Reckitt Benckiser’s profit jumps slightly

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Reckitt Benckiser’s profit jumps slightly

B Mirror Desk : Reckitt Benckiser (Bangladesh) reported a slight year-on-year profit increase of 1.1 percent, amounting to Tk 153.35 million for the first quarter of 2025, bolstered by an 11.05 percent rise in revenue. The earnings per share (EPS) for the multinational company, which specializes in toiletries and pharmaceuticals, increased to Tk 32.45 from Tk 32.10 in the same quarter last year, as disclosed in a price-sensitive announcement on Wednesday.

During the three months ending in March, the company experienced an 11.05 percent year-on-year revenue growth, reaching Tk 1,473.38 million, driven by heightened demand. Established on April 15, 1961, through the merger of Reckitt Colman PLC and Benckiser N.V., the company manufactures and markets household toiletries, pharmaceuticals, and food products.

The net operating cash flow per share, indicating the company’s cash generation capability, surged to Tk 79.64 in the March quarter, up from Tk 69.23 in the same period last year. Additionally, the net asset value, representing the difference between total assets and total liabilities, rose to Tk 383.09 per share for the January-March quarter, compared to Tk 350.64 per share in December of the previous year.

However, on Wednesday, the stock price fell by 2.34 percent to Tk 3,405 per share on the Dhaka Stock Exchange, amid widespread declines due to concerns over escalating tensions in the India-Pakistan conflict.

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