1. Company Profile
Apex tanneries has been setting standard in Bangladesh leather export industry since 1976.equiped with the state of the art Italian modern machinery and maintaining high quality strictness. Through the years its production has been progressively entailing a constant expansion of building and machinery .Annual production exceeds 23 million square meters and company sales turnover amount to over US $30 million , thus creating a exemplary model for corporate development in the tannery sector. This growth is a result of precise strategic decision and constant improvement in the service of its customers, which ha s lad to its presence in the global arena playing an attractive role in the major lather markets of the world.
2. Mission of the organization
Excellence in leather Manufacture is mainstay of Apex tanneries Ltd. Bringing the excellence in leather manufacturing is the mission of the Apex Tanneries Ltd. Apex has been contributing for the last two decades in building a robust national economy through its continuous effort both in share market and in tannery industry.
1.3Main Products of Apex Tannery
Apex tannery specialized in cow full chrome, cow semi chrome, cow vegetable, goat full chrome, goat semi chrome and various types of leather for shoe and leather goods.
In finishing Apex tannery specialized in natural looking aniline and semi aniline finish with good look and good touch following the latest market trends.
1.4. Concept of corporation Dividend Policy:
In simple words Dividend means a portion of shareholders earnings, which is distributed among the shareholders of the corporation. In other words, dividend policy determines the division of earning between payment to shareholders and retained earnings.
Retained earnings are one of the most important sources of internal funds for meeting the financial needs of the company for