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Engro Fertilizers Limited (EFERT): 4QCY24 Corporate Briefing Takeaways - By IIS Research

  • By: Ismail Iqbal Securities (Pvt.) Limited

  • - Published: Friday, 14 February 2025
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Engro Fertilizers Limited held its corporate briefing today to discuss the financial results of CY24 and future outlook of the company. Key highlights of the briefing are follows.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">To recall, in 4QCY24 the company has posted consolidated earnings of PKR 7.7/share (PKR 21.16/share in CY24). Alongside the result, the company announced a cash dividend of PKR 8.00/share (PKR 21.50/share in CY24).</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The company highlighted the YoY improvement in annual performance, from revenue to EPS. However, quarterly results showed a 7.8% YoY decline in PAT, driven by discounts ...

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