Singer Bangladesh posts revenue growth amid major investments
Singer Bangladesh Ltd , a subsidiary of Beko, the flagship brand of Koç Holding, has undertaken a series of transformations over the past few years to enhance consumer experience in Bangladesh and reaffirm its commitment to operational excellence.
The company's recent transformation initiatives include the establishment of a state-of-the-art manufacturing plant, a concept store and a modern workplace aligned with its renewed corporate vision. Singer Bangladesh has also entered the European export market and launched its first in-house air conditioner production line.
Despite recent socio-economic challenges, Singer Bangladesh recorded a 14.3 per cent increase in revenue and a Tk214 million rise in gross profit in 2025.
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The company said its recent financial pressures stem from substantial investments made over the past few years, which are aimed at ensuring long-term growth and sustainability rather than short-term gains. These investments, the company added, are expected to contribute not only to business expansion but also to broader socio-economic development in Bangladesh.
A major milestone was achieved with the inauguration of Singer Bangladesh's home appliances manufacturing plant at the Bangladesh Special Economic Zone in early 2025. Built with an investment of $78 million, the facility represents a significant commitment to innovation, sustainability and employment generation, with the capacity to create up to 4,000 jobs.
The plant has already commenced production of refrigerators, televisions, air conditioners, washing machines and other major home appliances for the domestic market. With more than 90 per cent of products manufactured locally, the facility is expected to substantially reduce import dependence.
Singer Bangladesh has also completed its first export shipment of wire harness components from the new manufacturing plant, marking a notable development for both the company and Bangladesh's manufacturing and export landscape.
The company said its recent investments are strategically designed to address the evolving demands of diverse markets, deliver sustainable growth and create long-term value for industries and communities.
