Premier Cement Mills Ltd recently disclosed a significant 82% decline in profits for the fiscal year ending on June 30, 2025, as per information available on the Dhaka Stock Exchange website. The company’s consolidated earnings per share plummeted to Tk 1.29, a notable decrease from Tk 7.04 reported in the previous financial year. On the bright side, the consolidated net operating cash flow per share increased to Tk 7.20 compared to Tk 6.27 from the preceding year.
The board of directors proposed a 10% cash dividend for the financial year 2025, which is lower than the 21.50% dividend declared in the previous year. Analysis of the shareholding structure as of September 30 reveals that company sponsors and directors own 43.58% of shares, institutions hold 26.77%, foreign investors have a minimal 0.01% stake, while the public holds 29.64%.
Premier Cement, a prominent cement manufacturer in Bangladesh, commenced operations in 2001 and currently boasts an annual production capacity of 2.4 million tonnes. The company entered into expansion agreements with Denmark’s FL Smidth in 2017, aiming to boost capacity to 5.16 million tonnes to enhance operational efficiency and broaden its market presence nationwide.