Most listed companies saw their profits shrink in the January-March period of the current year as stubbornly high inflation pushed up business costs while weak consumer demand held back sales growth.

Walton has experienced a fall in profits in the January-March quarter of 2022 due to the crisis of raw material and higher shipping charges globally.

Islami Bank, the largest and most profitable bank in the country, has seen a significant fall in its half-yearly profit, only months after