Engro Corp Forecasts Improved Profit Before Tax in H1; Shares Surge Nearly 18%

MT Newswires

2025/07/28

Engro Corp. (SGX:S44) is expecting to book a significant improvement in its profit before tax for the first half of the year, according to a filing with the Singapore Exchange on Friday.

Shares of the company surged nearly 18% in recent trading.

The company has attributed this to unrealized fair value gain from direct investment in tech company stock.

The company will release its financial statements on or before Aug. 13.

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