Corporate Alert: Engro Corporation announces Financial Results; Dividend and Royalty Income increases by 52 percent YoY, PAT decreases by 79 percent YoY, EPS 7.84/- & DPS 7/- for the period

Unconsolidated Profit and Loss Account - For the Six Months Ended

Key Financials

Jan - June, 2017

Jan - Jun, 2016

% Change

Amounts

Dividend and Royalty Income

5,828,500

3,842,506

52%

Admin: Expenses

506,297

550,911

-8%

Other Income

2,152,429

16,630,583

-87%

Other Operating Expenses

2,980

1,287

132%

Finance Cost

277,355

281,568

-1%

Profit before Taxation

7,194,297

19,339,472

-63%

Taxation

3,089,268

299,851

930%

Profit/(loss) after taxation

4,105,029

19,339,472

-79%

Earnings per share - basic and diluted

7.84

36.92

-79%

Add: Unappropriated Profit brought forward

61,307,059

13,585,382

351%

Less: DPS of 7/- for the year ended 31, 2015

-

3,666,493

-100%

Less: First Interim DPS of 5/- for the year ended 31, 2016

-

2,618,925

-100%

Less: DPS of 4/- for the year ended 31, 2016

2,095,140

-

Less: First Interim DPS of 5/- for the year ended 31, 2017

2,618,925

-

Profit available for Appropriation

60,698,023

26,639,436

128%