KARACHI - Engro Corporation (ENGRO) has posted Rs3.4 billion, translating into EPS of Rs10.37 during the second quarter (April-June) of the current calendar year, compared with Rs1.0 billion (EPS Rs3.63) in the same quarter last year. Engros consolidated earnings stood at Rs1.5 billion with EPS of Rs4.60 in April-June 2010. ENGRO announced its 2Q2010 financial results on Wednesday. The corporation declared a dividend payout at Rs2/share for the shareholders. According to results,Engros operating margins expanded by almost 7pps and 10pps on half-yearly and quarterly basis with operating income also increasing by a respective 2.5x and 4.0x. Net margins also depicted a notable stretch with both half-yearly and quarterly margin expanding by 5.5pps. This indicates a rapid transformation of the corporations businesses as profitable ventures after the initial phase of developments. Higher revenues from Engro Eximp and Engro Foods while contribution from Engro PowerGen following the commercial operation are the major factors behind the notable jump in revenues of Engro Corporation. On the other hand, higher profit contribution from Engro Eximp and Engro Fertilizer is believed to be the major factor behind the exceptional bottom-line growth. The corporation has not yet announced segment-wise earnings breakup. APP: Meanwhile, Dawood Hercules Chemical Ltd (DHCL) has posted a pre-tax profit of Rs 1.304 billion for the half year ending June 30, 2010 and declared 20 percent interim cash dividend. According to financial results send to KSE here Wednesday, the pre-tax profit stood at Rs 1.582 billion during the period under review against a pre-tax loss of Rs 328.984 million same period last year. The earning per share soared to Rs 10.84 in six month of 2010 against a loss per share of Rs 5.11 during 2009.