Karachi, Engro Fertilizers Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on July 29, 2021.
The agenda of the meeting was discussion of consolidated profit and loss account for quarter ended June 30, 2021 which portrayed a profit of Rs. 4,809,676 with earnings per share 3.60 basic and diluted respectively.
Further, 40% payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from September 14, 2021 to September 20, 2021 (both days inclusive).
Engro Fertilizers Limited is a Public Limited Company incorporated on June 29, 2009 in Pakistan, as a wholly owned subsidiary of the Parent Company namely as Engro Corporation Limited, which is a subsidiary of Dawood Hercules Corporation Limited.
The principal activity of the Holding Company is manufacturing, purchasing and marketing of fertilizers, seeds and pestisides and providing logistics services.
The Shares of the Company are 1,335,299,375. The Earnings per shares of the company is 12.59 in 2020 which was 13.90 in 2019. Their Profit after Taxation is 16,815,312,000 in 2020 which was 18,562,914,000 in 2019.