Engro Fertilizers : Financial Results for the first Quarter Ended March 31, 2024
April 18, 2024 at 06:30 am EDT
Share
April 18, 2024
The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building
Stock Exchange Road
Karachi
Subject:
ANNOUNCEMENT OF FINANCIAL RESULTS
FOR THE FIRST QUARTER ENDED MARCH 31, 2024
Dear Sir/Madam,
We would like to inform you that the Board of Directors of Engro Fertilizers Limited (the "Company") in their meeting held on April 18, 2024 at 10:00 a.m. at Karachi, reviewed and approved the un-audited consolidated and standalone financial results of the Company for the first quarter ended March 31, 2024, and recommended the following:
CASH DIVIDEND
An Interim Cash Dividend for the first quarter ended March 31, 2024 at Rs. 8.00 per share i.e. 80%.
BONUS SHARES NIL
RIGHT SHARES NIL
ANY OTHER ENTITLEMENT / CORPORATE ACTION NIL
ANY OTHER PRICE-SENSITIVE INFORMATION
The un-audited consolidated and standalone financial results of the Company for the first quarter ended March 31, 2024 are attached as Annexure "A" & "B".
The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on Tuesday, April 30, 2024.
BOOK CLOSURE DATES
The Share Transfer Books of the Company will be closed from Thursday, May 02, 2024 to Friday, May 3, 2024 (both days inclusive). The transfers received in order at the office of the Company's share registrar, M/s. FAMCO Share Registration Services (Private) Limited, 8-F, near hotel Faran, Block 6, PECHS, Shahra-e-Faisal, Karachi PABX Nos. (92-21)34380101-5 and email info.shares@famcosrs.com.pkby the close of business (5:00 p.m.) on Tuesday, April 30, 2024 will be treated in time for the purposes of payment of an interim cash dividend to the transferees.
The Quarterly Report of the Company for the first quarter ended March 31, 2024 will be transmitted through PUCARS separately, within the specified time and shall also be made available on our website www.engrofertilizers.com.
NIC Building, 63 Jinnah Avenue, Blue Area vIslamabad
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Engro Fertilizers Limited is a Pakistan-based company engaged in the manufacturing, purchasing, and marketing of fertilizers, seeds and pesticides and providing logistics services. The Company's segments include urea, specialty fertilizers business, and others. Its fertilizers segment has a portfolio of fertilizers that focuses on balanced crop nutrition and improved crop yields, including Engro Urea and Di-Ammonium Phosphate (DAP), which consists of various brands among Pakistani farmers. Its nitrogen fertilizers consist of engro urea, engro zabardast urea, and engro ammonium sulphate. Its phosphatic fertilizers consists of engro dap, engro np plus, engro zorawar. Its potash fertilizers offer engro zarkhez, engro zarkhez plus, engro zarkhez khaas, engro mop, and engro sop. Its micronutrient fertilizers include engro zingro and engro zoron. The water soluble fertilizers provides engro potash power and engro phos power.