Engro Corporation Limited (ENGRO) conducted its 2022 analyst briefing yesterday where management discussed financial performance for 2022 and future outlook. The management explained lower dividend in 4Q2022. They elaborated that…
Pakistan's premier conglomerate, Engro Corporation Limited (PSX: ENGRO) announced its financial results for the year ended December 31, 2022. Overview of Financial Performance during 2022 Engro Corporation's standalone revenue increased from…
The management of Fauji Fertilizer Bin Qasim Limited (FFBL) held a corporate briefing session on 8th Feb'23 to discuss the CY22 financial result and future outlook. Brief Takeaways · To recall, the…
Engro Polymer and Chemicals Limited (EPCL) is scheduled to announce its CY22 financial result on 7th Feb'23, with earnings projected at PKR 12.14bn (EPS: PKR 13.36), down by 19% YoY.…
Engro Fertilizer Limited (EFERT) is scheduled to announce the financial result for CY22 on 9th Feb'23, where we expect the company's net profit to clock-in at PKR 14.7bn (EPS: PKR 11.01),…
Jan'23: Urea sales up by 3% YoY Based on the tentative fertilizer sales data, urea dispatches for the month of Jan'23 depicted an uptick of 3% YoY to 616k tons…
Fauji Fertilizer Company (FFC) announced CY22 result today, where it posted unconsolidated earnings of PkR20.0bn for the year, culminating into an EPS of PkR15.8. The company posted a NPAT of…
Fauji Fertilizer Bin Qasim Limited (FFBL) announced CY22 result yesterday, where it posted earnings on the unconsolidated level of PkR2.3bn for the year, culminating into an EPS of PkR1.8. For…
We expect Topline Fertilizer Universe earnings to be up by 5% YoY to Rs13bn in 42022, primarily attributed to increasing in Urea offtake, and DAP margins. The same is expected…
Lucky Core Industries Limited (Formally ICI Pakistan Limited). It concluded by selling 26.5% holding in NutriCo Morinaga (Private) Limited. As per the latest PSX notice, Lucky Core Industries Limited (formally…
According to the provisional fertilizer offtake data for Dec'22, urea dispatches posted a jump of 39% YoY to 833k tons against 599k tons in SPLY. Urea sales of FFC, EFERT,…
According to NFDC, Urea sales in Nov'22 witnessed a recovery in sales, increasing by 2% YoY to c.583,000 tons (the slump in Oct'22 was 16% YoY). Sequentially, Urea offtake recovered…
Sarsabz Fertilizer, the flagship brand of Fatima Fertilizer, joined thousands of farmers on December 22 to celebrate the fourth Kissan Day during a special ceremony hosted at Fatima Fertilizer's plant…
Engro Fertilizers, Pakistan's premier seed-to-harvest solutions provider, has organized mega farmer seminars in Bahawalpur, Kabirwala, and Hafizabad, to support the Government of Punjab's "Grow More Wheat" initiative for enhanced food security…
As per the notice on PSX, Fauji Fertilizer Company Limited (FFC), Engro Fertilizers Limited (EFERT), and Fatima Fertilizer Company Limited (FATIMA) have agreed with Mari Petroleum Company Limited (MARI) for…
With growing consumer awareness about new construction materials and sustainability, the PVC downstream market in Pakistan is expected to witness an upward trend in the coming years. A recent report…
Nov'22: Urea sales down by 4% YoY As per the provisional fertilizer offtake data for Nov'22, urea dispatches declined by 4% YoY to 549k tons against 574k tons in SPLY.…
As per a PSX notice, Engro Polymer & Chemicals Limited (EPCL) has entered into an interim agreement with Sui Southern Gas Company Limited (SSGC) for the supply of gas till…
Nimir Industrial Chemicals (NICL) & Nimir Resins Limited (NRSL) | Chemical | Analyst Briefing Takeaways NICL and NRSL conducted their corporate briefing sessions today to discuss the financial performance of…
As per the latest data compiled by NFDC, in Oct'22, Urea offtakes declined by 16%YoY/15%MoM to 430k tons. The Rabi 2022-23 season started with an opening inventory of 294k tons…
Lotte Chemical Pakistan Limited (LOTCHEM) held its corporate briefing for 9MCY22 yesterday, wherein the following was discussed: · LOTCHEM is the only manufacturer of PTA in the country, with an…
Fauji Fertilizer (FFC) held its corporate briefing today to discuss financial result and future outlook of the company. The management expects Urea demand to hit 6.6mn tons in 2022 compared…
The management of Fauji Fertilizer Bin Qasim Limited (FFBL) held a corporate briefing session on 3rd Nov'22 to discuss the 9MCY22 financial result and future outlook. Brief Takeaways · To…
According to provisional fertilizer offtake data of Oct'22, urea offtake declined by 16% YoY to 429k tons against 514k tons in SPLY. Urea sales of EFERT, FFC and FFBL (combined)…
LOTCHEM posted NPAT of PKR2.7bn (EPS: PKR1.79) in 3QCY22, up c.3.0x YoY and 91% QoQ. The result is in line with our expected NPAT of PKR2.6bn (EPS: PKR1.74). The management…