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Engro Fertilizers (EFERT): Corporate Briefing Takeaways - By Sherman Research

  • By: Sherman Securities (Pvt.) Ltd.

  • - Published: Thursday, 24 April 2025
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Engro Fertilizers (EFERT) conducted its corporate briefing today to discuss 1QCY25 financial result and future outlook.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">During 1QCY25, the company posted consolidated net earnings of Rs2.9bn (EPS of Rs2.2) as compared to net earnings of Rs7.8bn (EPS of Rs5.8) during same period last year, down by 63%YoY. Along with the result, company announced interim cash dividend of Rs2.25/share.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">On lower industry urea sales of 1.1mn MT (down 40%YoY) during the quarter, the company mentioned that it was mainly due to weak farm economics due to lower crop support prices,...

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