Earnings Report /

Engro Fertilizers: 2QCY21 Result & Analyst Briefing Takeaways

  • EFERT posted consolidated 2QCY21 NPAT of PKR4.81bn (EPS: PKR3.60), up 24% yoy.

  • During 1HCY21, EFERT sold Urea of 1.11mn tons, up 10% yoy, amid better farm economics and purchasing power of farmers.

  • EFRRT has started booking feed gas to the Enven plant at normal rate rather than concessionary rate of US$0.70/mmbtu

Intermarket Securities
29 July 2021