In a significant move on May 3, 2024, the boards of Engro Corporation Limited (Engro Corp) and DH Corporation Limited (DH Corp) approved a restructuring plan involving, aiming to optimize capital allocation and enhance shareholder returns.
April 04, 2024, Karachi: Engro Energy Limited, a subsidiary of Engro Corporation Limited, has recently inked a significant Share Purchase Agreement (SPA) with Liberty Power Holding (Pvt.) Limited and a consortium, marking the sale of its thermal energy assets portfolio.
Karachi, February 26 – Engro Corp, a leading Pakistani conglomerate, has announced a robust 35% growth in revenues, reaching PKR 482 billion in 2023.
Karachi, January 31, 2024 – Engro Corporation, a prominent business conglomerate in Pakistan, has made a significant leadership announcement with the appointment of Ahsan Zafar Syed as President & CEO Designate.
Engro Corporation (ENGRO) Thursday reported a 41% decline in profits for the first quarter of 2023, falling short of industry expectations. According to analysts at Topline Securities, the company recorded earnings of Rs8.8 billion (Earning per share: Rs8.07), which is a decrease of 41% YoY and 43% QoQ. Despite the disappointing financial results, the company […]
Engro Foundation, the social investment arm of Engro Corporation, has announced National Disability and Development Forum (NDF) and ConnectHear as the two recipients of I Am The Change (IATC) Impact Awards 2022.
KARACHI: Engro LNG Terminal has helped Pakistan to save around $3 billion through import substitution of furnace oil, according to a statement issued Thursday.
KARACHI: With growing consumer awareness about new construction materials and sustainability, the PVC downstream market in Pakistan is expected to witness an upward trend in the coming years. A recent report by PACRA expects the local construction industry to record growth of 6 percent this year. Over the next seven years, the sector is expected […]
KARACHI: Engro Corporation on Wednesday massive increase in profit to Rs16.6 billion for the half year ended June 30, 2022. Pakistan’s premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the first half of the year ending June 30, 2022. READ MORE: Allied Bank’s tax payment grows 121% in 1HCY22 Engro Corporation’s standalone […]
KARACHI: Engro Eximp FZE, a subsidiary of Engro Corporation, on Wednesday announced that it entered into a Memorandum of Understanding (MOU) with Excelerate Energy, Inc. (NYSE: EE) (Excelerate), a leading provider of flexible LNG infrastructure solutions around the world, related to the development of a private sector gas marketing business in Pakistan. Under this MOU, […]