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Submitted By naim0084
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Heidelberg Cement Bangladesh Ltd is one of the largest producers of quality cement in Bangladesh. It is a member of the Heidelberg cement group, Germany. In Bangladesh it represents two reputed brands, Ruby Cement and Scan Cement. Heidelberg established it's presence in Bangladesh in 1998 by setting up a floating terminal with onboard packing facilities in the port of Chittagong and by distributing cement to the key markets of Dhaka and Chittagong. In 1999, Heidelberg built a Greenfield manufacturing plant near Dhaka namely, Scan Cement International Limited with an installed capacity of 0.750 million tons per year. In 2000, the company bought a minority position at Chittagong based company namely, "Chittagong Cement Clinker Grinding Co. Ltd" quickly followed by the acquisition of a controlling stake. In 2003, the two companies were amalgamated and the company's name was changed to Heidelberg Cement Bangladesh Limited. Since 2004, the company has diversified its product range by introducing Portland Composite Cement into the market. The company also produces other types of cement namely Ordinary Portland Cement. It is now enlisted at the Dhaka Stock Exchange (DSE) by the name "HEIDELBCEM".

Heidelberg Cement Bangladesh Ltd. Income Statement For the year ended in Dec31,2012 | | | | Figures in Thousand tks. | | | 2009 | 2010 | 2011 | 2012 | | | | | | | Sales | | 7,207,245.00 | 8,321,771.00 | 8,516,206.00 | 10,885,154.00 | Cost of Goods Sold | | (5,414,655.00) | (6,348,423.00) | (7,175,151.00) | (8,801,998.00) | Gross Profit | | 1,792,590.00 | 1,973,348.00 | 1,341,055.00 | 2,083,156.00 | Other operating income | | 5,667.00 | 16,941.00 | 18,511.00 | 28,711.00 | Warehouse,

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