FFBL to post earnings of PKR 3.29/share in 1QCY24
We anticipate Fauji Fertilizer Bin Qasim Limited (FFBL) to report a net profit of PKR 4,243mn (EPS: PKR 3.29) in 1QCY24 against a loss of PKR 5,429mn (LPS: PKR 4.20)…
EFERT likely to post a hefty jump in PAT 65% YoY in 1QCY24
Engro Fertilizer Limited (EFERT) is scheduled to announce the financial result 1QCY24 on 18th Apr'24. We expect the company to post a profit after tax of PKR 7,276mn (EPS: PKR…
Engro Fertilizers engages dealers for urea price enforcement.
To support the Government's efforts to ensure urea availability at official prices, Engro Fertilizers has urged its dealers to comply with company guidelines on pricing and strictly ensure product availability…
The level playing field for all fertilizer manufacturers to encourage new investments, efficiency
By removing discriminatory gas pricing among fertilizer manufacturers, the Government can facilitate new investments and promote efficiency to ensure sufficient urea availability for the farmers. In a media workshop, Ali…
Engro Fertilizers adjusts urea prices upward amid rising gas prices.
Pakistani urea producers have started price adjustments in selling prices of urea fertilizer bags due to a spike in gas rates by the federal government of Pakistan. The first in…
Engro Fertilizers urea market share increased to 35% in CY23 from 29% in CY22.
The management of Engro Fertilizer Limited (EFERT) held an Analyst Briefing session on 22nd Feb'24 to discuss the company's performance and future outlook. Brief Takeaways The company's urea market share…
EPCL exported 22K tons of PVC and 22K tons of Caustic and generated inflows of US$26mn in 2023.
Engro Polymer (EPCL) conducted its 2023 Corporate Briefing Session today, where management discussed financial performance and future outlook. PVC sales in 4Q2023 declined by 23.5%, reaching 52K tons compared to…
LOTCHEM also announced a final cash dividend of PKR1.0/sh
LOTCHEM has posted 4QCY23 NPAT of PKR237mn (EPS: PKR0.16), down 88% YoY and QoQ. This took CY23 NPAT to PKR5.0bn (EPS: PKR3.35), down 50% YoY. The result came much lower…
Engro Polymer & Chemicals saw NPAT of PKR3.5bn for 4QCY23 up 25% YoY and 34% QoQ
EPCL has posted a consolidated NPAT of PKR3.5bn (diluted EPS: PKR2.93) for 4QCY23, up 25% YoY and 34% QoQ. The 4QCY23 result came higher than our expected NPAT of PKR1.3bn…
Engro Fertilizers welcomes gas tariff revision as a step in the right direction.
Engro Fertilizers welcomes that the government has taken a bold first step by removing the subsidy for fertiliser manufacturers that get their gas from the SNGPL network, representing 60% of…
LOTCHEM to declare a final cash dividend of PKR1.0/sh in 4QCY23,
LOTCHEM is expected to post an NPAT of PKR1.7bn (EPS: PKR1.10) in 4QCY23, down 16% QoQ and 17% YoY. This will take CY23 NPAT to PKR6.5bn (EPS: PKR4.30), down 36%…
Engro Fertilizers announced a final cash dividend of Rs 8 in 2023.
Engro Fertilizers Limited (Efert) has informed the Pakistan Stock Exchange Limited (PSX) that the Board of Directors of the Company, in their meeting held on February 15, 2024, recommended a…
EPCL to announce a final cash dividend of PkR1.5/sh
EPCL's 4QCY23 earnings are expected to clock in at PkR1.62/sh: EPCL will announce its 4QCY23 result sometime during the current month, where we expect earnings of PkR2.0bn (diluted EPS: PkR1.62)…
EFERT is likely to give a cash dividend of PkR7.5/sh in 4QCY23
EFERT 4QCY23 earnings to clock in at PkR7.48/sh: EFERT's board is scheduled to announce their 4QCY23 result today, where we expect the company to report earnings of PkR10.0bn (EPS: PkR7.48)…
Pakistan Refinery seeks EPC and financing for its expansion project.
Pakistan Refinery Limited (PRL) intends to undertake a mega major Expansion and Upgrade Project at its existing Refinery, located in Karachi, Pakistan and seeks Solicitation of Interest (SOI) from Contractors…
EFERT to announce a cash dividend of PKR 7.00/share (PKR 19.50/share in CY23.
The management of Engro Fertilizer Limited (EFERT) is expected to announce financial results for CY23 on 15th Feb'24, where we expect the net profit to arrive at PKR 24,782mn (EPS:…
FFC to announce a final cash dividend of PKR 7.00/share in 4QCY23
Fauji Fertilizer Company Limited is expected to unveil its CY23 financial result on 26th Jan'24, where we expect earnings to clock in at PKR 32,439mn (EPS: PKR 25.50), up by…
FFBL is unlikely to announce a cash dividend with the 4Q2023 result
Fauji Fertilizer Bin Qasim (FFBL) is unlikely to announce a cash dividend with the 4Q2023 result. We anticipate FFBL to report an unconsolidated EPS of Rs3.8 in 4Q2023, a significant…
Farmers face inflated fertiliser prices, urging curbing black marketing.
The Rabi season in Pakistan saw inflated prices of nitrogen and phosphate fertilisers due to a reported interruption in the supply chain and a delay in awarding a contract to…
Urea’s disappearance from the market is unfortunate.
FPCCI's presidential candidate, Atif Ikram Sheikh, said on Sunday that it is regrettable that urea has vanished from the marketplace. The artificial scarcity of urea will affect millions of farmers…
Fatima Fertilizer’s “Salam Kissan” Campaign wins the prestigious DRUM Award in London in 2023.
Fatima Fertilizer, a leading name in the fertilizer industry, has once again garnered international acclaim with its groundbreaking "Salam Kissan" campaign, winning the prestigious Drum Award 2023 in London in…
EFERT is expected to record the highest YoY increase of 130% to 220K tons in Nov-2023
Pakistan's Urea sales in Nov-2023 are expected to clock in at 610k tons, up 5% YoY compared to 583k tons in Nov-2022. The same is expected to be up 33%…
UNITY expects the addition of a chemical refinery by 3QFY24.
Unity Foods Ltd (UNITY) held its corporate briefing session to brief investors about FY23 results and shed light on the future outlook. The AKD Research has reported it well. The…
UNITY expects the addition of a chemical refinery by 3QFY24.
Unity Foods Ltd (UNITY) held its corporate briefing session to brief investors about FY23 results and shed light on the future outlook. The AKD Research has reported it well. Company's…
Lotte Chemical Pakistan faces challenges.
IMS Research penned a review on Lotte Chemical Pakistan Ltd. The experts believe that subdued PTA demand & low PTA-PX spread to hit profits. Due to lower export volumes, local…