Linde Bangladesh posts 36.52% profit growth in Q1

Linde Bangladesh, a listed multinational producer of industrial and medical gases, posted a 36.52% year-on-year increase in profit in the first quarter of the current calendar year, supported by higher sales and lower operating expenses.

According to disclosures published today (7 May), the company posted a profit of Tk10.99 crore in the January-March quarter of 2026, with earnings per share (EPS) of Tk7.22. This compares with a profit of Tk8.05 crore and EPS of Tk5.29 in the same period of 2025.

Its revenue rose 9.44% to Tk59.19 crore in the quarter, up from Tk55.03 crore a year earlier.

The company also reported improvements in net operating cash flow per share and net asset value per share. According to the disclosure, net operating cash flow per share rose to Tk2.10 due to higher cash generation from operating activities, while net asset value per share increased to Tk217.53 on the back of profits earned during the period.

Previous financial disclosures showed that the company's profit fell sharply to Tk34.39 crore in 2025, with EPS of Tk22.60, compared with Tk642 crore in 2024.

The unusually high profit in 2024 was mainly driven by earnings from the sale of its subsidiary after the company divested its hard goods business.

Despite the sharp decline in annual profit, Linde Bangladesh announced a 100% cash dividend for 2025, continuing a strong payout for shareholders.

However, the dividend payout was significantly lower than the previous year. In 2024, the company declared a record 4,500% cash dividend for shareholders.

Shares of Linde Bangladesh closed 3.01% higher at Tk659.70 each on Thursday at DSE.