Crown Cements' profit plunged in July-September 2024
Crown Cement's profit dropped 89 per cent YoY in July-September 2024 to BDT37.7m (US$0.315m) from BDT345m in the same quarter a year ago. Total sales revenue during this period ...
Bangladesh
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Premier Cement returns to profit
Premier Cement Mills Ltd (Bangladesh) has reported a net profit of BDT742.3m (US$6.2m) for the period ending 30 June 2024. This marks a significant turnaround from a BDT842.3m l...
Heidelberg Materials Bangladesh reports loss in 3Q24
Heidelberg Materials Bangladesh posted sales of BDT2934.9m (US$24.5m) in the July-September 2024 quarter, down 19.6 per cent YoY from BDT3651.3m in the 3Q23. Operating profit fe...
LafargeHolcim Bangladesh conferred a prestigious award
LafargeHolcim Bangladesh PLC has been awarded the prestigious ‘Gold’ Award in the Manufacturing Sector category at the 11th Institute of Chartered Secretaries of Bangladesh (ICS...
Confidence Cement invests US$68m in new facility in Narsingdi
Confidence Cement PLC , a leading cement producer based in Bangladesh, is investing BDT8.15bn (US$68.2m) to construct a new production facility on 10 acres of land in Narsingdi....
Bangladesh cement sales drop as major construction projects shelved
Sales of cement in Bangladesh have nearly halved in the last few of months as real estate developers cancelled construction plans, while public projects were delayed because of ...
Confidence Cement to issue rights shares
Bangladesh cement producer Confidence Cement PLC has decided to issue rights shares to raise BDT1.29bn (US$m10.78m) for investment in an associate company named Confidence Cemen...
National Budget FY24-25 offers no direct incentive for the cement sector
Bangladesh’s National Budget for FY24-25 was presented by Abul Hassan Mahmood Ali, Minister of Finance, in parliament on 6 June 2024. A cursory look at budget documents reveals ...
Substantial growth in Bangladesh's cement exports during 11MFY24
Bangladesh's cement industry has experienced significant export growth during the 1MFY24. The sector recorded a 34.3 per cent YoY increase in cement export revenue, reaching US$...
HeidelbergCement Bangladesh looks for new MD
HeidelbergCement Bangladesh Ltd is seeking a new managing director to oversee its operations in Bangladesh. Part of Heidelberg Materials (HM) Group, HeidelbergCement Bangladesh ...