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Engro Polymer 2024 Half-Year Review by Mubashar Khan is a document available to read on EtoBox.

Engro Polymer & Chemicals Limited reported unaudited financial results for the first half of 2024, showing a revenue decrease of approximately 7% to Rs. 34,385 million and an after-tax loss of Rs. 1,590 million. The company faced challenges from weak demand, increased costs, and lower PVC prices, impacting margins significantly. The outlook suggests continued pressure on PVC and ethylene prices due to oversupply and weak global demand, while the company focuses on safe operations and project completions.

Author

Mubashar Khan

Language

EN