Linde Bangladesh’s profit decreases 17pc

Business Desk :

Linde Bangladesh reported a 17 per cent year-on-year decline in profit for the first quarter of 2025, citing lower sales and higher costs due to inadequate natural gas supply and power disruptions at its Rupganj plant.
According to its quarterly financials, during the January to March quarter, its profit declined to Tk8.05 crore, with earnings per share (EPS) falling to Tk5.29 – down from Tk9.72 crore and an EPS of Tk6.37 in the same period of the previous year.
Its revenue year-on-year declined by 6 per cent to Tk55 crore in Q1, lower from Tk58.66 crore in Q1 2024.
However, its net asset value per share increased to Tk234.63, and net operating cash flow per share declined to Tk1.80, which was Tk229.34, and Tk3.22 respectively in the same time of the previous year. The company said that, along with higher operating costs, net operating cash flow declined due to increased payments made during the current quarter. The multinational had recommended a record-high 4,500 per cent cash dividend for its shareholders in 2024. This includes a 400 per cent final cash dividend and a 4,100 per cent interim cash dividend, which was declared during the first seven months of the year.