Singer’s profits drop despite rising sales

Business Desk: Although Singer Bangladesh logged higher sales between July and September this year, the company still incurred losses in the quarter, according to a press release. Sales of the multinational electronic and home appliance company were 12.8 per cent higher at Tk 520 crore in the July-September quarter compared to the same period … Read more

Singer to invest Tk 680cr in new factory

Singer Bangladesh, a home appliance manufacturer and marketer, yesterday said it is going to invest Tk 680 crore to establish a new manufacturing facility to cater to the growing demand for home appliances.
Following the company’s disclosure, its shares closed 1.67 per cent higher at Tk 170 yesterday at the Dhaka Stock Exchange. Singer Bangladesh said its board approved a total budget of

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