Heidelberg Cement Bangladesh Ltd operates in the Cement, hydraulic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Heidelberg Cement Bangladesh Ltd with three other
cement and concrete producers in Asia:
Hume Cement Industries Bhd
of MALAYSIA
(2020
sales of 585.39 million Malaysian Ringgits [US$140.31 million]
of which 100%
was Construction Materials),
Attock Cement Pakistan Ltd
of PAKISTAN
(23.95 billion Pakistan Rupees [US$142.49 million]
of which 100%
was Cement), and
Vicem But Son Cement JSC
which is
based in VIETNAM
(3.06 trillion Vietnamese Dong [US$134.49 million]
).
Sales Analysis.
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Heidelberg Cement Bangladesh Ltd totalled
4.10 billion Bangladeshi Taka.
This is
an increase of 131.9%
from the 1.77 billion Bangladeshi Taka in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at Heidelberg Cement Bangladesh Ltd in the previous 28 quarters.
During the first two
quarters of 2021, sales totalled 9.60 billion Bangladeshi Taka, which is
71.7% higher
than through the first two quarters of 2020.
Sales at Heidelberg Cement Bangladesh Ltd appear to have some seasonality: during each of the previous 7
years, sales have been highest during the first quarter, which has accounted for
between 28.1% and 33.6%
of the annual
sales.
Heidelberg Cement Bangladesh Ltd reported sales of 11.68 billion Bangladeshi Taka (US$137.25 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 2.5%
versus 2019, when the company's sales were 11.99 billion Bangladeshi Taka.