Karachi, Engro Powergen Qadirpur Limited (the Company) held a meeting of its Board of Directors on August 04, 2023, in Karachi, where the un-audited financial results for the half-year ended June 30, 2023, were reviewed and approved. The Board recommended an interim cash dividend of Rs. 1.50 per share, representing 15% of the share value for the mentioned period.

The Company reported revenue of Rs. 7,080,476,000 during the first half of 2023, compared to Rs. 4,260,074,000 for the same period in 2022. The gross profit for the half-year ended June 30, 2023, stood at Rs. 1,372,325,000, showing a significant increase from Rs. 426,141,000 in the corresponding period last year.

Other important decisions made during the meeting included no issuance of bonus shares or right shares, and no other entitlement or corporate action. Additionally, no price-sensitive information was provided in the announcement.

The shareholders whose names appear in the Register of Members on Wednesday, August 16, 2023, will be entitled to receive the declared dividend. To facilitate this process, the Share Transfer Books of the Company will remain closed from August 17, 2023, to August 18, 2023.

For more detailed information, the Quarterly Report of Engro Powergen Qadirpur Limited for the half-year ended June 30, 2023, will be made available through PUCARS separately and can also be accessed on the Company's website: https://www.engroenergy.com/epql.

The Company expressed its commitment to transparency and adherence to regulatory requirements while communicating this information to its stakeholders and investors.