Equity Note on Fortune Shoes Ltd.
Fortune Shoes Ltd. manufactures and exports all kind of leather shoes, footwear etc. It is a 100% export oriented company.The company is increasing its production capacity and utilization gradually since 2016. Total capacity will be increased to 4.05mn pairs from current level i.e. 3.50mn pairs. Again, interest income earned on FDR using IPO fund will be abolished in this year. Considering other concerns along with these, it will be challenging for the company to bring lucrative growth in revenue and other profitability margins.
EBL Securities PLC. (EBLSL) is one of the fastest growing full-service institutional brokerage companies in Bangladesh. On top of our expertise and achievements, we take pride in our strong commitment towards excellent client services and development of the Bangladesh capital markets.
EBLSL is a fully owned subsidiary of Eastern Bank PLC.(EBL), one of the leading private commercial banks of Bangladesh. EBLSL is one of the TOP-10 brokerage companies of Bangladesh.
We have unwavering faith in the potential of Bangladesh. We also believe that an efficient, vibrant and transparent capital market can strongly contribute to the overall development of Bangladesh. Bangladesh is currently at the initial stage of capital market growth, and we are committed to assist the entry of early movers into a growth-oriented, vibrant, nascent emerging market.
EBLSL has developed a disciplined approach towards providing capital market services. The foundation for our business is a strong commitment towards market experience & professionalism, investment knowledge, market intelligence and research services.
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