The Accountability Court has honourably exonerated and acquitted our Chairman Mr. Hussain Dawood, Director Mr. Abdul Samad Dawood, and former CEO Mr. Sheikh Imran ul Haq, in the award of the LNG contract to Engro Elengy Terminal Limited, as no evidence was found to prove any illegality, irregularity, or loss to the national exchequer. Engro…
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for Q1, 2024, delivering a strong topline growth of 21% (PKR 27.5 billion compared to PKR 22.7 billion in the same period last year) despite the challenging operating environment and economic slowdown. This increase was fueled by volume growth and relevant consumer offerings. The Company witnessed…
In a bid to support the Government’s efforts to ensure urea availability at official prices, Engro Fertilizers has urged its dealers to comply with company guidelines on pricing and strictly ensure product availability to the farmers To enforce guidelines of selling Urea at MRP, Engro Fertilizers hosted dealer conferences in Lahore, Multan and Hyderabad. Addressing…
Engro Polymer & Chemicals (EPCL), a subsidiary of Engro Corporation, along with Engro Foundation partnered with Descon Technical Institute to train the first batch of women forklift operators of Pakistan. This initiative is in line with Engro’s commitment to cultivating an inclusive culture, extending its impact to a broader community spectrum. The training program, Umeed-e-Nouh,…
On a consolidated basis, Engro Corporation’s revenue grew by 35% to PKR 482 billion in 2023, while consolidated PAT before accounting impact due to remeasurement of thermal energy assets increased to PKR 66 billion versus PKR 46 billion last year, recording an EPS of PKR 63.01. Major variance is attributable to higher urea sales, efficient…
