Linde Bangladesh Ltd reported a 35% year-on-year profit decline to Tk 48 crore in the first nine months of 2023. The company’s earnings per share (EPS) also fell significantly to Tk 31.89 from Tk 48.78 in the same period last year, primarily due to increased expenses on imported materials and services. In the July-September quarter of 2023, the company’s profit reached Tk 20 crore, a 4% decrease compared to Tk 21 crore in the previous year. The EPS for this quarter stood at Tk 13.48 in 2023, down from Tk 13.83 the previous year. Linde Bangladesh’s net cash flow per share also declined by 18% year-on-year to Tk 30.14. The multinational company produces various gases and related products, including oxygen, nitrogen, acetylene, and more.
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