Earnings dented by lower-than-expected gross margins
Increase comes on back of rise in net sales of the company
Engro Foods joins hand with IFC to promote sustainable living for dairy farmers
Profit-after-tax reported at Rs209.97m for April-June
Director says company committed to play its role in bringing economic stability, empowering nation
Gross margins are the worst for a second-quarter result
EPS fall to Rs0.43 during Jan-Mar, down from Rs1.45 in 2016
Company earned Rs2.38b in 2016 compared to Rs3.16b in previous year
Govt has imposed 17% tax on inputs of dairy sector, slapped additional 25% regulatory duty on imported powdered milk
Benchmark KSE 100-share Index settles at record high of 47,210