Engro Fertilizers Reports 21% Profit Decline in 9MFY25 Amid Lower Sales and Higher Finance Costs
Engro Fertilizers Limited reported a 21% decline in profit after tax for 9MFY25, driven by lower sales and rising finance costs, despite improved gross margins and controlled operational expenses.
KSE-100 plunges 1,241 points as heavy profit-taking ends bullish streak
The Pakistan Stock Exchange witnessed a major correction on Thursday as the KSE-100 Index tumbled by 1,241 points due to aggressive profit-taking, with analysts citing portfolio rebalancing at elevated levels.