Cement News tagged under: Heidelberg Materials Bangladesh

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Heidelberg Materials Bangladesh reports loss in 3Q24

22 October 2024, Published under Cement News

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 fell by 71.5 per cent YoY to BDT17.3m from BDT60.7m over the same period. The company also reported a net loss of BDT7.96m in the 3Q24. The loss per share was BDT0.14, according to a disclosure on the Dhaka Stock Exchange website. The company attributed the negative result to a drop in sales volumes and net sales ...