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Engro Fertilizers Ltd. Announces Substantial Dividends Amid High Earnings

Karachi, Engro Fertilizers Ltd. (EFERT), with a symbol code of EFERT on the Pakistan Stock Exchange, reported a trading rate of 124.81 Rs. and a daily weighted average rate of 125.30 Rs. The company, boasting a paid-up capital of 13,352.99 million Rs., declared a significant dividend of 135%, along with an additional 125% in the third interim, reflecting its strong performance. The EPS for January 2024 was notably positive at 11.54 Rs., indicating a substantial improvement from the previous year. Engro Fertilizers, listed since 2014, demonstrated a commendable market high of 130.49 Rs. in the 2022/2023 financial year.