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Engro Fertilizers (EFERT): 4Q2024 EPS at Rs7.7, down 8% YoY (earnings lower than expectations) - By Topline Research

  • By: Topline Securities (Private) Limited

  • - Published: Monday, 10 February 2025
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Engro Fertilizers (EFERT) announced its 4Q2024 financial result today, wherein the company recorded a consolidated quarterly profits of Rs10.2bn (EPS: Rs7.7), down 8% YoY and up 20% QoQ.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">This takes 2024 earnings to Rs28.2bn (EPS: Rs21.16) up 8% YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Along with the results, the company also declared cash dividend of Rs8/share, in-line with market expectations. This takes total 2024 cash dividend to Rs21.50/share (payout 101%).</span></li></ul>

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