Shwapno records profit of Tk13 crore in FY 2022-23

In the financial year 2022-23, 'Shwapno,' one of the country's largest retail chain shops, has reported a operating profit of Tk13 crore.

This marks a substantial increase compared to the operating profit of around Tk20 lakh recorded in the financial year 2021-22, reads a press release.

Notably, 'Shwapno' has consistently achieved operating profits for the past five years without depreciation, the release added.

The journey of 'Shwapno' began in 2008, and it has since expanded its dream programmes to 62 districts across the country, in addition to the capital. Despite the challenges posed by the Corona pandemic, the retail chain has demonstrated resilience by expanding its business. Since the onset of the COVID-19 infection in March 2020, 'Shwapno' has successfully opened a total of 440 outlets.

Sabbir Hasan Nasir, the executive director of the company, attributes the success to various initiatives taken for customer safety, along with the introduction of home delivery services, which have contributed to increased customer acceptance.

Nasir proudly mentioned that 'Swapn' has received the Best Brand Award in the supermarket category for seven consecutive years since 2016. Moreover, it has been recognized as the sixth-best brand across all categories this year, solidifying its position as a widely accepted brand among consumers in Bangladesh.

Currently, 'Swapn' boasts more than 4,000 employees spread across its 440 outlets nationwide, providing services to over 70,000 customers daily. The retail chain's consistent growth and customer-centric approach have positioned 'Shwapno' as a trusted and preferred brand in the Bangladeshi market.