Frieslandcampina Engro Pakistan Limited has released its half-year financial report for the period ending June 30, 2026, showcasing significant growth in revenue and profit amidst a challenging operating environment.
- Revenue increased by 12.1% to PKR 58,861M compared to PKR 52,487M in the same period last year.
- Operating profit surged by 53.9% to PKR 7,286M, representing 12.4% of sales, up from 9.0%.
- Profit after tax (PAT) rose dramatically by 234% to PKR 4,398M, with an EPS of PKR 5.74, compared to PKR 1.72 last year.
- The company faced challenges due to regional conflicts, inflation, and an 18% sales tax on UHT milk, impacting the formal dairy sector.
- The Dairy-Based Products segment generated PKR 50.2 billion, an 11.1% increase, while Frozen Desserts saw an 18.9% growth to PKR 8.6 billion.
- The report is unaudited and covers the first half of 2026.