Engro Fertilizers Limited. (EFERT): 1QCY25 Result Review Lower volumes & elevated finance cost dent earnings prices - By AKD Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Engro Fertilizers Limited. (EFERT) announced its 1QCY25 financial results, where the company reported consolidated earnings of PkR2.9bn (EPS: PkR2.2), down 63%YoY from PkR7.8bn (EPS: PkR5.8) in SPLY. The said decline is primarily attributed to lower offtakes and increased finance cost. The result came in line with our expectations. Alongside the result, company announced an interim cash payout of PkR2.25/sh.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Revenue clocked in at PkR30.3bn, down 59%YoY from PkR73.8bn in SPLY, driven by a 58%/71% YoY decline in Urea and DAP offtakes, respectively.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Gross margi...