Raw materials costs weigh on Premier Cement’s profits in 2018

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Bangladesh: Premier Cement’s profits in 2018 have been reduced due to rising raw material costs. Its net profit fell by 21% year-on-year to US$5.24m in 2018 from US$6.37m in 2017. Its revenue rose by 8% to US$119m from US$110m. Kazi Md. Shafiqur Rahman, the company secretary of Premier Cement Mills, also blamed market competition for the fall in profit.

Last modified on 15 May 2019

URL: https://globalcement.com/news/item/9256-raw-materials-costs-weigh-on-premier-cement-s-profits-in-2018

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