By the grace of God, I am humbled to report that 2019 has been another incredible year of accomplishments and accolades for Engro. I am pleased to share that the Group has delivered strong business results and has demonstrated operational excellence. It is my pleasure to share with you the highlights of Engro Corporation’s performance in 2019 and the deliberate effort we are making to ensure a sustainable operating model.
Engro Corporation posted a consolidated profit after tax of PKR 30.3 billion for 2019, up from PKR 23.6 billion the previous year. On a standalone basis, our profit was PKR 14.3 billion, our earnings per share were PKR 24.83, and our total dividends were PKR 24 per share for the year. This translated into an overall dividend payout of 96.7%.
Our success would not have been possible without the trust and support of our Board, our leadership, our employees, and our shareholders. Hence, before all else, I would like to thank the entire Engro family for their crucial role in embodying Engro’s purpose of solving some of Pakistan’s most pressing issues.
President & Chief Executive Officer
Engro Corporation Limited