FCEPL 1HCY26 profit surges to Rs4.4bn

Mettis Global reported that Frieslandcampina Engro Pakistan Limited (FCEPL) more than tripled its net profit for the six months to June 30, 2026, to Rs4.40bn from Rs1.32bn a year earlier, a rise of 234 per cent. Earnings per share rose to Rs5.74 from Rs1.72 in the same period last year. The company attributed the jump to revenue growth, wider gross margins and a sharp fall in debt-servicing costs.

Net revenue from contracts with customers grew 12 per cent to Rs58.86bn, while cost of sales rose 7 per cent to Rs45.83bn, lifting gross profit 33 per cent to Rs13.03bn. Distribution and marketing expenses climbed 17 per cent to Rs4.43bn, whereas administrative expenses fell 15 per cent to Rs877.96m. Finance costs dropped 56 per cent to Rs349.73m from Rs801.49m, a change the report ties to interest cost relief.

Operating profit climbed 54 per cent to Rs7.29bn, and profit before income tax rose 76 per cent to Rs6.94bn. Income tax was 3 per cent lower at Rs2.54bn, down from Rs2.62bn, leaving a net profit of Rs4.40bn for the period.