Tag: Engro

Engro Foods announces profit of Rs891 million

Board of directors of Engro Foods Limited has announced a profit after tax of Rs891 million for the year ending on December 31, 2011...

Jittery KSE gains 54.89pts on Zardari’s return

After a beat down in the last two consecutive sessions, local bourse posted a recovery in today’s session albeit a weak one. Return of...

Fertiliser sector mutes optimism, KSE ends flat

The benchmark KSE-100 index closed flat (gaining 0.1 per cent) after rallying as much as one per cent earlier in the day. Market opened...

Engro undergoes executive level changes

Engro Corporation has made some executive level changes on the helm of its subsidiaries, Engro Powergen Qadirpur Limited, Engro Fertiliser Limited and Engro Polymer...

Engro Foods posts profit of Rs408m in 9MCT11

Engro Foods Ltd. held an analyst briefing yesterday to discuss their 9MCY11 results, which were released on 20th October 2011. During 9MCY11, the company...

USAID and Engro join hands to improve cold chain for dairy...

The United States Agency for International Development (USAID) through the Mennonite Economic Development Associates (MEDA) and its local implementing partner Engro Foundation will be...

Engro compelled to sell 45pc shares of Engro Foods

The devaluation of heavy investment along with production crisis due to gas curtailment has compelled Engro Corporation to sell up to 45 per cent...

Financial costs burdening Engro

In 1957, an Esso/Mobil joint venture discovered the Mari Gas field near Dharki, Sindh. Esso proposed the establishment of a urea plant in that...

NA seeks Engro, KESC agreement copies

The National Assembly Committee on Petroleum has sought from the Ministry of Petroleum copies of agreements with the fertiliser company, Engro and power utility...

CEO Engro delivers talk

Engro Corporation Ltd. CEO Asad Umar delivered a talk on “Agenda for Private Sector Reform”, organised by The English Speaking Union of Pakistan at...

Engro Rupiya Certificate is the ‘Best Transaction of 2010’

Engro Rupiya Certificate (ERC) has been acknowledged as the “Transaction of the year 2010” by the CFA Association of Pakistan. The CFA Association recognised...

CCP imposes Rs10m fine on Engro Vopak Terminal

The Competition Commission of Pakistan (CCP) on Friday imposed a penalty of Rs10 million on the Engro Vopak Terminal Limited (EVTL) for violating competition...

Engro commissions $1.1b urea plant

Engro Fertilisers Limited has announced the commencement of commercial operations at its new fertilizer facility in Daharki. Engro’s new plant, set up at a...

Engro’s stock price depreciating

Issues like gas curtailment and magnifying debt servicing are taking their toll on the stock price of Engro Corporation Limited (ENGRO). Because of this...

CCP issues show-cause notice to Engro Vopak Terminal Limited

ISLAMABAD - The Competition Commission of Pakistan (CCP), on Monday, issued a show-cause notice to Engro Vopak Terminal Limited (EVTL), for alleged imposition of unfair trading conditions.
A statement of CCP said that a formal complaint was lodged by Lotte Pakistan PPTA Limited (LP) against EVTL. In its complaint, LP alleged that EVTL was abusing its dominant position by charging an exorbitant price for its handling and storage facilities.
The CCP conducted a comprehensive

Engro permitted greater gas allocation for new plant

KARACHI - The federal government has allowed the Engro Corporation to fulfill much of the energy needs of its new urea plant from the provision of natural gas. According to industry sources, the federal government has given the green light to the emerging conglomerate to cater to up to 80 percent of its energy requirements through gas for its newly developed urea plant.
Market analysts opine that a green signal from the government would help Engro commence test production at its

Engro Foods arranges beach carnival

KARACHI
To celebrate the launch of Omor