Tag Archives: Urea

Fauji Fertilizer Bin Qasim (FFBL) announced its 2QCY20 financial results posting an unconsolidated loss of Rs1,160 million (LPS: Rs1.24) as compared to a loss of Rs84 million (LPS: Rs0.09) in 2QCY19. It takes 1HCY20 earnings to Rs4,208 million (LPS: Rs4.5). …

The decision by the Government of Pakistan (GoP) to restrict claimability of input sales tax from unregistered consumers through the Tax Laws (Second Amendment) Ordinance 2019 is expected to increase price of Urea by Rs40/Bag within the first month of …

Profit of fertilizer manufacturers of Pakistan has declined by 31%YoY to Rs8.6 billion for 3Q2019, primarily due to 1) decrease in gross profit margins, 2) increase in administrative expense up by 33%YoY, and 3) spike in finance cost by 110%YoY. …

Interview with Mr Nadir S. Qureshi – Chief Executive Officer, Engro Fertilizers Limited PAGE: Can you please share as to whether Engro is doing something to improve the productivity of agriculture sector in the country? Nadir S. Qureshi: Engro has been …

According to the analysis recorded by the Ministry of Finance FY2019, fertilizer is the most important (and an expensive) input contributing 30 to 50 percent to crop yield in Pakistan. Its share in cost of production of major crops is …

At present Pakistan suffers from precarious balance of payment situation. Its exports are too paltry to finance imports. Though, remittances are reasonable, meeting debt service obligation has got out of control. Even the recently acquired facility from International Monetary Fund …

At present Pakistan faces two contentious problems, depreciating currency and rising inflations. Both the issues are badly intertwined and cannot be separated. The hike in the international prices of energy and food products also erodes foreign exchange reserves of the …

Fauji Fertilizer Company Limited (FFC) was incorporated in 1978 as a joint venture between Fauji Foundation, a charitable trust in Pakistan and Haldor Topsoe A/S of Denmark to set up a urea production facility with capacity of 570 thousand tonnes …

One of the prime focuses of economic managers of Pakistan should be ‘achieving food security’ to fill the stomach of over 220 million people living in the country. To keep the prices of eatables affordable two-pronged policy has to be …

In the recent past Pakistan attained self-sufficiency in urea production, after having remained a net importer of the commodity for a long time. This not only helped in timely and ample availability of the commodity, but also saved the government …

Engro Fertilizers Limited is a subsidiary of Engro Corporation and a renowned name in Pakistan’s fertilizer industry. It is traded on the stock market under the symbol ‘EFERT. Engro holds a vast, countrywide production and marketing infrastructure and produces leading …