Engro Fertilizer Limited (EFERT): CY24 Analyst briefing takeaways - By Insight Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Engro Fertilizer Limited conducted analyst briefing to discuss its financial results. We have summarized the following key takeaways from the briefing:</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In CY24, EFERT&rsquo;s profitability has witnessed an increase of 7.9% YoY, to clock in at PKR28.2bn (EPS: PKR21.2), compared to PKR26.2bn (EPS: PKR19.61) in SPLY. This increase is mainly attributable to better product prices.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">On higher selling and distribution expense in 4QCY24, management commented its attributable to reclassification of cost from COGS to S&amp;D expense coupled with higher inventory holding...