Karachi: Engro Fertilizers has disclosed its unaudited financial results for the first half of 2025, revealing changes in key financial metrics. The company’s total assets climbed to 176.02 billion, compared to 170.60 billion at the close of 2024. The increase in assets was primarily driven by a rise in current assets, which reached 83.15 billion from 77.99 billion, attributed to an escalation in stock-in-trade and loans, advances, deposits, and prepayments.
Net sales for the quarter ending June 30, 2025, amounted to 50.40 billion, translating into a big move when compared to the same period in 2024. However, the company’s net sales for the half-year period showed a very large or significant move downward, decreasing from 113.20 billion to 80.69 billion. The cost of sales also witnessed a notable decline, falling from 87.94 billion to 54.16 billion over the same period, indicating a very large or significant move.
Engro Fertilizers’ gross profit for the first half of 2025 stood at 26.53 billion, a moderate move upward from 25.27 billion in the same timeframe last year. The firm’s profit before taxation exhibited a very large or significant move upward, achieving 14.15 billion, in contrast to 14.67 billion for the same period in the previous year. The taxation expense increased, leading to a profit for the period of 8.46 billion, down from 9.43 billion, indicating a moderate move.
According to information available from the Pakistan Stock Exchange (PSX), the company’s equity experienced a moderate move downward from 47.46 billion at the end of 2024 to 42.24 billion by June 2025. This shift is largely attributed to a decrease in unappropriated profit, which saw a very large or significant move downward.
Liabilities showed an upward trajectory, with total liabilities rising to 133.78 billion from 123.14 billion. Non-current liabilities decreased slightly, while current liabilities presented a big move upward, driven by increased short-term borrowings.
The earnings per share for the half-year ending June 30, 2025, were reported at 6.34, down from 7.06 in the same period of the prior year, translating to a moderate move.
This financial report, set against a backdrop of market volatility and economic challenges, reflects Engro Fertilizers’ ongoing efforts to navigate a complex financial landscape within the designated market category.