In the first nine months of 2024, BAT Bangladesh demonstrated robust financial performance, generating an impressive Tk30,843 crore from cigarette sales. After government tax deductions, the company achieved a net revenue of Tk6,937 crore, showcasing its strong market presence. However, the net profit for this period was Tk1,322 crore, slightly down from Tk1,355 crore last year, indicating a minor impact from market fluctuations.
BAT Bangladesh made a healthy Tk8,503 crore in revenue during the July–September quarter alone, totalling Tk2,051 crore in net revenue. Despite a slight drop in net profit of Tk397 crore this quarter, the company’s overall performance shows how resilient it is in a difficult business. This result demonstrates BAT Bangladesh’s strategic orientation and flexibility in the face of changing market conditions.
Source: Markedium