Lafarge Holcim’s earnings doubled at the end of the third quarter, Dhaka: The earnings per share of Lafarge Holcim, a multinational cement company listed in the capital market, has further increased. So far this year, the company has earned twice as much as last year. In the third quarter from July to September, the company earned 61 paise per share. At the same time last year, the income was 56 paise.

With the addition of this third quarter earnings, the company’s earnings per share for the nine months from January to September this year stood at Tk 2.8. At the same time last year, the income was 1 29 paise. The financial statements were reviewed and released at the company’s board meeting on Thursday. Lafarge’s earnings have been on the rise since the first quarter of this year.

From January to March, the company’s earnings per share was 69 paise. At the same time last year, the income was 45 paise. Then in the third quarter from April to June, the income was 98 paise. The income at this time last year was 26 paise.

The earnings per share for the two quarters was 1 75 paise. The income at this time last year was 63 paise. In addition to earnings, the value of assets per share is also increasing. At the end of September, the asset value was 16 rupees 81 paise. At the end of June it was 15 rupees 60 paise. The share price of the multinational capital has also risen sharply in the current year.

In the last one year, the lowest price of the company’s shares was 36 rupees 60 paise. In the recent rise, it has risen to 106 rupees 50 paise. But later it decreased a little and now stands at 95 rupees 90 paise. The recent upsurge began in August. On August 2, the share price was 72 rupees 90 paise. On October 6, it increased to 106 rupees 50 paise.

The company, which has been operating in Bangladesh for nearly two decades, has invested about কোটি 500 million in setting up a cement factory and three grinding stations, the highest foreign investment in the country in the cement sector.

Source: Share Barta 24 by

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