Wednesday, February 21, 2024

Newsweek report praises Walton

Business Desk : US weekly magazine Newsweek appreciates Bangladesh’s electric and electronics conglomerate Walton for its growing role in the economic growth and development of the country. The magazine highlighted the country’s development in their recent report, where it mentioned Walton is the corporate pride of Bangladesh whose spectacular growth runs parallel to that ... 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

Walton logs record Tk 127cr sales in March

Walton Hi-Tech Industries recently announced selling about Tk 127 crore worth electrical appliances of its Walton, Marcel and Safe brands in March, which the company said was its highest ever for a single month. Walton earlier registered a 52 per cent sales growth in electrical appliances including elevators, fans, LED lights, switches and sockets in fiscal ... Read more

Walton wins bids to buy European brands

Walton Hi-Tech Industries PLC said today it has won the tender to procure more than 50 years long-established European brands ACC, Zanussi Elettromeccanica (ZEM) and Verdichter (VOE) from Italia Wanbao-ACC. It will also buy a fully automated inverter and non-inverter compatible compressor line with a capacity of 3.2 million units per year, according to a regulatory ... Read more

Walton starts exporting microwave ovens to Europe

The Bangladeshi electronics company Walton has started microwave oven export to Romania and Hungary. Tahmina Afrose Tanna, director of Walton Hi-Tech Industries Limited, officially inaugurated the microwave oven exports through cutting a giant cake at Walton’s corporate office in Dhaka on Monday. Two renowned electronics and home appliance marketing

Walton signs NCL franchise agreement

Walton, a sister concern of RB Group, signed an agreement with the Bangladesh Cricket Board on Sunday to become the franchise owner of Dhaka division in the forthcoming National Cricket League. BCB director and tournament committee chairman Gazi Ashraf Hossain and executive director of PR and media of Walton Hi-Tech Industries Limited Humayun Kabir signed ... Read more

Walton Android phone to hit market soon

Walton Android Primo, the first of its kind in Walton’s smart phone series, is likely to hit market in Dhaka soon, said a news release. The new smartphone is coming to the market with the slogan, ‘Get Android Primo-Be Entertained.’ Equipped with all third generation (3G) features, this smartphone set will be very

Walton plans to export fridges to Europe, America

Walton Hi-Tech Industries Limited, a local Bangladeshi company, is setting up a new factory at Gazipur to manufacture and export refrigerators to the markets in Europe and North America. Officials of the company told reporters at a briefing on Monday that encouraged by the demand for Walton fridges in the home market and in neighbouring ... Read more

Kanchan made Ocean, Rotary brand ambassador

Actor Ilias Kanchan has become brand ambassador for Ocean Group and Rotary Group. Kanchan, who has been the brand ambassador of Walton for the last five years, will be brand ambassador of Ocean Group for two-years and Rotary Group for one year. Part of his brand ambassador activities Ilias Kanchan will be working to raise ... Read more