Engro Corporation

Chinese state pressure forces EnGro's disposal of entire stake in Qingdao Evergreen - THE EDGE SINGAPORE

Company in the news

Chinese state pressure forces EnGro's disposal of entire stake in Qingdao Evergreen

All CITIC subsidiaries, including EnGro's former JV partner Qingdao Special Steel, are required to terminate their JV agreements.

EnGro unit wins contract to supply ready-mix concrete for North-South Corridor

SINGAPORE (May 21): EnGro says wholly-owned subsidiary Top-Mix Concrete (TMS) has secured a supply contract from Samsung C&T Corporation for the North-South Corridor – NSC106 project.

Results

Engro Corp back in the black in 1Q despite lower revenue

SINGAPORE (May 9): Engro Corp returned to profitability in 1Q18 with earnings of $0.3 million compared to losses of $1.3 million the previous year.

Results

Engro Corp reports 29.2% drop in 4Q earnings to $1.8 mil on lower revenue

SINGAPORE (Feb 27): Engro Corporation posts a 29.2% decline in earnings to $1.8 million for the 4Q ended December on the back of lower revenue, from earnings of $2.6 million a year ago.

Results

Engro posts 49% increase in 3Q earnings to $2.2 mil

SINGAPORE (Nov 7): Building materials provider Engro Corporation saw its earnings rise 48.7% to $2.2 million for the 3Q ended September, from $1.5 million a year ago.

EnGro subsidiary subscribes for 60% stake in JV company for US$1.125 mil

SINGAPORE (Sept 25): R&P, a subsidiary of building materials provider EnGro Corporation, has subscribed for a 60% stake in its joint venture (JV) company with Omni-Plus System, R&P Technologies, for US$1.125 million ($1.52 million).

Results

Engro posts 80.5% decline in 2Q earnings to $0.9 mil

SINGAPORE (Aug 8): Engro Corporation, the provider of building materials, reported earnings of $0.9 million for the 2Q17 ended June, down 80.5% from its earnings of $4.5 million in 2Q16.
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