AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad: Engro Holdings Limited (ENGROH) reported a significant rise in earnings per share (EPS) to Rs29.54 during the first half of the fiscal year 2025, primarily driven by a Rs22.07 per share remeasurement gain on its thermal power facilities. The company recently conducted an analyst briefing to discuss its financial performance and outlook.
The acquisition of the tower enterprise, Deodar Private Limited, finalized on June 3, 2025, was a central topic of discussion. This purchase is anticipated to yield greater returns compared to ENGROH’s prior venture, Enfrashare. The new contracts incorporate safeguards against currency fluctuations and escalating prices, along with fixed-term agreements, offering improved earnings predictability.
Following the termination of an energy asset sale, ENGROH’s three thermal power subsidiaries have been reclassified from “available for sale” to “held to maturity” and are reflected in the company’s second-quarter financials. Regarding fertilizer operations, developments on urea exports are pending and are expected after the Rabi cropping season.