Unilever Consumer Care, a subsidiary of Unilever Bangladesh Limited, logged profits in January-March of 2024 even though it posted 13 percent lower sales amid subdued consumption caused by lingering higher inflation.
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Unilever Consumer Care Limited (UCCL), the manufacturer of Horlicks in Bangladesh, said it generated a 25 percent year-on-year higher profit in the three quarters to September even though revenue dropped.
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Profits of Unilever Consumer Care, formerly GlaxoSmithKline Bangladesh, dropped marginally in 2021 compared to the previous year due to the lower income from bank deposits.