Engro Corporation profit-after-tax increases by 65pc in 6 months

17 Aug, 2018

KARACHI: Engro Corporation (PSX: ENGRO) has posted a consolidated profit-after-tax of Rs 11,055 million; up by 65 percent for last six month ending June 30, 2018.

The profit-after-tax attributable to the shareholders increased to Rs 6,091 million from Rs 3,777 million during comparative period last year, said a statement on Thursday.

The Engro Corporation concluded the first half of 2018 with revenue of Rs 71,733 million; registering 37 percent increase against Rs 52,241 million for the same period of last year. The increase was primarily driven by improved fertilizers and petrochemicals performance.

Copyright APP (Associated Press of Pakistan), 2018

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