According to the 1Q2022 report of Engro Fertilizer, the Company’s urea production stood at 568 KT vs 523 KT in Q1 2021. Sales during the period stood at 549 KT vs 601 KT during the same period last year due to higher opening inventory in 2021.

The Company phosphates (DAP, Zorawar & NP) sales during Q1 2022 stood at 79 KT vs 74 KT during the same period last year.

Gross Profit of the Company was recorded at PKR 10.9 Bn for Q1 2022 as compared to PKR 11.6 Bn in the same period last year.

On a standalone basis, net profit stood at PKR 4.7 Bn compared to PKR 6.4 Bn same period last year. Company’s consolidated profit stood at PKR 5.5 Bn vs PKR 5.7 Bn in the corresponding period last year, resulting in an EPS of PKR 4.13 vs. PKR 4.30 in the same period last year.