Square Textiles' profit rises 37% in Q2
It made Tk 24.83 crore in Oct-Dec of FY24, Tk 18.07 in the same period FY23
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It made Tk 24.83 crore in Oct-Dec of FY24, Tk 18.07 in the same period FY23
Bangladesh’s economy has been facing tough times of late as sustained high inflation, hike in interest rates and massive devaluation of the local currency continue to plague the country. In this series, we take a look back at how various industries fared amid the crisis in fiscal year 2022-23. Here, in the fourth instalment of the series, we placed listed export-oriented
Square Textiles PLC's profit falls 5.98 percent year-on-year to Tk 35.37 crore in the July-September period this year.
Square Pharmaceuticals PLC, the country’s biggest drug maker, has announced its plan to invest Tk 400 crore for expansion.
Textile and apparel industry in the country incurred losses, and many of them saw lower profits in the January-March quarter of the current fiscal owing to energy shortage, strong dollar and a slowdown in global market demand caused by the Russia-Ukraine war. The industry entrepreneurs said that the dollar shortage affected the local textile industry as most of them are not