LafargeHolcim’s profit jumps over 100% in Jan-Mar

Multinational cement manufacturer LafargeHolcim Bangladesh Limited's net profit jumped 102% in the first quarter of 2023. During the period, its profit was Tk190.90 crore compared to Tk94.50 crore a year ago. Also, the earnings per share stands at Tk1.64. The company also registered a revenue growth of 37% to Tk854 crore. Its Chief Executive

Walton Plaza witnesses 93pc profit in 2022

Walton Plaza, the sales network of Walton Group, witnessed 93 percent profit growth in 2022, a press release said Saturday. This was disclosed at the day-long 'Challengers Summit-2023' organized by Walton Plaza at Walton Hi-Tech Industries PLC.'s headquarters at Chandra, Gazipur on January 26, 2023. Walton Plaza’s managing partner, SM Mahbubul Alam,

BRAC Bank entities post 12pc profit in 9 months

BRAC Bank and its subsidiaries have earned a net profit after-tax (NPAT) of Tk 380 crore in the first nine months of 2022, reflecting a growth of 12 percent compared to the same period of 2021, a press release said Sunday. On a standalone basis, BRAC Bank’s NPAT stood at Tk

UBL donates profit to the Labour Welfare Foundation

Unilever Bangladesh Limited (UBL) and Unilever Consumer Care Limited (UCL) have donated approximately Tk 8 crore 7 lakh of the company's profit to the 'Labour Welfare Foundation', a press release said Thursday. The fund is under the Ministry of Labor and Employment as its contribution to workers' share of profit.

Reconsider taxes on workers’ profit fund

Speakers at a discussion on the national budget for fiscal year 2022-23 (FY23) requested the government to reconsider the proposal to impose taxes on the Worker’s Profit Participation Fund (WPPF) of different organizations. The Institute of Chartered Secretaries of Bangladesh (ICSB) organised the discussion at a city hotel on Tuesday. Officials,

Robi makes profit with 4G data leadership in Q1’22

Robi’s 4G leadership position further consolidated in Q1’22 with 45.9 percent of its total subscribers being 4G users. Around 73.4 percent of Robi’s subscriber base were data subscribers in Q1’22, which was the highest in the industry. Robi disclosed this information while releasing its financial results for Q1’22. Robi ensured 98.2 percent

LafargeHolcim net profit soars by a record 64pc

Profits of LafargeHolcim Bangladesh rose 64 per cent to Tk 388 crore in 2021 due to higher incomes from its new products. The multinational cement maker registered 27 per cent higher net sales of Tk 2,053 crore in the last year from Tk 1,622 crore that was in the previous year.  For

BRAC Bank posts BDT 138cr profit after tax in Q3‘2021

BRAC Bank has registered a Net Profit After-Tax (NPAT) of BDT 138 crore with a growth of 8 per cent for the third quarter (Q3) of 2021compared to the same quarter of 2020 (YoY) on standalone basis, said a press release. On a consolidated basis, i.e., with all its subsidiaries, the

BRAC Bank posts 138cr profit after tax in Q3‘2021

BRAC Bank has posted upbeat financial results for the third quarter (Q3) of 2021, said a press release. The Bank registered a Net Profit After-Tax (NPAT) of BDT 138 crore with a growth of 8 per cent compared to the same quarter of 2020 (YoY) on standalone basis. On a consolidated