the financial year ending in 2023. The overall financial health is reflected in the net asset value per share (NAVPS), which was Tk 130.17 at the end of December 31. Apex Foods’ financial report for the fiscal year indicates an EPS of Tk 8.91, contrasting with Tk 5.14 in the previous accounting year.