BATBC goes for new investment

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BATBC goes for new investment

British American Tobacco Company Limited (BAT Bangladesh), a listed food and accessory sector company, is going for new investment. The company will invest another 282.8 million taka in its factory. This investment will be made to increase production capacity.

This decision was taken at the company’s board of directors meeting held on Tuesday (December 24). This information was revealed by company sources.

According to sources, the discussed investment will be financed from own funds.

As a result of the discussed investment, the productivity and productivity of the company will increase from the present. However, the company has not released any detailed information about how much this production capacity will increase, as a result of which the company’s total product sales and profits will be affected.

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