Wednesday 28 October 2020 ,
Wednesday 28 October 2020 ,
Latest News
15 October, 2020 07:58:35 PM
Print

LafargeHolcim posts positive growth in Q3 amid Covid-19 fallout

Staff Reporter, Dhaka
LafargeHolcim posts positive growth in Q3 amid Covid-19 fallout

LafargeHolcim Bangladesh posted resilient performance in Q3, 2020 amid Covid-19 outbreak and reported 31 per cent growth in operating profit.

In a challenging market environment, net sales during the quarter increased by 3 per cent to Tk 3,655 million compared to Tk 3,558 million for the same quarter last year supported by sales and marketing initiatives, said a press release. 

Profit after tax for the quarter registered an improvement of 71 per cent to Tk 654 million against Tk 381 million during the previous year’s quarter on the back of internal efficiencies.

With its strong balance sheet, LafargeHolcim Bangladesh is well positioned to take advantage from the expected uptick in demand, the statement added.

“We are very proud of the resilience, agility and great team work of our employees and the strong cooperation with our customers and suppliers. Our efforts on HEALTH, COST and CASH have ensured that we stay focused during the crisis, while our fast progress on digital helped us being effective in the marketplace” said Rajesh Kumar Surana, CEO and Country Representative.

HM

Comments

Video

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting