Dawood Lawrencepur Ltd. (DLL) held its corporate briefing session today to discuss CY25 & 1QCY26 financial results and future outlook. Key takeaways from the call are as follows:

·        Company reported standalone earnings of PkR16.9bn (PkR211.0/sh) in CY25, up 5.5x YoY, compared to PkR3.1bn (PkR38.1/sh) in SPLY, primarily driven by other income arising from unrealized gain of PkR16.8bn on ENGROH investment.

·        To highlight, DH Partners and Cyan Limited merged into the company with a court-approved amalgamation in a scheme of arrangement, effective from Jan 1, 2026.

·        Following the implementation of the ENGRO/DAWH Scheme, the company’s ownership in ENGROH stands at 6.47%. As a result, ENGROH has ceased to be an associate, and the unrealized gain recognized was a one-off.

Full Report
https://research.akdsl.com/639136949109719369.pdf

Courtesy – AKD Research