Performenced Analysis of Apex Footware Bangladesh
FINANCIAL PERFORMANCE ANALYSIS OF APEX ADELCHI FOOTWEAR LTD
CHAPTER ONE
Introduction Part
1
FINANCIAL PERFORMANCE ANALYSIS OF APEX ADELCHI FOOTWEAR LTD
1.1
Introduction:
In 1990, Mr. Syed Manzur Elahi, the chairman of Apex group started a new venture known as
Apex Footwear. (Nasiruddin) In 2006, Apex Footwear Limited collaborated with Adelchi- an
Italian company and changed the name to Apex Adelchi Footwear Limited (AAFL), initiating a joint venture with a new business spirit. (Nasiruddin) Apex Adelchi Footwear Limited is a leading manufacturer and exporter of leather footwear from Bangladesh to major shoe retailers in
Western Europe, North America and Japan. (apexadelchi.com, 2010)AAFL pioneered the export of value added finished products in the leather sector of Bangladesh and is also involved in the local footwear retail business with the second largest shoe retail network in
the country.
(apexadelchi.com, 2010)AAFL has equity, technical and marketing participation from La Nuova
Adelchi one of the largest footwear manufacturers of Italy. (apexadelchi.com, 2010)Public listed and traded since 1993, AAFL is professionally managed, currently employees more than 6800 persons and is in full compliance with Corporate Governance Compliance Report under section
2CC of Securities Exchange Commission Notification Order. (apexadelchi.com, 2010)
1.2 Origin of the Report:
To expand the practical knowledge by implementing theoretical knowledge through the internship program that would make a student to become a competitive with the outside world. That program not only increases the knowledge but also give the idea about organizational activities before entering into an organization. BRAC University is one of the reputed private university in
Bangladesh, has designed the curriculum of BBA course such way that international graduates will be produced. After competing 126 credits, one student need to go for further 4 credit internship
CHAPTER ONE
Introduction Part
1
FINANCIAL PERFORMANCE ANALYSIS OF APEX ADELCHI FOOTWEAR LTD
1.1
Introduction:
In 1990, Mr. Syed Manzur Elahi, the chairman of Apex group started a new venture known as
Apex Footwear. (Nasiruddin) In 2006, Apex Footwear Limited collaborated with Adelchi- an
Italian company and changed the name to Apex Adelchi Footwear Limited (AAFL), initiating a joint venture with a new business spirit. (Nasiruddin) Apex Adelchi Footwear Limited is a leading manufacturer and exporter of leather footwear from Bangladesh to major shoe retailers in
Western Europe, North America and Japan. (apexadelchi.com, 2010)AAFL pioneered the export of value added finished products in the leather sector of Bangladesh and is also involved in the local footwear retail business with the second largest shoe retail network in
the country.
(apexadelchi.com, 2010)AAFL has equity, technical and marketing participation from La Nuova
Adelchi one of the largest footwear manufacturers of Italy. (apexadelchi.com, 2010)Public listed and traded since 1993, AAFL is professionally managed, currently employees more than 6800 persons and is in full compliance with Corporate Governance Compliance Report under section
2CC of Securities Exchange Commission Notification Order. (apexadelchi.com, 2010)
1.2 Origin of the Report:
To expand the practical knowledge by implementing theoretical knowledge through the internship program that would make a student to become a competitive with the outside world. That program not only increases the knowledge but also give the idea about organizational activities before entering into an organization. BRAC University is one of the reputed private university in
Bangladesh, has designed the curriculum of BBA course such way that international graduates will be produced. After competing 126 credits, one student need to go for further 4 credit internship
References: Annual Report (2006-2009) of AAFL Annual Report (2009) of Jennys Ltd Annual Report (2009) of Landmark Footwear Ltd Asekur Rahman, MIS Executive of AAFL, head office, Gulshan-1, Dhaka