Written by The Banking Post
Walton Hi-Tech Industries PLC has entered into a six-year global distributorship agreement with Barbados-based Bargain Warehouse Inc, marking a strategic move to expand its international footprint. Under the deal, Bargain Warehouse will market, sell, and distribute 13 Walton products across 16 territories, according to a disclosure posted on the Dhaka Stock Exchange (DSE) website.
The agreement reflects Walton’s continued push to strengthen its presence in overseas markets and diversify its revenue streams beyond Bangladesh, where it remains a dominant player in the electronics manufacturing sector.
Despite the international momentum, Walton reported a dip in profitability for the January–March quarter of FY 2024–25. Net profit stood at approximately Tk 392 crore, down from Tk 422 crore in the same period the previous year.
As of June 30, 2025, the company’s shareholding structure remained largely unchanged, with sponsors and directors holding 61.09 percent, institutional investors 0.60 percent, foreign investors 0.09 percent, and the general public 38.22 percent, according to DSE data.
Founded in 1977, Walton began manufacturing operations in 2008, initially focusing on refrigerators, freezers, air conditioners, and compressors. Over time, the company expanded into televisions, home appliances, and electrical products, positioning itself as one of Bangladesh’s leading electronics brands.
