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Engro Corporation information


Engro Corporation
FormerlyEsso Fertilizer Limited (1965–1978)
Exxon Chemical Pakistan Limited (1978–1991)
Engro Chemicals Pakistan Limited (1991–2010)
Company typePublic
Traded as
PSX: ENGRO
ISINPK0012101017
IndustryConglomerate
Founded1965; 59 years ago (1965)
HeadquartersHarbour Front Building, Clifton, Karachi-75600
Area served
Pakistan
Key people
Hussain Dawood (Chairman), Ghias Khan (President & CEO)
RevenueIncrease Rs. 356.4 billion (US$1.2 billion) (2022)
Net income
Increase Rs. 46.1 billion (US$160 million) (2022)
Total assetsIncreaseRs. 749.416 billion (US$2.6 billion) (2022)
Total equityIncrease Rs. 268.833 billion (US$930 million) (2022)
OwnerDawood Hercules[1] (39.97%)
Number of employees
2,814 (2022)
SubsidiariesEngro Energy
Engro Fertilizers
Engro Polymer & Chemicals
Engro Vopak Terminals
Engro Elengy
Engro Infiniti
Engro Eximp FZE
Websiteengro.com

Engro Corporation (Engro) (Urdu: اینگرو کارپوریشن) is a Pakistani conglomerate headquartered in, Karachi.[2][3]

Founded as a fertilizer business in 1965, it is one of the largest companies in the country[4] that employs over 2,800 individuals across the Group.[5] The principal activity of Engro is to manage investments in subsidiary companies, associated companies and joint venture, engaged in fertilizers, power generation, telecommunications infrastructure, petrochemicals, mining, food, LNG and chemical storages.[4] Engro operates through five verticals focusing on: Food & Agriculture, Energy & Related Infrastructure, Petrochemicals, Telecommunication Infrastructure, and International Trading.[6]

Significant Engro subsidiaries include Engro Fertilizers, Engro Eximp Agriproducts, Engro Eximp FZE, Engro Energy, Engro Powergen Qadirpur, Engro Powergen Thar, Engro Elengy Terminal, Engro Vopak Terminal, Engro Polymer & Chemicals and Engro Enfrashare.

Further, the notable Associate/ joint venture companies include FrieslandCampina Engro and Sindh Engro Coal Mining Company.

Engro was the first Pakistani company to become a signatory of the UN Global Compact (UNGC) and adopted the Global Reporting Initiative (GRI) framework for measuring and reporting corporate performance on economic, social and environmental parameters.[7]

  1. ^ "ENGRO - Engro Corporation Limited". Pakistan Stock Exchange (PSX). Retrieved 1 July 2023.
  2. ^ "Company case studies - Engro Corporation Ltd" (PDF). Deutsche Investition- und Entwicklungsgesellschaft (DEG). Retrieved 2 July 2023.
  3. ^ Goldbaum, Christina; Bubola, Emma (22 June 2023). "Shahzada Dawood, Wealthy Executive, Died With Teenage Son Aboard Submersible". The New York Times. ISSN 0362-4331. Retrieved 23 June 2023.
  4. ^ a b Jamal, Nasir (8 July 2019). "Engro's big dreams". Dawn. Retrieved 1 July 2023.
  5. ^ "Annual Report 2022" (PDF). Engro Cooperation Limited. 15 February 2023. p. 331. Retrieved 3 July 2023.
  6. ^ Cite error: The named reference EngroChange was invoked but never defined (see the help page).
  7. ^ Ashique Ali Jhatial; Nelarine Cornelius; James Wallace (2014). "Corporate Social Responsibility in Pakistan: Corporate Engagements in the Local Community and their Social Impact". In Fukukawa, Kyoko (ed.). Corporate social responsibility and local community in Asia. London, New York: Routledge. p. 118. ISBN 978-0-415-62765-8.

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