FrieslandCampina Engro Pakistan Limited (FCEPL) has announced a dramatic surge in profitability for the nine months ended September 30, 2026, delivering a net profit after tax of Rs 6.46 billion—more than tripling the Rs 2.09 billion achieved during the corresponding period last year.
The financial results were reviewed and approved by the company’s Board of Directors during its meeting held on October 23, 2026, at the Harbour Front Building in Karachi.
Financial Highlights (Nine Months Ended Sept 30, 2026):
- Revenue Growth: Net revenue from contracts with customers grew 10.1% to Rs 88.36 billion, up from Rs 80.23 billion in 9M 2025.
- Gross Profit: Gross profit jumped 34.9% to Rs 19.42 billion (compared to Rs 14.39 billion in 9M 2025).
- Operating Profit: Operating profit rose significantly to Rs 10.67 billion, compared to Rs 6.96 billion in the prior-year period.
- Finance Cost Savings: Finance costs dropped by 57.9% down to Rs 462.2 million (from Rs 1.10 billion in 9M 2025), driven by reduced reliance on short-term borrowings.
- Earnings Per Share (EPS): Basic and diluted EPS surged to Rs 8.43 per share, compared to Rs 2.73 per share in 9M 2025.
Strong Third-Quarter Performance
In the third quarter alone (July–September 2026), FCEPL posted a net profit of Rs 2.07 billion (EPS: Rs 2.69), registering a massive 167% increase compared to Rs 773.8 million (EPS: Rs 1.01) recorded in Q3 2025. Quarterly revenue expanded to Rs 29.49 billion, supported by strong consumer demand and optimized cost management.
Balance Sheet & Cash Flows
- Total Assets: Expanded to Rs 41.43 billion as of September 30, 2026, up from Rs 37.51 billion at year-end 2025.
- Total Equity: Strengthened to Rs 20.75 billion, reflecting robust operational gains.
- Operating Cash Flow: Generated Rs 8.75 billion in net cash from operations, compared to Rs 6.10 billion in 9M 2025.
- Dividend: The Board recommended no interim dividend or bonus/right shares for the period.
