LafargeHolcim posts higher profit in Jul-Sep quarter

LafargeHolcim Bangladesh Limited's profit rose 21 per cent year-on-year to Tk 113.81 crore in the third quarter of 2022. 

The multinational cement manufacturer raked in Tk 94.07 crore in profit in the July-September quarter of 2021.

Its consolidated earnings per share (EPS) were Tk 0.98 in the July-September period as against Tk 0.81 during the same quarter last year, according to the un-audited financial statements of the company.

Consolidated EPS was Tk 2.85 in the January-September period, up from Tk 2.66 during the nine-month period in 2021.

LafargeHolcim's consolidated net operating cash flow per share, however, slipped to Tk 3.28 in January-September from Tk 3.65 reported during the identical period in 2021.

Consolidated net asset value per share was Tk 15.99 on September 30 and Tk 17.04 on December 31.

Shares of LafargeHolcim were down 3.90 per cent at Tk 69 on the Dhaka Stock Exchange yesterday.