The leading cement producer, Premier Cement Mills PLC, reported consolidated earnings per share (EPS) of Tk 0.23 for October-December 2024, down from Tk 2.09 a year earlier, according to a disclosure on the Dhaka Stock Exchange (DSE). As of midday trading yesterday, shares of the company increased by 0.44 percent to Tk 45.3. The company reported a profit of Tk 2.42 crore in the second quarter of the fiscal year 2024-25, marking an 89 percent year-on-year decline.
Premier Cement, which started work in 2001, has gradually increased its production capacity to 24 lakh tonnes annually, according to data from its website. A strategic partnership with FLSmidth Denmark in 2017 further strengthened its output to 51.6 lakh tonnes, positioning it as a key player in the cement industry. Additionally, EPS for July-December 2024 was Tk 0.36, up from Tk 2.63 for July-December 2023. Consolidated net operating cash flow per share increased to Tk 5.48 from Tk 5.03 year-over-year.
Source: The Daily Star
