LafargeHolcim Bangladesh's profits up 38%
LafargeHolcim Bangladesh has informed Dhaka Stock Exchange (DSE) that its consolidated profit stood at BDT1.11bn (US$13.1m) for the year ended on 31 December 2018, up 38 per cent from BDT805m in the previous year.
Producing around 4.2Mta of cement, LafargeHolcim Bangladesh has sofar invested about US$500m in Bangladesh, and is having plans for further investments. The plant at Chhatak, Sunamganj, is the only dry-process integrated cement plant of the country. Furthermore, the company's plants are strategically located in the northeast, Central and southwest parts of the country for convenience of the customers.
LafargeHolcim Bangladesh Ltd has already acquired 100 per cent shares of Holcim Cement (Bangladesh) Ltd.
Source: https://www.cemnet.com
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