Pakistan Fertilizer – Dividend yields remain attractive despite declining offtakes

Fertilizer offtakes declined due to extended monsoon rains and deteriorating farmer incomes. Urea sales dropped by 14% year over year in August ’24, and DAP sales plummeted by 66% year…

Continue ReadingPakistan Fertilizer – Dividend yields remain attractive despite declining offtakes

Fatima Fertilizer posts record performance in first half of 2024

Fatima Fertilizer Company Ltd. (FATIMA), one of Pakistan’s leading fertilizer producers, has reported its highest-ever production volumes for the first half of 2024, with consolidated earnings reaching PKR 13.58 billion…

Continue ReadingFatima Fertilizer posts record performance in first half of 2024

Lucky Core Industries expects Pfizer’s acquisition in Sept 2024

Topline Securities hosted Pakistan Pharma Invest 2024, the third session of which was Lucky Core Industries (LCI) Limited. Mr. Atif Aboobukar, LCI's CFO, spoke at the session. Regarding the pharmaceutical…

Continue ReadingLucky Core Industries expects Pfizer’s acquisition in Sept 2024

Descon Engineering has successfully completed the EnVen Project at the ENGRO Fertilizer Plant

Descon Engineering has successfully completed the EnVen Project at the ENGRO Fertilizer Plant (EFERT) in Dharki, Pakistan. In recognition of this accomplishment, senior management from EFERT, including Mr. Syed Shahzad…

Continue ReadingDescon Engineering has successfully completed the EnVen Project at the ENGRO Fertilizer Plant

EFERT announced a cash dividend of PKR 3.00/share (PKR 11.00/share in 1HCY24).

Engro Fertilizers Limited (EFERT) today unveiled the financial result for 1HCY24, posting a consolidated profit after Tax (PAT) of PKR 9,426mn (EPS: PKR 7.06) against PKR 5,464mn (EPS: PKR 4.09)…

Continue ReadingEFERT announced a cash dividend of PKR 3.00/share (PKR 11.00/share in 1HCY24).

Engro Fertilizers launches Rahbar Helpline for farmer support and complaints

Engro Fertilizers Limited, one of Pakistan's leading fertilizer manufacturers, has introduced the Rahbar Helpline to empower farmers by providing dedicated support and complaint management services. Accessible via the toll-free number…

Continue ReadingEngro Fertilizers launches Rahbar Helpline for farmer support and complaints

Fatima Fertilizer and JazzCash sign MOU to pioneer digitalization of Agri-Sector Payment Ecosystem

Fatima Fertilizer, a leading name in Pakistan's agriculture sector, and JazzCash, Pakistan's largest digital wallet, have signed a Memorandum of Understanding (MOU) to revolutionize the agri-sector payment ecosystem. This collaboration…

Continue ReadingFatima Fertilizer and JazzCash sign MOU to pioneer digitalization of Agri-Sector Payment Ecosystem

Fatima Fertilizer achieved remarkable success at the Pakistan Digital Awards.

Sarsabz, a leading brand in the fertilizer industry under Fatima Fertilizer, has achieved remarkable success at the prestigious Pakistan Digital Awards. This year, Sarsabz has been honoured with three accolades…

Continue ReadingFatima Fertilizer achieved remarkable success at the Pakistan Digital Awards.

Engro Fertilizers recognized internationally with IFA Green Leaf Award 2024 for safety and sustainability

Engro Fertilizers, Pakistan’s premier seed-to-harvest solutions provider, has been recognized as the winner of the prestigious International Fertilizers Association (IFA) Green Leaf Award 2024 in the Nitrogen Category, for its…

Continue ReadingEngro Fertilizers recognized internationally with IFA Green Leaf Award 2024 for safety and sustainability