DSE:HEIDELBCEM Income Statement

Financials in millions BDT. Fiscal year is January - December.

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	14,549	14,740	17,956	16,767	14,328	11,681
Revenue Growth (YoY)	-4.60%	-17.91%	7.09%	17.02%	22.66%	-2.55%
Cost of Revenue	12,919	12,945	15,895	15,698	12,737	10,333
Gross Profit	1,631	1,796	2,061	1,069	1,591	1,348
Selling, General & Admin	1,223	1,135	1,228	1,084	931.18	996.69
Other Operating Expenses	-6.54	-7.35	-14.17	-13.61	-8.16	-13.43
Operating Expenses	1,216	1,127	1,214	1,071	923.02	983.26
Operating Income	414.37	668.18	846.36	-1.86	668.4	365.02
Interest Expense	-62.99	-258.24	-288.22	-77.94	-61.05	-184.92
Interest & Investment Income	131.49	333.45	234.9	13.36	61.53	-
Currency Exchange Gain (Loss)	-1.9	-1.72	-2.75	-5.68	-1.96	-
Other Non Operating Income (Expenses)	22.51	-12.31	-4.94	1.12	-	-
EBT Excluding Unusual Items	503.47	729.36	785.35	-71	666.92	180.1
Gain (Loss) on Sale of Assets	-2.67	-2.67	1.26	-8.82	-	-
Other Unusual Items	-	-	-	-0.38	-	-
Pretax Income	500.8	726.69	786.62	-80.2	666.92	180.1
Income Tax Expense	219.94	264.9	327.21	153.25	191.63	260.94
Net Income	280.86	461.79	459.41	-233.44	475.28	-80.84
Net Income to Common	280.86	461.79	459.41	-233.44	475.28	-80.84
Net Income Growth	-23.59%	0.52%	-	-	-	-
Shares Outstanding (Basic)	57	57	57	57	57	57
Shares Outstanding (Diluted)	57	57	57	57	57	57
Shares Change (YoY)	0.63%	-	-	-	-	-
EPS (Basic)	4.94	8.17	8.13	-4.13	8.41	-1.43
EPS (Diluted)	4.94	8.17	8.13	-4.13	8.41	-1.43
EPS Growth	-24.07%	0.52%	-	-	-	-
Free Cash Flow	622.8	1,781	1,022	-8.68	856.16	1,192
Free Cash Flow Per Share	10.95	31.52	18.08	-0.15	15.15	21.10
Dividend Per Share	2.500	2.500	2.500	1.000	2.600	2.000
Dividend Growth	-	-	150.00%	-61.54%	30.00%	-
Gross Margin	11.21%	12.18%	11.48%	6.38%	11.11%	11.54%
Operating Margin	2.85%	4.53%	4.71%	-0.01%	4.67%	3.13%
Profit Margin	1.93%	3.13%	2.56%	-1.39%	3.32%	-0.69%
Free Cash Flow Margin	4.28%	12.08%	5.69%	-0.05%	5.97%	10.21%
EBITDA	720.55	1,066	1,259	437.52	1,063	828.12
EBITDA Margin	4.95%	7.23%	7.01%	2.61%	7.42%	7.09%
D&A For EBITDA	306.18	397.91	412.2	439.38	394.41	463.11
EBIT	414.37	668.18	846.36	-1.86	668.4	365.02
EBIT Margin	2.85%	4.53%	4.71%	-0.01%	4.67%	3.13%
Effective Tax Rate	43.92%	36.45%	41.60%	-	28.73%	144.89%
Advertising Expenses	-	136.06	205.98	184.99	111.27	90.41

Source: S&P Global Market Intelligence. Standard template. Financial Sources.