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Engro Polymer & Chemicals Limited (EPCL): Corporate Briefing Notes - By Chase Research

  • By: Chase Securities Pakistan (Private) Limited

  • - Published: Thursday, 13 February 2025
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In CY24, Engro Polymer &amp; Chemicals Limited (EPCL) reported a net loss of PKR 160.58 million (LPS: PKR 0.40), compared to a net profit of PKR 8.93 million (EPS: PKR 9.12) in the previous year.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Revenue declined by 7% YoY to PKR 75.71 billion, primarily due to lower international PVC prices, partially offset by higher domestic sales of caustic soda and PVC. Exports declined by 50% YoY to USD 13 million. The drop in EBITDA was attributed to a lower core delta and higher gas prices.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The higher margins in Q4 resulted from a reassessment of the useful life ...

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