Engro Fertilizer Limited (EFERT): 4QCY24 EPS clocked-in at PKR 7.7, DPS PKR 8.0, taking CY24 EPS to PKR 21.2 - By Foundation Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Engro Fertilizer Limited (EFERT PA) posted a profit of PKR 10.3bn (EPS PKR 7.7) in 4QCY24, against profit of PKR 11.1bn (EPS PKR 8.3) in 4QCY23, undergoing a decrease of 8% YoY. This cumulates to CY24 profitability of PKR 28.3bn (EPS PKR 21.2), up 8% YoY, vs. PKR 26.2bn (EPS PKR 19.6) in CY23.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Result is also accompanied by a final cash dividend of PKR 8.0/sh, which takes CY24 payout to PKR 21.5/sh.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In 4QCY24, PAT decreased/increased 8/20% YoY/QoQ. The decline is due to a 2.0x YoY jump in distribution costs and 5.4x YoY incline in finance cost. Profitability incr...