Engro Polymer Chemicals Announces Robust Growth in Karachi

Karachi, Engro Polymer Chemicals Limited (EPCL), a key player in Pakistan's chemical sector, has reported a substantial increase in earnings per share (EPS) for the year ending January 2024. The company's EPS stood at Rs. 12.39, a significant rise from the previous year. This growth is reflected in its daily weighted average rate of Rs. 45.92 and today's rate of Rs. 46.48. EPCL, listed in 2008, has a paid-up capital of Rs. 9,089.23 million. The company has announced a distribution of 125% for the year 2022 and 50% (III) for the year 2023/2024. The stock has seen a high rate of Rs. 49.79 and a low rate of Rs. 12.39* during this period.