Cement News tagged under: Premier Cement

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Premier Cement returns to profit

24 October 2024, Published under Cement News

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 loss in the equivalent period of the previous year. A company official said that the combination of reduced foreign exchange losses and starting operations from a new factory unit has helped Premier Cement produce its cement at a low cost, increasing its capability of business amid intensive competition.  Furth...

Bangladesh's foreign and local cement firms report mixed financial results in 1QFY24

15 December 2023, Published under Cement News

The Bangladesh foreign and local cement firms listed at the Dhaka Stock Exchange (DSX) improved their earnings in the July-September quarter of FY23-24, overcoming challenges stemming from rising energy costs and the depreciation of the taka currency against the dollar during this accounting period. According to local media, the cement makers partially offset additional costs by boosting sales prices and taking advantage of the recent reduction in raw materials prices in the global market. ...

Bangladesh cement producers switch to VRMs and roller presses

31 August 2023, Published under Cement News

Bangladesh cement manufacturers are replacing their traditional ball mills (TBMs) with sophisticated vertical roller mill (VRM) and roller press (RP) equipment, reports the Daily Star. Although VRM and RP-based manufacturing lines are three times costlier than the traditional ones, advanced technologies can help sustain businesses in the long run. Nine large companies -  Shah Cement , Bashundhara Cement , Fresh Cement, Premier Cement Mills , Seven Rings , Crown Cement , LafargeHolcim ,...