Friday, May 24, 2024

Walton sees Tk 566cr sales drop in six months

Business Desk : Walton Hi-Tech Industries PLC, the largest electrical, electronics and home appliance manufacturer in Bangladesh, posted lower sales and profits in the first half of the current financial year due to higher inflation and the dearer US dollar amid the ongoing global economic crisis. The sales dropped by Tk 566 crore, or ... Read more

Walton records drop in profits

Profits of Walton fell in the January-March period of 2022 due to a hike in global raw material prices and higher shipping charges. The company’s earnings per share (EPS) dropped to Tk 12.34 in the third quarter of 2021-22 while it was Tk 12.92 in the same period of