Beximco Sees Profit Jump By A Sixth

Double-Digit Domestic And Export Growth Powers Performance

Bangladesh’s biggest pharmaceutical company, Beximco Pharmaceuticals, has posted a 16.7% jump in after-tax profit in its financial first half, powered by double-digit domestic and export revenue growth.

Growth - Profit
Beximco has achieved 16.7% growth in first-half profits • Source: Shutterstock

It has been another good financial first-half for Beximco Pharmaceuticals, the fast-growing Bangladeshi generics manufacturer, which at the start of its current financial year ending June 2020 added a fifth offering to its product range in the key US market as it pursues its aim of being a major global player.

Dhaka-based Beximco Pharma reported profit after tax that soared by 16.7% to BDT1.735bn ($20.4m) in its financial first-half ended December...

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