High-End Electronics Demand Falls Amid Inflation

Walton secured orders worth Tk 350 crore from local and international companies during the "Advanced Technology Solution (ATS) Expo 2024," Bangladesh's premier industrial expo, held at the International Convention City Bashundhara in Purbachal.

On November 24, 2024, Walton Hi-Tech Industries PLC and City Bank PLC signed a green banking agreement to offer a range of preferential banking services to Walton’s employees. The agreement, signed at Walton's corporate office, includes services such as payroll receipt, debit and credit card facilities, and personal, car, or home loan options.

Gree Global, a leading multinational electronics and appliance company, plans to invest $5 billion in Bangladesh within the next two to three years, announced the assistant president during a press conference on November 23, 2024. Having already invested Tk 2 billion, Gree considers Bangladesh a key strategic market.

Walton Hi-Tech Industries PLC, a listed electronics company, has successfully distributed dividends for the financial year 2023-24. The company paid dividends to shareholders via the Bangladesh Electronic Fund Transfer Network (BEFTN) and bank transfers.

Global electronics giant Walton has secured the prestigious Gold Award from the South Asian Federation of Accountants (SAFA) for the third time for its Best Presented Annual Reports 2023. Walton Hi-Tech Industries PLC earned the Joint Gold Award in the manufacturing category, showcasing its excellence in financial reporting.

Walton Hi-Tech Industries has entered into a memorandum of understanding (MoU) with Sri Lanka's Monik Trading Private Ltd to jointly develop brands and expand their market presence. The MoU, disclosed on November 18 on the Dhaka Stock Exchange (DSE), establishes a framework for collaboration between the two companies.