LafargeHolcim delivers strong quarter

LafargeHolcim Bangladesh has reported strong quarterly results for the April to June period of 2022 riding on higher sales. 

The cement maker's profit rose 10 per cent to Tk 122 crore in the quarter. It was Tk 111 crore in the same period last year.

Net sales increased 6 per cent to Tk 501 crore, said the company in a press release yesterday.

Riding on the better quarterly performance, the multinational company's half-yearly profit rose 1 per cent to Tk 217 crore and sales edged up 2 per cent to Tk 1,127 crore.

Rajesh K Surana, chief executive officer of LafargeHolcim Bangladesh, said the company navigated through challenging times due to the increased cost of freight and raw materials globally.