Engro Corporation 2.84 billion profit in the first quarter

Karachi: Engro Corporation Limited has achieved pre-tax profit of Rs 2.84 billion for the first quarter of fiscal year 2017. Engro Corporation Limited financial year Earnings per share for the period of 2017 to 5.42 rupees was recorded, year Engro income compared to 2016, 23 percent less than last year, 7.05 per shares calculation to 3.69 billion revenue recorded a. The company declared an interim cash dividend of Rs 5 per share calculation.

The income of the landed However, sales revenue 22,499 billion is the most important fertilizer sector Engro Fertilizer Sales 3 months because of a decline in sales company with 33 percent in the quarter compared to last year on market expectations fell 20 percent, gross margin remained stable at 30% despite the He said that thanks to the reduction in sales costs were reduced by 6% improvement was seen in the company's operational efficiencies while finance costs.