Linde Bangladesh Limited operates in the Industrial gases sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Linde Bangladesh Limited with three other
chemical manufacturers in Asia:
Tae Kyung Chemical Company Limited
of KOREA (SOUTH)
(2020
sales of 47.06 billion Korean Won [US$42.17 million]
of which 100%
was Gas Segment),
Hunan Kaimeite Gases Co., Ltd.
of CHINA
(518.75 million Chinese Renmimbi [US$81.09 million]
of which 53%
was Special Gas), and
Linde Pakistan Limited
which is
based in PAKISTAN
(5.55 billion Pakistan Rupees [US$35.60 million]
).
Sales Analysis.
During the first
quarter of 2021, sales at Linde Bangladesh Limited totalled
1.27 billion Bangladeshi Taka.
This is a drop of 8.7%
from the 1.40 billion Bangladeshi Taka in sales at the company during the first quarter in 2020.
During the previous 6 quarters, sales at Linde Bangladesh Limited have fallen vis-à-vis the same quarter in the previous year.
There appears to be at least some degree of seasonality in the sales at Linde Bangladesh Limited: during 6 of the previous 7
years, sales were highest during the fourth quarter.
The exception to this was during 2020, when the
first quarter was the best quarter, accounting for
30% of sales (during that same year, the
fourth quarter accounted for 29% of sales).
Linde Bangladesh Limited reported sales of 4.71 billion Bangladeshi Taka (US$55.55 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 17.1%
versus 2019, when the company's sales were 5.68 billion Bangladeshi Taka.
Contributing to the drop in overall sales was the 24.2% decline
in Package Gases and Products, from 4.24 billion Bangladeshi Taka to 3.21 billion Bangladeshi Taka.
There were also decreases in sales in
Bulk Gases (down 16.3% to 609.01 million Bangladeshi Taka)
.
However, these declines were partially offset by the increase in sales of
Hospital Care (up 24.0% to 888.88 million Bangladeshi Taka)
.