Karachi, January 31, 2020: Engro Fertilizers welcomes the decision of Government of Pakistan to reduce GIDC on urea. In line with the decision and to support the valued farmers of the country. Engro Fertilizers has decided to fully pass on the benefit of change in GIDC rates by announcing a 160/bag reduction in urea prices,…
Karachi, December 03, 2019: Engro Polymer & Chemicals Limited and WaterAid Pakistan have signed a Memorandum of Understanding (MOU) to establish a long-term collaboration between the Parties to jointly explore potential opportunities and execute projects in the Water Sanitation and Hygiene (WASH) sector in Pakistan that contribute towards water conservation and improvement of health & hygiene of…
Karachi, November 28, 2019: Engro Fertilizers Limited has been presented with yet another accolade in the light of its valid Protect & Sustain certificates and participation in IFA’s recent safety, environment, and energy benchmarks. IFA’s new President Mostafa Terrab presented Nadir S. Qureshi, CEO Engro Fertilizers Ltd, with a symbolic Gold Medal at Annual Strategic Forum held in Paris-Versailles at the…
Karachi, September 16, 2019: U.S. Ambassador Paul W. Jones, Chargé d’Affaires a.i., was welcomed by Engro Corporation President Ghias Khan when he visited Engro Elengy Terminal Limited, accompanied by the U.S. Consul General and Chairman Port Qasim Authority, on Monday, September 16. There, Ambassador Jones came aboard the country’s first Floating Storage and Regasification Unit (FSRU), brought…
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…