Khan Brothers posts 430% surge in H1 profit
Following the disclosure, shares of Khan Brothers closed at Tk49.70 on the Dhaka Stock Exchange.
Khan Brothers PP Woven Bag Industries Limited reported a sharp turnaround in financial performance in the first half of the current fiscal year, posting a 430% year-on-year jump in net profit, driven by strong revenue growth and improved operational efficiency.
According to the company's unaudited financial statements published on Wednesday (28 January), net profit for the July–December period of FY26 surged to Tk3.55 crore, compared to a modest base in the same period of the previous fiscal year.
Revenue during the six-month period rose 161% year-on-year to Tk13.74 crore, while earnings per share stood at Tk0.36.
In the October–December quarter, net profit jumped 359% to Tk1.88 crore, while revenue increased 164% to Tk7.33 crore, indicating sustained growth in the latter half of the reporting period.
Following the disclosure, shares of Khan Brothers closed at Tk49.70 on Wednesday on the Dhaka Stock Exchange.
Market analysts attribute the turnaround to strategic changes implemented in recent years. In December 2024, Beacon Group acquired shares from the previous board at a negotiated value and reconstituted the board by appointing two shareholder directors alongside one independent director. The move ensured a smooth management transition and stronger oversight, laying the foundation for operational improvements.
In August 2025, the company announced a shift in business strategy, deciding to begin direct sales in the local market in addition to continuing sub-contract manufacturing operations.
