Cement News tagged under: LafargeHolcim Bangladesh
Holcim Block launched in Bangladesh05 March 2024, Published under Cement NewsLafargeHolcim Bangladesh Ltd (LHBL) has launched its ‘Holcim Block’ to grab a share of Bangladesh's US$3bn domestic brick market. Around 150 manufacturers are making concrete blocks in different parts of the country. In a media statement, chief corporate affairs officer of LHBL, Asif Bhuiyan, said: “Concrete blocks are more environmentally friendly and durable than conventional bricks. Due to low carbon emissions during production, demand for these blocks is increasing worldwide.” Di... |
LafargeHolcim Bangladesh reports 9% sales growth in 9M2221 October 2022, Published under Cement NewsLafargeHolcim Bangladesh (LHBL), a joint venture between Holcim Group and Cementos Molins, has reported positive trends in net profit, net sales, operating profit and earnings per share during the first nine months of 2022, despite an unprecedented increase in raw material costs. The company saw a seven per cent rise in net profit during the 9M22 to BDT3.308bn (US$32.4m), compared to BDT3.089bn in the same period a year earlier. Net sales grew nine per cent to BDT16.987bn from BDT15.656... |
LafargeHolcim Bangladesh posts 3% increase in net sales16 October 2020, Published under Cement NewsLafargeHolcim Bangladesh recorded a three per cent rise in net sales during the third quarter of this year, increasing to BDT3.655bn (US$43.09m) from BDT3.558bn in the 3Q19. "Our efforts on health, cost and cash have ensured that we stay focused during the crisis while our fast progress on digital helped us being effective in the market place" said Rajesh Kumar Surana, CEO and country representative. Profit after tax advanced 71 per cent to BDT654m for the 3Q20, compared to BDT381m in ... |
LafargeHolcim Bangladesh reports 6% increase in PAT23 July 2020, Published under Cement NewsLafargeHolcim Bangladesh has seen its profit after tax advance 6.2 per cent to BDT843m (US$9.94m) in the first half of 2020, against BDT794m last year. The company has noted the remarkable nature of the results, considering the impact of the COVID-19 pandemic. In the second quarter the cement producer saw revenue drop 41.3 per cent from BDT4.498bn in 2Q19 to BDT2.641bn in the 2Q20. Operating profit fell 62.9 per cent to BDT268.2m in the 2Q20 from BDT722.3m while profit after tax saw a 26.5... |
Lafargeholcim Bangladesh reports 46% net profit surge01 August 2019, Published under Cement NewsLafargeHolcim Bangladesh has announced a 46 per cent YoY increase in net profit for the second quarter of 2019, according to a recent statement. The company also saw a 15.4 per cent rise in revenue to BDT4.5bn (US$52.9m) for the 2Q19, compared to BDT3.9bn of the year-ago period. "The 2Q19 results demonstrate the strong performance trend which continues from 2018. Our focus on raising profitability through commercial innovation, operational efficiency and cost control continues to pay off.... |
Lafarge completes Holcim shares acquisition09 January 2018, Published under Cement NewsLafarge Surma Cement Ltd (LSCL) has completed the required documents to transfer the shares of Holcim Bangladesh Ltd (HBL) to LafargeHolcim Bangladesh Ltd. The step was part of the acquisition of HBL at a price set by the Bangladesh Bank, which announced a price of BDT5.05bn (US$60.8m) on 24 December 2017. |
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