Advertisement
Categories: BusinessNewsPakistan

Engro Corp reports solid 9-month results

Advertisement

Engro Corporation’s revenue from continued operations grew by 12% to Rs. 279 billion, compared to Rs. 250 billion in the same period of 2023.

Consolidated profit after tax (PAT) attributable to shareholders from continued operations stood at Rs. 10.6 billion (EPS: Rs. 19.68), up from Rs. 9.9 billion (EPS: Rs. 18.13) last year. Higher profitability is primarily driven by responsive pricing strategies and cost optimization.

The Company also announced an interim cash dividend of Rs. 5 per share in third quarter. This payout is in addition to the Rs. 19 per share dividend already announced in the first half, bringing the cumulative nine-month dividend to Rs. 24 per share.

Advertisement
News Desk

Recent Posts

Sarah Ferguson and Andrew Mountbatten Windsor spotted in old family photo

In 1993, just days before their marriage ended in divorce, Sarah Ferguson and her ex-husband,…

23 minutes ago

Berlin Film Festival Opens With Diverse Lineup

Berlin Film Festival Highlights As Political Narratives Take Center Stage The 76th edition of the…

29 minutes ago

Madison Chock calls for vetting of ice dance judges after controversial Olympic win

The ice dance competition of the 2026 Winter Olympics has concluded, but Madison Chock and…

44 minutes ago

Achakzai announces peaceful sit-in outside Parliament House today

ISLAMABAD – Opposition leader Mehmood Khan Achakzai has announced a peaceful sit-in outside Parliament House…

55 minutes ago

Former Prince Andrew Linked to Epstein’s Victims Network

In the shadowy corridors of 1990s royal intrigue, Buckingham Palace served as a clandestine playground…

1 hour ago

Sindh University Pro-Vice-Chancellor Suspended Over Social Media Videos

Professor Azhar Shah, the Pro-Vice-Chancellor of the University of Sindh's Dadu campus, has been placed…

1 hour ago