LafargeHolcim Bangladesh’s profit rise to 20pc in Q2

Business Desk :

LafargeHolcim Bangladesh, a multinational cement manufacturer, posted 20% Year-on-Year growth in profit in the second quarter of this year.

According to the company’s financial statement, its consolidated net profit stood at Tk96.7 crore in April-June quarter of 2025, which was higher from Tk80.40 crore in the same quarter previous year.

During the quarter, its revenue grew by 5% to Tk646.60 crore.
In a press statement, Iqbal Chowdhury, CEO of LafargeHolcim Bangladesh, said, “We achieved solid volume growth in cement and aggregates, driven by strong market demand and growing customer confidence.”

“Specialised cement products ‘Water Protect’ and ‘Fair Face’ recorded an impressive 28% growth, underscoring a clear consumer preference for value-added solutions,” he added. He further said, “Profitability was impacted by rising energy costs and falling cement prices, prompting cost-efficiency measures and strategic pricing reviews.”

“Our innovation and diversification efforts continued to yield results, including co-processing over 21,000 tons of waste via Geocycle, replacing 11% of fossil fuels,” Iqbal also said. Despite the current challenges, we remain optimistic about improved performance in the upcoming quarters, he said. Besides, in the first half of this year, LafargeHolcim’s revenue rose by 4% to Tk1,498 crore, but the consolidated net profit dropped by 3% to Tk235.8 crore mainly due to the dismal performance in the first quarter of this year due to the higher inflation and a decline in cement prices.