External broker reports(aggregated public sources), Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

Engro Polymer & Chemicals  / Equity Bottom-Up

<ul><li>Engro Polymer (EPCL) reported consolidated profit of Rs2.6bn (EPS of Rs2.91) up 17% YoY in 3Q2023. This came higher than industry expectations due to higher than expected sales.</li><li>It takes 9M2023 consolidated earnings to Rs5.4bn (EPS: Rs5.93), down 42% YoY.</li><li>Along with the result, EPCL also announced a interim cash dividend of Rs2.5/share in 3Q2023, taking total payout for 9M2023 to Rs5.0 per share.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Engro Polymer (EPCL) reported consolidated profit of Rs2.6bn (EPS of Rs2.91) up 17% YoY in 3Q2023. This came higher than industry expectations due to higher than expected sales.It takes 9M2023 consolidated earnings to Rs5.4bn (EPS: Rs5.93), down 42% YoY.Along with the result, EPCL also announced a interim cash dividend of Rs2.5/share in 3Q2023, taking total payout for 9M2023 to Rs5.0 per share.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Engro Polymer (EPCL): Earnings Higher than Industry Expectations