Engro

Expansion plans include telecoms infrastructure in ME, North Africa, and Central Asia

Initiative aims to boost investment opportunities, streamline strategies

Research predicts company shares to hit Rs490 by Dec 2024

Attributes delay to import challenges, foreign exchange crisis

SSWMB, Engro sign MoU for feasibility study of solid waste fuel plant

Government unable to take decision regarding excess capacity of LNG terminal

Sets up platform focused on connectivity, infrastructure-related initiatives

Company had posted a loss of Rs954.9m in 2019

Company declares cash dividend of Rs10 per share

Company also announces final cash dividend of Re1 per share

Company reports loss per share of Rs1.25 in 2019

Increase comes on back of jump in other income

Earnings dented by lower-than-expected gross margins

Companies reach milestone of the world’s fastest 250 ship-to-ship transfers of LNG

PML-N leader says he had been cooperating with NAB investigation team and had been answering its questions

Decrease mainly due to higher finance cost, other operating expenses

Terminal operator Engro insists it will earn only $150m over 15 years

Engro paid bonus shares in proportion of 10 shares for every 100 shares

Increase comes on back of rise in net sales of the company

With the financing, the company will expand PVC production plant

Becomes second Netherlands company to invest in Engro businesses in two years

Plans to shift towards pure oxygen-based VCM technology

For expansion of its production plant of PVC

Robust sales, contribution by fertiliser business aided growth

Earlier, cabinet decided to conduct an audit and renegotiate terms with LNG terminal operators

Earnings per share remain unchanged at Rs1.25

Refutes claims that the income of locals has been adversely affected by the project

Currently, local production does not satisfy demand due to which 10-15% is imported

Increase comes on back of higher sales and reduced tax

Engro will reinvest sale proceeds with focus on agriculture, renewable energy and technology

Engro Elengy does not have a monopoly in the LNG industry

Earnings stand at Rs6.83 billion in the quarter ended March 2018

Is finalising plans for the facility that will have 4.5m-ton capacity

Government requested to form a one-window setup to steward this endeavour

Decline in sales and surge in finance cost lead to the drop

It earns Rs2.42b in Apr-Jun quarter, plans to challenge the tax in court

Earnings per share increase to Rs0.30 in quarter ended June 2017

Company declares interim cash dividend of Rs2.5 per share

SECMC officials say 14.2% of total work has been completed since April 2016

Decision comes as investors adopt latest technology, production cost falls

Development comes as govt refuses to restore zero-rating tax facility for dairy industry

It is in talks with five companies to market imported products in Pakistan

Share price declines as cash dividend disappoints investors

Earnings per share decline to Rs6.98 in 2016 compared with EPS of Rs11.14 in 2015

Partnership opportunities with the government to bring the local dairy industry at par with international standards

Engro Fertilizers CEO says inventory costs will come down with the start of exports

Decides to import another 200 mmcfd, at present it is receiving 500 mmcfd

Engro Corp also says that it has not made any decision to buy shareholding in company

Deal will take place at Rs120 per share, a discount of 26% to Engro Foods’ share price of Rs163 last week

Argues fertiliser producer has not paid GIDC, filed court cases against govt