The cement makers managed to offset additional costs partially by boosting sales prices and taking advantage of the recent reduction in raw materials' prices in the global market.Ĭrown Cement, Heidelberg Cement, and Premier Cement rebounded in the first quarter of FY24 from losses endured in the same quarter a year ago. For all latest news, follow The Financial Express Google News channel.įive of the seven listed cement manufacturers improved their earnings in the July-September quarter of FY24, overcoming challenges stemming from rising energy costs as well as the depreciation of the taka against the dollar.
