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Beximco Faces Potentially Rough Ride In The Face Of Macroeconomic Headwinds

Revenue Grows But Profits Take A Hit At Bangladeshi Generics Firm

 
• By Chloe Kent

Following a year of impressive business developments, economic developments such as a depreciating local currency threaten to knock Beximco off-course.

Beximco logo
The war in Ukraine, supply chain disruptions and currency depreciation could spell a bad time for Beximco • Source: Shutterstock

Beximco managing director Nazmul Hassan has warned shareholders that headwinds including the war in Ukraine, supply chain disruptions and record depreciation of local currency are set to have an impact on the Bangladeshi company from Q1 onward, following the unveiling of its results for the 12-month period ended 30 June 2022.

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