Engro Corporation Limited (ENGRO) is expected to announce its 1HCY23 financial result on 16th Aug'23, where we expect the company's consolidated earnings to clock in at PKR 8,825mn (EPS: PKR…
The management of Engro Polymer & Chemicals Limited (EPCL) held a corporate briefing session today to discuss the financial results for 1HCY23 and the outlook. Brief Takeaways · To recall,…
Pakistan Coating Association (PCA) is organising the first of its kind Pakistan Paint and Construction Chemicals Expo in the International Expo Centre Lahore from 14-16 September 2023 with the support…
To recall, the EFERT posted a consolidated net profit of PKR 5,464mn (EPS: PKR 4.09) in 1HCY23 compared to PKR 5,413mn (EPS: PKR 4.05) in 1HCY22, up by 1% YoY.…
The management of Engro Fertilizers Limited (EFERT) today disclosed the financial result for 1HCY23, posting a consolidated profit after Tax (PAT) of PKR 5,464mn (EPS: PKR 4.09) against PKR 5,413mn…
The management of Fauji Fertilizer Bin Qasim Limited (FFBL) held a corporate briefing session on 26th Jul'23 to discuss the 1HCY23 financial result and future outlook. Brief Takeaways To recall,…
Fauji Fertilizer Company Limited (FFC) disclosed its financial result today where the company posted net profit of PKR 13,079mn (EPS: PKR 10.28) during 1HCY23 against PKR 9,599mn (EPS: PKR 7.55)…
EFERT—2QCY23 earnings expected to clock in at PkR3.87/sh: We expect EFERT to post a consolidated EPS of PkR3.87/sh against earnings of PkR3.30/sh in 1QCY23 and a loss of PkR0.07/sh in…
Fauji Fertilizer Bin Qasim Limited (FFBL) announced financial result for 1HCY23 today where the company posted a loss after tax of PKR 4,950mn (LPS: PKR 3.83) compared to a net…
According to the available provisional data, urea dispatches for the month of Jun'23 showcased a fall of 17% YoY to 610k tons compared to 737k tons in SPLY. On a…
• As per the latest data compiled by NFDC, total urea availability during May 2023 was 735k tons, which comprised 242k tons of the previous month's leftover and domestic production…
Pakistan Urea sales in May-2023 are expected to clock in at 459k tons, up 10% YoY compared to 418k tons in May-2022. Number is expected to be up by 12%…
Urea offtake in April 2023 reduced by 11% YoY and 17% MoM to c.408,000 tons. The MoM decline in volumes is due to off-season impact. The market share of EFERT…
The available provisional data points towards a reduction in urea offtake by 11% YoY, settling at 409k tons in Apr'23 against 459k tons in SPLY. On a company-wise basis, urea…
Fatima Fertilizer Company Limited (FATIMA) announced its 1QCY23 result today, where the company posted NPAT of PkR4.3bn (EPS: PkR2.06), remaining flat on a QoQ basis while decreasing by 24% on…
Fauji Fertilizer Company Limited (FFC) announced its 1QCY23 result today, where the company posted an unconsolidated NPAT of PkR7.7bn (EPS: PkR6.1), an increase of 48%QoQ and 24%YoY and in line…
Overview of Financial Performance Engro Corporation's standalone revenue for the first quarter was PKR 6.4 bn – down by 21%, primarily due to lower dividends received from Engro Polymer &…
Engro Fertilizers Limited (EFERT) announced the financial result for 1QCY23 yesterday, posting a consolidated Profit after Tax (PAT) of PKR 4,404mn (EPS: PKR 3.30) compared to PKR 6,172mn (EPS: PKR…
Engro Polymer & Chemicals Limited (EPCL) announced its 1QCY23 financial result today, where the company posted a profit after tax (PAT) of PKR 1,183mn (EPS: PKR 1.30), down by 75%…
EPCL is projected to post NPAT of PKR1.2bn (EPS: PKR1.41) for 1QCY23, down 76% QoQ and 73% YoY. International PVC-Ethylene spreads increased to US$424/ton (assuming 1 month lag), up 8%…
Fauji Fertilizer Company (FFC) is expected to post 1QCY23 unconsolidated earnings of PKR7.0bn (EPS: PKR5.53), up 35% QoQ/13% YoY. The sequential increase in profitability is due to higher Urea prices,…
EFERT – 1QCY23 earnings to clock in at PkR2.9/sh: We expect Engro Fertilizers Limited (EFERT) to post a NPAT of PkR3.9bn (EPS: PkR2.9) in 1QCY23, a decline of 29%YoY and 39%QoQ.…
· Urea sales for Feb'23 clocked in at 502.8k MT, down by 20 %MoM as the Rabi sowing season draws to a close and the urea offtakes witness seasonal decline…
Urea offtake in February 2023 reduced by 5% YoY and 20% MoM to c.503,000 tons. The MoM decline in volumes is due to the off-season impact. The market share of…
Agri Connection 2023, a national level agriculture conference, is set to take place at a local hotel in Karachi on March 16th, 2023. The conference will be attended by government…
