Singer returns to profit in Q2 2026

Singer Bangladesh Limited returned to profitability in the second quarter of 2026, driven by improved operational efficiency and continued investment in local manufacturing despite a challenging business environment.

The company posted revenue of Tk 8.4 billion during the April-June quarter, up 3.4 percent from the same period a year earlier, according to a press release.

Tap Here to Add The Daily Star As A Trusted Source

Profit before tax stood at Tk 14.1 crore, compared with a loss of Tk 27.9 crore in the corresponding quarter of 2025, marking a significant turnaround.

The company attributed the improved performance to the resilience of its core business despite global geopolitical uncertainties, fuel price adjustments, seasonal market conditions and slower economic activity.

Singer Bangladesh said key financial indicators, including earnings per share and net operating cash flow per share, also improved during the quarter, although net asset value declined.

The company continued to strengthen its manufacturing base through its green factory at the Bangladesh Special Economic Zone (BSEZ), which spans more than 135,000 square metres and enables over 90 percent local manufacturing.

The facility is expected to strengthen domestic supply chains, reduce import dependence and improve production efficiency.

Singer Bangladesh has also begun exporting products from the facility and expects export volumes to increase further this year.

The company said it would continue to focus on product innovation, customer experience, local manufacturing and export expansion to support long-term growth and create sustainable value for customers, shareholders and the national economy.