Some companies are really illiquid in Frontier martkets! That does not mean they do not deliver. Last year, for example, sales of Bata Shoe Company (Bangladesh) Limited posted an impressive 118 per cent growth. Indeed the company is one of the largest tax-paying corporate bodies in the country contributing Taka 979 million to the taxman.
The company has a production capacity of 110,000 pairs of shoes daily, it also has a modem tannery facility with an output of 5.00 million square feet of leather annually. The annual shoe sales currently stands at slightly more than 30 million pairs with a turnover of Taka 4.69 billion.
For the environmentally conscious, we have found that Bata has a firm commitment to eco-friendly business and has invested in its own effluent treatment plant.
On the retail side, outlets are focused on segments such as Bata City Stores, Bata Bazar, Bata Super Stores and Bata Family Stores. The company has a network of 238 retail outlets located strategically in different parts of the Bangladesh.