Engro Polymer and Chemicals Reports High Earnings and Distribution Increase

Karachi, Engro Polymer and Chemicals (EPCL), listed on the Pakistan Stock Exchange, reported an earnings per share (EPS) of Rs. 42.8 for the fiscal year 2022/2023. The company, which debuted on the exchange in 2008, announced a significant dividend increase to 125% from last year's 60%. The shares traded at a closing rate of Rs. 46.53 compared to the daily weighted average of Rs. 46.42.