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Board Meeting other than Financial Result of Engro Powergen Qadirpur Limited

Karachi, Engro Powergen Qadirpur Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on November 17, 2022 at Qadirpur to consider the matters other than financial results.

Further, the company has declared the closed period from November 0, 2022 to November 17, 2022.

“Engro Powergen Qadirpur Limited is a public listed company, incorporated in Pakistan. The Company is a subsidiary of Engro Energy Limited, which is a wholly owned subsidiary of Engro Corporation Limited. Engro Corporation Limited is a subsidiary of Dawood Hercules Corporation Limited (the Ultimate Parent Company).

The Company was established with the primary objective to undertake the business of power generation and sale. Engro Energy Limited owns and operates Engro Powergen Qadirpur Limited, a 217 MW combined cycle power plant and the first green facility in Pakistan to utilize permeate gas for reduced carbon emissions. Under this project, a gas turbine of 127 MW (GE) and a steam turbine of 100 MW (GE) have been installed.

The total numbers of shares are 323,800,000. The Earnings per share is 6.42 in 2020 which was 10.51 in 2019. The Profit after Taxation is 2,109,320,000 in 2020 which was 3,402,682,000 in 2019.”