POST TIME: 25 October, 2019 00:00 00 AM
LafargeHolcim posts 48pc growth in net profit in Q3
Staff Reporter, Dhaka
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.