· The management told that Engro Fertilizers Limited (EFERT) witnessed the highest ever urea sales of 2,295k tons in CY21 compared to 2,057k tons in SPLY.

· As per the management, EFERT’s market share improved to 36% in CY21 vis-à-vis 34% in CY20.

· The management attributes higher urea offtake and DAP prices to improved profitability.

Courtesy- AHL Research