ISLAMABAD, Apr 25 (APP): Engro Corporation’s revenue from continued operations grew by 45% to Rs 104.3 b
illion versus Rs 72.1 b
illion in 2023, as per Q1 results announced on PSX.
Consolidated PAT of Q1 stood at Rs 10.4 b
illion (EPS 10.66) versus Rs 8.8 b
illion in 2023, said a news release.
Higher profitability on account of higher fertilizer sales, improved margins, efficient plant operations, higher earnings from dollar-denominated businesses, and efficiencies derived through cost optimization.
Alongside the results, the Company announced first interim cash dividend of Rs 11 per share.