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…

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Hubco issues one of the largest Right Shares in Pakistan Stock Exchange

Funds will be utilized to increase the company’s shareholding in China Power Hub Generation Company (CPHGC) from 26 percent to 47.5 percent”. The power generation capacity of the Company will enhance to over 3580MW after completion of all its power projects. Karachi, July 04, 2018: The largest independent power producer of Pakistan, The Hub Power Company…

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