Engro Fertilizer profit down 2.5pc
Karachi, August 8, 2019: Engro Fertilizer (EFERT) posted earnings of Rs3.2 billion (EPS Rs2.38) down 2.5 percent YoY mainly on the back of higher other operating expenses and finance cost. On a cumulative basis during 1HCY19 earning remained flat at Rs7.18 billion (EPS: Rs5.38). According to Topline, consolidated gross margins of the company increased by…