Heidelberg Materials Bangladesh saw its profit decline in the January-March quarter of 2025 due to lower sales.

 The cement producer's profit slumped 50 percent year-on-year to Tk 19.6 crore in the first quarter of this year, according to its financial statements.  Its earnings per share (EPS) fell to Tk 3.48 in the first quarter from Tk 6.96 in the same period a year earlier.

 Shares of the company declined 3.17 percent to close at Tk 225.8 on the Dhaka Stock Exchange (DSE) yesterday.  The net operating cash flow per share (NOCFPS) also dropped, standing at Tk 2.97 in the negative compared to Tk 23 a year ago.

 The cement manufacturer attributed the fall in EPS to a lower net sales price per tonne and reduced sales volume.

 The decrease in NOCFPS was due to lower sales volume and collection, the company said in the financial statement.

 The company noted that its net asset value per share rose during the January-March period, mainly supported by the net profit recorded in the first quarter.

 As of March 31, 2025, sponsors and directors held 60.67 percent of the company's shares, while institutional investors owned 28.42 percent, foreign investors 0.04 percent, and general stakeholders 10.87 percent, according to the DSE data.

 Heidelberg Materials Bangladesh is one of the largest cement producers in the country. Part of the global Heidelberg Materials Group, which operates in over 50 countries, it strengthened its local presence by establishing a floating terminal and packing facilities in Chattogram, as per its website.