Cement News tagged under: Meghna Cement

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Meghna Cement welcomes new MD

04 January 2024, Published under Cement News

Bangladesh-based Meghna Cement Mills Ltd , part of the Bashundhara Group , has appointed Ahmed Akbar Sobhan as its new managing director. The appointment was effective from 28 December 2023, reports Market Screener. 

Meghna Cement Mills posts 71% profit fall in FY22-23

14 November 2023, Published under Cement News

Meghna  Cement Mills Ltd  of Bangladesh posted its financial result for the year ending on 30 June 2023 on the Dhaka Stock Exchange’s website. The company reported that its profit plummeted to BDT15.81m (US$0.142m) from BDT558m a year ago, thus registering a 71 per cent fall in profit YoY. Meanwhile, local media attributed the decline in revenue earnings to the currency devaluation and higher finance costs, bringing the income of Meghna Cement Mills to its lowest since its 1995 listing ...