Linde Bangladesh H1 profit rises on higher gross margin
Linde Bangladesh PLC, a multinational company listed on the
country's stock exchanges, reported a 3.67% year-on-year increase in net profit
for the first half of 2026, supported by a higher gross margin despite weaker
second-quarter earnings.
According
to its financial statements approved by the board of directors today (27 July),
the company's revenue rose 12% year-on-year to Tk121.87 crore in the
January-June period, while net profit increased to Tk19.45 crore. Earnings per
share (EPS) stood at Tk12.78, up from the corresponding period last year.
Explaining
the changes in its financial performance, the company said the increase in EPS
was driven by a higher gross margin, partly offset by one-off other income
recognised in the same period last year.
Net asset value (NAV) per share rose to Tk213.09 as of 30 June 2026, from
Tk201.66 a year earlier, while net operating cash flow per share climbed to
Tk17.71 from Tk4.08.
The
company attributed the increase in NAV to profits earned during the period,
partially offset by dividend payments.
However,
second-quarter performance was weaker. Although revenue rose 16.68%
year-on-year to Tk62.67 crore in the April-June quarter from Tk53.71 crore a
year earlier, net profit fell 21% to Tk8.46 crore.
Linde
Bangladesh's shares closed 1.34% higher at Tk736 on the Dhaka Stock Exchange
today.
