Urea price hikes are inevitable in Pakistan, anticipates experts
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…
The 8th edition of “PakPlas Expo 2022” inaugurated today
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…
EFERT: Perfect blend of value
· 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 furthers its commitment to sustainability.
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…
Pakistan’s Fatima Group inks $1 billion deals with global agriculture giants at Expo 2020 Dubai
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 sets up a trading subsidiary in UAE
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…
EFERT records highest ever urea sales of 2,295k tons in CY21
· 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 Royals Awards 2020-21 rewards top performaning dealers
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…
Engro Corporation Limited expects massive jump in PAT for the period 4QCY20
Engro Corporation Limited (ENGRO) is expected to announce its 4QCY20 financial result on 17th Feb 2021, where we expect the company to post a consolidated profit after tax (PAT) of…
Fertilizer industry capacity hit by gas shortage
The PML (N) generally known to be business friendly and pro industrialization, but during the current tenure, it has been reportedly deadly for the industry. While the industrialization remained limited…
Engro Corporation profits up by 48% in 1QCY18
According to local research house report, Engro Corporation (ENGRO) announced 1QCY18 NPAT of PRs4.19bn (EPS: PRs8.01), up by a massive 48% YoY. The result was above markets expectation of NPAT…
Siraj Teli urges Business & Industrial community to protest against GIDC Bill 2015, anti-business policies
A dinner reception hosted by the Karachi Chamber of Commerce and Industry (KCCI) and the Businessmen Group (BMG) to mark 18 years of Public Service of Businessmen Group from KCCI's…