LafargeHolcim Bangladesh PLC, a publicly traded cement manufacturer, has made the decision to enhance the energy efficiency of its Surma facility situated in Chhatke, Sunamganj. To achieve this goal, the company plans to install a specialized mill at the plant.

A proposal for the mill’s establishment received approval during the board of directors meeting held on Wednesday, May 7. This information was disclosed by sources within the company.

As per the source, the project is expected to incur a cost of Tk 180 crore; however, details regarding the source and method of funding for this investment remain undisclosed. Should the proposed mill be constructed, it is anticipated that the energy efficiency and reliability of the Chhatke plant will significantly surpass current levels.

Additionally, during the board meeting today, the unaudited financial report for the first quarter of the current fiscal year (January ’25-March ’25) was reviewed and approved, with the company subsequently releasing the report.

The report indicates that the consolidated earnings per share for the first quarter of the current fiscal year stood at Tk 1.20, compared to Tk 1.40 during the same period last year. Furthermore, the company’s cash flow per share for the first quarter was recorded at minus Tk 2.98, in contrast to Tk 0.95 in the previous year. As of March 31, 2025, the bank’s net asset value per share (NAVPS) was reported at Tk 17.25.