Phoenix Overseas Limited — Updates, 15-05-2025: Press Release

Phoenix Overseas reported a consolidated net profit of Rs. 4.58 Cr on a turnover of Rs. 490.26 Cr for FY 2024-25, down from last year due to socio-political issues in Bangladesh. The company is diversifying exports into Vietnam, UAE, Egypt, and Oman to mitigate market risks and boost global partnerships. This strategy aims to support long-term growth and inorganic expansion despite current challenges.