May 22, 2024 7:38 pm
Home Stock Market LafargeHolcim profit jumps 54pc on higher sales revenue

LafargeHolcim profit jumps 54pc on higher sales revenue

by fstcap

LafargeHolcim registered a 58 per cent year-on-year growth in profit to Tk 5.21 billion for January-September this year.

The profit growth was backed by a 55 per cent growth in operating profit to Tk 6.63 billion in the nine months to September.

During the period, the company’s sales volume stood at Tk 16.98 billion, 27 per cent up from the same period of the previous year.

The earnings per share (EPS) jumped to Tk 4.49 for January-September, 2023 from Tk 2.85 for the same period last year.

The company’s share price remained stuck at the floor price of Tk 64.80 till April 30 on the Dhaka Stock Exchange (DSE).

Later, the company saw price movements along with other market leaders. After exhibiting ups and downs, the stock peaked at Tk 72 on October 15 and finally closed at Tk 71.40 on Monday. Source : The Financial Express

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