The Econo ball pen manufacturer has officially returned to profitability after a nine-year hiatus. The company previously recorded a profit of Tk1.55 crore back in 2016. Following the announcement of this financial turnaround, the company's share price experienced a significant increase of 6.65% in the stock market.
Economy
Econo ball pen maker returns to profit after 9 years, shares jump 6.65%
After nine years of losses, the Econo ball pen manufacturer has returned to profitability, leading to a 6.65% surge in its share price.
Source: The Business Standard