Walton Hi-Tech Industries PLC has signed a six-year global distributorship agreement with Barbados-based Bargain Warehouse Inc. to expand its presence across 16 international territories. Under the deal, Bargain Warehouse will manage sales, distribution, and marketing of 13 Walton products, helping the Bangladeshi electronics giant strengthen its global footprint. Despite this strategic move, Walton reported a drop in quarterly net profit to Tk 392 crore from Tk 422 crore a year earlier, due to domestic challenges and rising input costs. Analysts see the partnership as a timely step, particularly for tapping into Caribbean and Latin American markets, and believe it could open doors to further global opportunities.
Walton Hi-Tech Industries PLC has entered into a strategic global distributorship agreement with Barbados-based Bargain Warehouse Inc., aiming to significantly boost its international presence. Under this six-year partnership, Bargain Warehouse will handle the sales, distribution, and marketing of 13 Walton products across 16 territories, according to a disclosure released on the Dhaka Stock Exchange (DSE) website yesterday.
As one of Bangladesh’s leading electronics manufacturers, Walton views this deal as a crucial step to expand its global footprint and strengthen its position in competitive overseas markets. The collaboration with Bargain Warehouse is expected to open new channels for Walton’s diverse product lineup, which includes consumer electronics, home appliances, and electrical goods.
Despite this optimistic move, Walton reported a dip in net profit to approximately Tk 392 crore in the January–March quarter of fiscal year 2024–25, down from nearly Tk 422 crore during the same period last year. The decline reflects ongoing challenges in the domestic market and rising input costs.
According to DSE data as of June 30, 2025, Walton’s ownership structure remains concentrated, with sponsors and directors holding 61.09 percent of shares. Institutional investors represent a modest 0.60 percent, foreign investors hold 0.09 percent, while the general public owns 38.22 percent.
Founded in 1977, Walton began its operations in consumer electronics and gradually diversified its product range. By early 2008, the company had expanded into manufacturing refrigerators, freezers, air conditioners, and compressors, later venturing into televisions and a wide array of home and electrical appliances. This long history of innovation and growth underpins Walton’s ambition to become a global player in the electronics industry.
Industry analysts view the new distributorship deal as a timely move for Walton, positioning it to capitalize on rising demand in international markets, especially in the Caribbean and Latin America regions served by Bargain Warehouse. The partnership could also pave the way for further collaborations and product launches tailored to global consumer preferences.
