Apex Tannery has experienced a significant financial downturn in the first quarter of the fiscal year, with revenue plummeting by 85%. Consequently, the company's loss per share has more than doubled, increasing to Tk10.74 from Tk4.98 recorded in the same period of the previous fiscal year.
Economy
Apex Tannery Q1 losses surge as revenue drops by 85%
Apex Tannery reported an 85% decline in revenue for the first quarter, with losses per share rising to Tk10.74.
Source: The Business Standard