LafargeHolcim posts 48pc growth in net profit in Q3

Leading cement manufacturer LafargeHolcim Bangladesh (LHBL) posted a significant increase in profits in the 3rd quarter of the current year, the company said in a press statement.  Its net profit increased by 48 per cent during the period (July-Sept, 2019) compared to the same quarter of last year. Though the 3rd Quarter ended with lower volume in sales, the company managed to deliver a strong growth in Profit before Tax of 116 per cent. Sales were muted during the Quarter on account of market slowdown due to extended rain, the statement added.

LafargeHolcim posts 48pc growth in net profit in Q3

Leading cement manufacturer LafargeHolcim Bangladesh (LHBL) posted a significant increase in profits in the 3rd quarter of the current year, the company said in a press statement. Its net profit increased by 48 per cent during the period (July-Sept, 2019) compared to the same quarter of last year. Though the 3rd Quarter ended with lower volume in sales, the company managed to deliver a strong growth in Profit before Tax of 116 per cent. Sales were muted during the Quarter on account of market slowdown due to extended rain, the statement added.