Engro Holdings (ENGROH): 4Q2024 EPS at Rs5.42, up 10x YoY - Earnings lower than industry expectations - By Topline Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Engro Holdings (ENGROH) announced its 4Q2024 results today, reporting a profit attributable to equity owners of Rs6.5bn (EPS of Rs5.42), down 10x YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">This took 2024 earnings to Rs12.8bn (EPS of Rs10.70) down 14% YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">To note, these are results of Dawood Hercules (DAWH), while the results of Engro Holding (post transaction) will be shared from Mar quarter onwards as effective date of the transaction structure was Jan 01, 2025.</span></li></ul>