Engro Holdings Limited (ENGROH): 1HCY25 EPS clocked-in at PKR 29.5 (up 5.3x YoY) – By Foundation Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Engro Holdings Limited (ENGROH PA) reported a profit of PKR 69.3Bn (EPS: PKR 28.0) in 2QCY25 (up 11.3/17.1x YoY/QoQ) against profit of PKR 6.1Bn (EPS: PKR 4.0) in 2QCY24. This cumulates into profitability of PKR 73.3Bn (EPS: PKR 29.5), up 5.3x YoY, during 1HCY25.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">ENGROH&rsquo;s PAT underwent a jump of 11.3x YoY in 2Q to PKR 69.3Bn due to thermal asset adjustments and re-measurements. However, excluding thermal asset adjustments, normalized PAT stood at ~PKR 1.3Bn, reflecting the true underlying business performance. During 1HCY25, PAT reached PKR 73.3Bn versus PKR 13.8Bn in SPLY, recording a 5.3x YoY increase.</span></li></ul>