The fast-moving consumer goods (FMCG) market in Bangladesh has now surpassed Tk30,000 crore. The annual growth is about seven to eight percent. With rapid urbanisation and increasing income, there is a lot of potential for this market in Bangladesh.
Sonali Paper and Board Mills is witnessing an inexplicable rise in its share value and as a result, the company’s stocks are trading at an abnormal level, according to analysts.
This year, the company is expecting a direct engagement with over 600 students in the first round of its flagship business case competition “BizMaestros”
Horlicks raises awareness on breastfeeding : Dhaka Mirror dhakamirror.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dhakamirror.com Daily Mail and Mail on Sunday newspapers.
Star Business Report
Thu Jul 29, 2021 12:00 AM
Despite higher sales, profits of Unilever Consumer Care, formerly known as GlaxoSmithKline, dropped in the April-June period of 2021 as duty on raw materials rose and bank interest income fell.
The multinational company s sales rose 8 per cent to Tk 89.58 crore in the second quarter of the year. However, its profits were down 26 per cent to Tk 10 crore from Tk 13.7 crore year-on-year.
Unilever is one of the world s leading consumer goods companies, making and selling nutrition, hygiene and personal care products under around 400 brands in more than 190 countries.
In the half yearly, its sales increased 11 per cent to Tk 20 crore. However, profits dropped 29 per cent to Tk 22.38 crore.