Premier Cement Mills PLC reported a steep 87 per cent year-on-year decline in profit for the January–March quarter of the 2024–25 fiscal year, largely due to elevated raw material and financing costs, the company’s financial disclosures show.

Net profit for the third quarter fell to Tk 32.8 million, down from Tk 259.2 million in the same period a year earlier. Revenue also declined, dropping 4 per cent year-on-year to Tk 7.24 billion.

The company’s earnings per share (EPS) shrank to Tk 0.31 for the quarter, compared to Tk 2.58 in the corresponding period of the previous fiscal year. For the nine months ending March 2025, the consolidated EPS stood at Tk 0.67, a significant drop from Tk 5.19 recorded a year ago.

Despite the downturn in profitability, Premier Cement recorded stronger operating cash flows. The consolidated net operating cash flow per share rose to Tk 6.08 for the nine months, up from Tk 5.53 in the previous year, suggesting improvements in working capital management or revenue collection efficiency.

Founded in 2001, the company has significantly expanded its production capacity over the years. In 2017, a strategic partnership with Denmark-based FL Smidth boosted its annual output capacity to 5.16 million tonnes, up from its initial capacity of 2.4 million tonnes.

As of March 31, 2025, shareholding data from the Dhaka Stock Exchange show that sponsors and directors controlled 43.58 percent of the company, institutional investors held 26.35 percent, the general public 30.06 percent, and foreign investors 0.01 percent.