According to Bangladesh’s “Daily Star” report on November 17, the net profits of 36 listed garment manufacturing companies continued to decline. Garment manufacturers said that increased production costs, overcapacity, competition from local and foreign manufacturers, and exchange rate changes were the main reasons for the decline in profits.
Net profits of listed Bangladeshi garment manufacturing companies continue to decline
According to Bangladesh’s “Daily Star” report on November 17, the net profits of 36 listed garment manufacturing companies continued to decline. Garment manufacturers said that increased produ…
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