BR Research

Engro: Out of oxygen?

Published August 17, 2012 Updated August 17, 2012 12:00am

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ENGRO CORPORATION
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(Rs mn)           1HCY12   1HCY13   chg    2QCY12   2QCY11   chg
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Sales            53,345   46,084    16%   30,403   24,236    25%
Cost of sales    40,501   33,044    23%   22,558   17,321    30%
Gross profit     12,845   13,041    -2%    7,844    6,916    13%
Other income      1,046      599    75%      479      255    88%
Finance cost      8,584    4,408    95%    4,722    2,957    60%
PAT                (135)   3,316  -104%      248    1,274   -81%
EPS (Rs)          (0.67)    6.61             0.6      2.6       
Gross margin        -76%     -72%             26%      29%      
Net margin         -100%     -93%              1%       5%      
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Source: KSE Notice