• Friday, Sep 24, 2021
  • Last Update : 09:42 am

Linde Bangladesh sees massive rise in its Q2 earnings

  • Published at 06:36 pm July 27th, 2021
Oxygen-Cylinder-ventilator-DNCC
An oxygen cylinder is attached to a ventilator at a hospital bed Mahmud Hossain Opu/Dhaka Tribune

With a surge of Covid-19 cases in the country, the company has been importing medical oxygen by train to supplement its local supply with active assistance from Linde India and the governments of India and Bangladesh

Due to higher revenue, Linde Bangladesh has witnessed a massive 370.56% increase in its second quarterly (April-June) earnings. 

With a surge of Covid-19 cases in the country, the company has been importing medical oxygen by train to supplement its local supply with active assistance from Linde India and the governments of India and Bangladesh.


Also read - Linde Bangladesh to continue medical oxygen import from India


In a filing with Dhaka Stock Exchange on Tuesday, the company said that its earnings per share (EPS) was Tk22.54 for April-June 2021 as against Tk4.79 for the same period of the previous financial year.

Meanwhile, its net asset value (NAV) per share stood at Tk357.17 as of June 30, 2021, and Tk355.75 as of December 31, 2020. 

At the end of Tuesday’s trading, the closing price for each of its shares was Tk1,376.9.

Earlier in the year 2020, Linde Bangladesh offered a 400% cash dividend to its shareholders.

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