Engro Corp

Expansion plans include looking at telecoms infrastructure in Middle East, North Africa, and Central Asia

Engro urges corporations to streamline inclusivity and diversity to create equal opportunities for all

Substantial increase in earnings from subsidiaries prop up company’s profit

No doubt Pakistan’s private sector can make significant contributions to economic, environmental & social development

Increase comes on back of jump in other income

Conglomerate declares dividend of Rs8 per share

Result below expectations even as net sales rise

Company is looking to sell minority stake in its Karachi-based LNG import terminal

Profit falls due to one-off boost from sale of foods unit last year

Engro Foods revenues not consolidated as it becomes associated firm

Engro Corp has appointed Bond Advertising as its advertising agency following a review

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

Board recommends interim cash dividend of Rs5 per share

EPS amounts to Rs16.93, earnings clock in at Rs11.3b

Announces interim cash dividend of Rs7 per share

Benchmark KSE-100 index posts increase of just 7.35 points

Conglomerate’s strategy to rely on inter-corporate financing despite record low interest rates

Its shareholding in Engro Fertilizers now reduced to 56.6%; deal part of strategy to focus on power-related projects

Company's shareholding in its fertiliser-manufacturing subsidiary has been reduced to 56.6% following the transaction

Company’s move signals intent of expansion in energy sector

Says government subsidy is the way to aid helpless farmers