Corporate Alert: Engro Fertilizer declares a DPS of 2.50/- per share, reports an EPS of 3.07 for the period ended June 30, 2017

Financial Results - For the half year ended

Key Financials

June, 30 2017

June 30, 2016

% Change

Net Sales

27,311,019

22,259,044

23%

Cost of Sales

18,603,290

15,670,500

19%

Gross Profit

8,707,729

6,588,544

32%

Selling and Distribution Expenses

3,152,943

1,780,571

77%

Administrative Expenses

441,403

4,391,319

-90%

Other Income

3,274,706

2,067,028

58%

Other Operating Expenses

621,610

419,805

48%

Finance Cost

1,300,055

1,563,542

-17%

Profit before Taxation

6,466,424

4,475,000

45%

Taxation

2,364,376

1,681,659

41%

Profit for the Period

4,102,048

2,793,341

47%

Un-appropriated profit brought forward

25,172,422

26,129,716

-4%

Final Cash Dividend for the year ended December 31, 2015 @ Rs. 3.00 per share

-

(3,991,797)

Final Cash Dividend for the year ended December 31, 2016 @ Rs. 2.50 per share

(3,338,251)

-

Profit Available for appropriation

25,936,219

24,930,260

4%

Earnings per share - basic

3.07

2.10

46%

Earnings per share - diluted

3.07

2.04

50%