Premier Cement profit plunges 82% in FY25

Premier Cement Mills Ltd reported an 82 percent drop in profit for the year ended June 30, 2025, according to a disclosure on the Dhaka Stock Exchange website today.

The cement maker posted consolidated earnings per share of Tk 1.29, down sharply from Tk 7.04 in the previous financial year.

Consolidated net operating cash flow per share rose to Tk 7.20 from Tk 6.27 a year earlier.

The board of directors recommended a 10 percent cash dividend for FY25, lower than the 21.50 percent declared the previous year.

As of September 30, sponsors and directors of the company held 43.58 percent of its shares, institutions 26.77 percent, foreign investors 0.01 percent and the public 29.64 percent.

Premier Cement, one of Bangladesh's leading cement producers, began operations in 2001 and now has an annual capacity of 2.4 million tonnes.

Expansion plans with Denmark's FL Smidth, signed in 2017, aimed to raise capacity to 5.16 million tonnes to cut costs and expand nationwide reach, according to its website.