The challenging macro-economic environment impacted the Net Sales as of YTD September. Operating EBIT stood at mBDT 4,758 in YTD September, with increased costs and sharp currency devaluation impacting performance, though cost-saving measures provided some relief. In YTD September 2024, Operating EBIT reached mBDT 4,758, which is 28% less than
Tag: LafargeHolcim
LafargeHolcim profit drops 15pc in Q1
LafargeHolcim experienced a double digit year-on-year decline in profit in January-March this year, owing to a lower operating income. Its operating profit fell 13 per cent to Tk 2.12 billion in the first quarter through March, compared to the same quarter of the previous year. At the same time, revenue slid
LafargeHolcim, BGMEA sign Mou for waste management
LafargeHolcim Bangladesh Limited (LHBL) and Bangladesh Garment Manufacturers and Exporters Association (BGMEA) signed a Memorandum of Understanding (MoU) for sustainable waste management. at the BGMEA complex. A press release said that on Sunday. Faruque Hassan, President, BGMEA and Mohammad IqbalChowdhury, Chief Executive Officer, LHBL signed the MoU on behalf of their
LafargeHolcim wins Best Governance Award
LafargeHolcim Bangladesh Limited has been awarded gold for ‘Best Corporate Governance’ in cement manufacturing category by the Institute of Cost and Management Accountants of Bangladesh (ICMAB). Mohammad Iqbal Chowdhury, Chief Executive Officer and Asif Bhuiyan, Chief Corporate Affairs Officer of the company received the award from Tipu Munshi, MP, Minister,
LafargeHolcim opens rain water harvesting project
LafargeHolcim Bangladesh Limited (LHBL), one of the leading building material solutions providers in the country recently inaugurated the project titled “Rain Water Harvesting for Safe Drinking Water for the Community” near its plant in Chhatak, Sunamganj. Availability of safe drinking water in Chhatak has always been a concern for the communities.
LafargeHolcim fetches 34pc growth in Q2
LafargeHolcim Bangladesh Limited delivered another quarter of strong topline growth of 34 percent, driven by progress against strategic priorities, a company statement said Thursday. Consolidated operating EBIT reached staggering mBDT 2,167, an increase of 68 percent. Net sales during the quarter increased by 34 percent to 6,710mBDT compared to 5,014 mBDTin Q2,
LafargeHolcim holds free medical camp in Chhatak
LafargeHolcim Bangladesh Limited (LHBL) in association with the Jalalabad Liver Trust, organized a medical camp in Chhatak, Sunamganjrecently with the objective of providing free healthcare services to the local communities around its Chhatak plant. The response was overwhelming as opposed to the 197 registration, more than 250 patients across different
Iqbal Chowdhury new CEO of LafargeHolcim
The Board of LafargeHolcim Bangladesh Limited (LHBL) announced the appointment of Mohammad Iqbal Chowdhury as the new CEO for the company, a press release said Wednesday. Iqbal Chowdhury will succeed Rajesh Surana who served the company very successfully for the past 7 years and now has been promoted as Area Manager
Holcim Awards now open for sustainable construction
Holcim Awards are now open for entries with a total prize pool of USD 1 million, a press release said Thursday. The Holcim Foundation for sustainable construction conducts the global competition to reward and shed light on real-world examples in practice that can accelerate the global movement for sustainable design. The Holcim
