Engro Corporation Limited (PSX:ENGRO) reported its Q2 financial results for the period ending June 30, 2024. In this quarter, ENGRO earned a net income of Rs. 15.3 per share and declared a cash dividend of Rs. 8 per share. The effective tax rate for the quarter was 20%, a significant decrease from the 46% tax rate in the same quarter last year. Over the last four quarters, ENGRO earned net income of Rs. 41.6 per share and declared a cash dividend of Rs. 25 per share. The company’s net income for the last four quarters is 27.5% higher than the total net income from the preceding four quarters.
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