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The company posted 46 per cent year-on-year revenue growth to Tk 795 crore in the first half of the financial year. The cost of sales rose 33 per cent.

Many local spinning mills have either expanded their production capacity or made new investments as international orders for garment items produced in Bangladesh surged in keeping with the recovery of the global supply chain from the severe fallouts of Covid-19.

With the rise in demand from garment manufacturers and exporters, the price of yarn and fabrics rose 60 per cent in September.