LAHROE - Engro Foods is scheduled to announce its 1H2012 financial result on July 17, 2012. The company is expected to post PAT of Rs1,098mn (EPS: Rs1.45) in 1H2012, compared to PAT of Rs217mn (EPS: Rs0.29) in the same period last year. In 2Q alone, the earnings are expected to register at Rs612mn (EPS: Rs0.81), up 26%QoQ. The growth is primarily derived from the dairy and juices segment. On the other hand, the bottom line of the ice cream business is still likely to remain in the red zone despite volumetric growth.






