Engro Polymer earns Rs4.93bn

Published February 1, 2019
Increase in profit is driven by better volumes, higher realised delta in PVC and favourable rupee parity.— Photo courtesy of Engro
Increase in profit is driven by better volumes, higher realised delta in PVC and favourable rupee parity.— Photo courtesy of Engro

KARACHI: Engro Polymer and Chemicals Ltd (EPCL) announced PAT at Rs4.93bn and EPS at Rs6.22 for the year ended Dec 31, 2018, representing a growth of 141pc over earnings of Rs2.05bn and EPS Rs2.93 last year.

Increase in profit was driven by better volumes, higher realised delta in PVC and favourable rupee parity during the year. Along with the results, the company announced dividend at Rs0.30 per share, taking the full year payout to Rs1.10 per share.

Lucky Cement posts Rs6.14bn PAT: The company reported 1HFY19 consolidated profit after tax (PAT) at Rs6.137 billion and earnings per share (EPS) at Rs17.92.

This represented a plunge of 28.45pc over earnings of Rs8.577bn and EPS Rs24.47 from same period last year.

FFC profit jumps: The FFC declared CY18 PAT at Rs14.44bn (EPS: Rs11.35), up 35pc, from profit of Rs10.71bn (EPS: Rs8.42) last year accompanied by a final cash dividend of Rs3.90, in addition to Rs4.95 already paid.

Published in Dawn, February 1st, 2019

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Afghan hostilities
Updated 28 Feb, 2026

Afghan hostilities

The need is for an immediate ceasefire and substantive negotiations, with the onus on the Taliban to rein in cross-border attacks.
Cutting taxes
28 Feb, 2026

Cutting taxes

PRIME Minister Shehbaz Sharif’s plan to cut direct taxes for businesses in the next budget acknowledges the strain...
KCR challenge
28 Feb, 2026

KCR challenge

THE Karachi Circular Railway is being discussed again. It seems that the project, or, rather, the hopes of it, are...
A collective effort
Updated 27 Feb, 2026

A collective effort

CONSIDERING the relentless wave of terrorist attacks Pakistan has been facing over the past few weeks, the...
Criminalising criticism
27 Feb, 2026

Criminalising criticism

ISLAMABAD seems to have developed quite a thin skin. A letter sent to the prime minister on Wednesday by leading...
Utter chaos
27 Feb, 2026

Utter chaos

THE PTI is in disarray. The lack of discipline within its ranks, which it has long refused to address, is finally...