Beximco Grows At Home And Abroad

Company Focused On ‘Expanding Portfolio And Consolidating International Presence’

Bangladeshi generics manufacturer Beximco has reported 12.3% annual sales growth for its 2020 financial year and 9.9% turnover growth for its financial first quarter ending 30 September 2020. The company remains focused on expanding its portfolio and consolidating its international presence.

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Bangladesh's Beximco has reported double-digit annual revenue growth • Source: Shutterstock

Beximco Pharmaceutical saw a 12.3% jump in sales to BDT25.6bn ($302m) for its financial year ended 30 June 2020, up from BDT22.8bn reported in 2019. While the Dhaka-based company saw double-digit growth in domestic sales on the back of new launches in the home market, it also expanded its international presence by increasing its export sales and entering new markets. Operating profit was up by more than a tenth to BDT5.6bn.

Nazmul Hassan, managing director at Beximco commented that “despite facing unprecedented operational and logistical challenges as a direct result of...

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