Engro Polymer took 10 year to declare dividend

Amanullah Khan

Karachi

Engro Polymer & Chemicals Limited (EPCL) declared an interim cash dividend of PKR 0.45 per share after a span of ten years.
EPCL’s revenue during the nine-months of 2017 grew to PKR 20,390 million compared to PKR 16,610 million in the same period last year attributable to higher PVC resin demand due to overall economic growth in the country. The Company maintained its focus on operational excellence and achieved the highest ever PVC & VCM production for any quarter and for nine months.
The Company announced Earning Per Share (EPS) of PKR 2.93 in 9 months of 2017 compared to PKR 0.05 per share in the corresponding period.

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