Karachi April 18 2025: Engro Polymer & Chemicals Limited reported loss of PKR 824 million for the first quarter of 2025 despite improvement in gross profits, according to company filing to the exchange.
Company reported gross profit of PKR 1.4 billion compared with PKR 1.1 billion registered for the same period last year.
Engro Polymer and Chemicals Limited was incorporated in Pakistan in 1997 under the repealed Companies Ordinance, 1984 (now the Companies Act, 2017). The Company is a subsidiary of Engro Corporation Limited, which is a subsidiary of Dawood Hercules Corporation Limited. The Company’s principal activity is to manufacture, market and sell Poly Vinyl Chloride (PVC), Vinyl Chloride Monomer (VCM), Caustic soda and other related chemicals. The Company is also engaged in the supply of surplus power generated from its power plants to Engro Fertilizers Limited.
