KARACHI: Engro Corporation’s revenue from continued operations grew by 12 per cent to Rs279 billion, compared to Rs250 billion in the same period of 2023.
Consolidated profit after tax (PAT) attributable to shareholders from continued operations stood at Rs10.6 billion (EPS: Rs19.68), up from Rs9.9 billion (EPS: Rs18.13) last year.
Higher profitability is primarily driven by responsive pricing strategies and cost optimisation, stated a press release.
The company also announced an interim cash dividend of Rs5 per share in the third quarter. This payout is in addition to the Rs19 per share dividend already announced in the first half, bringing the cumulative nine-month dividend to Rs24 per share.
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