Karachi October 18, 2021 : Engro Polymer and Chemical Limited (EPCL) declared dividend of PKR3.0 per shar-e. This is in an addition to interim cash dividend already paid at Rs. 7.80 per share.
The Company recorded an increase in revenue of Rs. 26.391 Million as compared to 9M 2020, an increase by 115 percent compared to same period last year.
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High PVC international prices, coupled with an increase in sales and exports compared with the same period last year were the main reasons for healthy growth this quarter. During 9M 2021, the Company recorded a Profit After Tax of Rs. 10,371 million translating into an Earnings Per Share of Rs. 11.44 Per share compared to a Profit After Tax of Rs. 2,103 million translating into Earnings Per Share of Rs. 2.31 for the same period last year.
An interim cash dividend for preference shareholders for the third quarter ended September 30, 2021 Rs. 0.30 per share i.e. 3%. This is in an addition to interim cash dividend already paid at Rs. 0.54 per share i.e. 5.4%
