Engro Corporation
Engro Corporation (Engro) (Urdu: اینگرو کارپوریشن) is a Pakistani conglomerate headquartered in, Karachi.
| Formerly | Esso Fertilizer Limited (1965–1978) Exxon Chemical Pakistan Limited (1978–1991) Engro Chemicals Pakistan Limited (1991–2010) |
|---|---|
| Company type | Public |
Traded as | PSX: ENGRO |
| ISIN | PK0012101017 |
| Industry | Conglomerate |
| Founded | 1965 |
| Headquarters | Harbour Front Building, Clifton, Karachi-75600 |
Area served | Pakistan |
Key people | Hussain Dawood (Chairman), Ghias Khan (President & CEO) |
| Revenue | Rs. 356.4 billion (US$1.2 billion) (2022) |
Net income | Rs. 46.1 billion (US$160 million) (2022) |
| Total assets | Rs. 749.416 billion (US$2.6 billion) (2022) |
| Total equity | Rs. 268.833 billion (US$930 million) (2022) |
| Owner | Dawood Hercules (39.97%) |
Number of employees | 2,814 (2022) |
| Subsidiaries | Engro Energy Engro Fertilizers Engro Polymer & Chemicals Engro Vopak Terminals Engro Elengy Engro Infiniti Engro Eximp FZE |
| Website | engro.com |
Founded as a fertilizer business in 1965, it is one of the largest companies in the country that employs over 2,800 individuals across the Group. 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. Engro operates through five verticals focusing on: Food & Agriculture, Energy & Related Infrastructure, Petrochemicals, Telecommunication Infrastructure, and International Trading.
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.