KARACHI: Engro Fertilisers Ltd reported earnings of Rs4.4 billion for the July-September quarter, down 37.3 per cent from a year ago.

In a regulatory filing on Wednesday, the company also announced an interim cash dividend of Rs3.50 per share, which takes the cumulative payout in the first nine months of 2021 to Rs11.50 per share.

For the nine-month period, however, the urea maker reported a net profit of Rs14.9bn, up 29.8pc from the corresponding period a year ago.

The result was largely in line with industry expectations, according to a research note by Topline Securities.

HabibMetro, PMRCL sign pact

HabibMetro Bank has subscribed to a secured, unlisted and redeemable Privately Placed Term Finance Certificate of Rs1.5 billion issued by the Pakistan Mortgage Refinance Company Limited (PMRCL) for a tenure of five years.

Mohsin Tayebaly & Co will serve as the transaction legal counsel, says a press release on Wednesday. A signing ceremony was held at the Habib Metro’s head office, Karachi at which the bank’s president &

CEO Mohsin Ali Nathani, PMRCL CEO and managing director Muddasir H. Khan and senior executives were present.

Published in Dawn, October 14th, 2021

Opinion

Editorial

Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...
Islamabad protest
Updated 20 Nov, 2024

Islamabad protest

As Nov 24 draws nearer, both the PTI and the Islamabad administration must remain wary and keep within the limits of reason and the law.
PIA uncertainty
20 Nov, 2024

PIA uncertainty

THE failed attempt to privatise the national flag carrier late last month has led to a fierce debate around the...
T20 disappointment
20 Nov, 2024

T20 disappointment

AFTER experiencing the historic high of the One-day International series triumph against Australia, Pakistan came...