A brief note on Pakistan Fertilizer sales in March 2022
· As per NFDC, Mar'22 urea offtake for the industry clocked in at 509k MT, up 48.3%YoY but contracting 3.4%MoM on account of maintaining additional buffer for upcoming months in…
· As per NFDC, Mar'22 urea offtake for the industry clocked in at 509k MT, up 48.3%YoY but contracting 3.4%MoM on account of maintaining additional buffer for upcoming months in…
Lotte Chemical Pakistan Limited (LOTCHEM) announced its 1QCY22 financial result today where the company posted a profit after tax (PAT) of PKR 2,615mn (EPS: PKR 1.73), up by 60% YoY…
Fatima Fertilizer is pleased to announce that Rabel Sadozai, a seasoned marketing professional, has been recently promoted to lead the Sales and Marketing function within the organization. Rabel has become…
Fauji Fertilizer Bin Qasim Limited (FFBL) announced financial result for 1QCY22 today where the company posted earnings of PKR 1,627mn (EPS: PKR 1.26) against PKR 1,266mn (EPS: PKR 0.98) in…
Pakistan's premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the quarter ended March 31, 2022. Overview of Financial Performance During the first quarter, Engro Corporation's standalone profitability…
The KSE100 has slipped this week, tracking renewed PKR depreciation. Today, it could be impacted by the surge in T-Bill yields, by 55-70bps vs. the previous auction to 13.50%-13.85%, again…
Engro Corporation Limited (ENGRO) is anticipated to announce its 1QCY22 financial result on 21st Apr'22, where we expect company's consolidated earnings to be stable at PKR 8,348mn (EPS: PKR 14.49).…
The local fertilizer Industry is providing urea at around 84% discount, equivalent to PKR 9,823 per bag, and is expected to enable import substitution of USD 5.3 billion in 2022.…
According to Engro Fertilizers (EFERT), their both plants are operating at maximum capacity. However, old plant will undergo a 50-60 days' turnaround whereas Enven plant is expected to stay operational…
Urea industry sales have increased by 17% YoY to 1.6mn tons in 1Q2022 compared to 1.4mn tons in 1Q2021. The growth in Urea demand has resulted from improved farm economics…
Engro Fertilizers Limited (EFERT) announced the financial result for 1QCY22 today, posting a consolidated Profit after Tax (PAT) of PKR 5,511mn (EPS: PKR 4.13) compared to PKR 5,741mn (EPS: PKR…
Engro Polymer and Chemicals Limited (EPCL) has informed Pakistan Stock Exchange Limited today that "In continuation to the announcement dated November 26, 2018, wherein Board of Directors of Engro Polymer…
LOTCHEM is scheduled to announce its financial result for 1QCY22 on Apr 22nd, 2022. The company is expected to post a profit after tax of PKR 1,063mn (EPS: PKR 0.70)…
We expect Engro Fertilizers Limited (EFERT) to post earnings of PkR4.5bn (EPS: PkR3.4) in 1QCY22 as compared to PkR5.7bn (EPS: PkR4.3) in the same period last year. This depicts a…
Engro Polymer & Chemicals Ltd (EPCL) is slated to announce its 1QCY22 result (18th Apr'22), where we expect the company to post 1QCY22 NPAT of PkR2.9bn (EPS: PkR3.17), as compared…
Fatima Fertilizer Company Ltd (FATIMA) has posted 4QCY21 NPAT of PKR4.4bn (EPS: PKR2.09), up 18% yoy (down 8% mom), taking CY21 net profit to PKR18.5bn (EPS: PKR8.80), up 39% yoy.…
AGP has reported 4QCY21 NPAT of PKR450mn (EPS: PKR1.61), up 8% yoy and a sharp 32% qoq. This takes CY21 NPAT to PKR1.6bn (EPS: PKR5.59), flat yoy. While the 4Q…
According to the monthly data of fertilizer offtake by NFDC, Urea offtake in February 2022 declined by 12% mom but rose a sharp 30% yoy, to c.527,000 tons. The yoy…
Pakistan Plastics Manufacturing Association (PPMA) in association with Events 360 Design and Management The exhibition have organized this event. Many leading domestic and foreign companies providing technology and services related…
· In light of recent developments, experts revise their investment case for EFERT where they upgrade the target price to PkR103/sh (Previously PkR82/sh), implying an upside of 15.9% from last close.…
ICI Pakistan Limited has embarked on a journey towards creating a greener and cleaner future for Pakistan. To further its sustainability agenda, in 2021 the Company launched a flagship sustainability…
Fatima Group, one of the fastest-growing industrial conglomerates in Pakistan, has signed two MoUs of over USD1 billion with two key global agriculture stakeholders – China Machinery Engineering Company (CMEC)…
Engro Corporation, Pakistan's premier business conglomerate, has commenced office operations of its wholly owned subsidiary, Engro Eximp FZE, in the Jebel Ali Free Zone, Emirate of Dubai. Engro Eximp FZE…
· 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…
Sarsabz Fertilizer hosted a special awards ceremony at a local hotel in Bhurban on Thursday, October 28, 2021, as part of its loyalty program 'Sarsabz Royals', to reward and recognize…