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

Punjab Farmers Face Climate Challenges Amid Irregular Rainfall & Intensified Heat

Punjab, often dubbed Pakistan's food basket, grows major crops like wheat, rice, sugarcane, maize, and…

11 minutes ago

Mexican Activist Survives Assassination Attempt, Described as ‘Living Miracle’

Activist Erik Saracho, a defender of Mexican jaguars, was described as a "living miracle" during…

1 hour ago

Ancient Cave, Hippo Bones Unearthed in Welsh Castle Site

Archaeologists at Pembroke Castle in Wales announced a groundbreaking discovery on Thursday. They found a…

5 hours ago

Energy Minister Resigns Amid Coal Import Probe in Sri Lanka

Energy Minister Kumara Jayakody and ministry secretary Udayanga Hemapala resigned on Friday amid protests over…

5 hours ago

Former Taliban Finance Chief Detained in Kandahar, Accused of Alleged Crimes

Former senior Taliban official Mullah Mutasim Agha Jan reportedly detained in Afghanistan's southern Kandahar province.…

5 hours ago

PTCL Signs Strategic Partnership Agreement with Indus Cloud to Deliver Huawei Cloud Stack in Pakistan

Islamabad – April 17th, 2026: Pakistan Telecommunication Company Limited (PTCL) has signed a strategic partnership…

5 hours ago