Fauji Fertilizer Company Limited (FFC) is Pakistan’s largest urea manufacturing company, incorporated in 1978 as a joint venture between Fauji Foundation, a charitable trust in Pakistan which owns 44.35% equity stake in the Company and Haldor Topsoe A/S of Denmark …
Read More »FFC – Pakistan’s market leader in fertilizer manufacturing and marketing
Fauji Fertilizer Company Limited (FFC) is the largest fertilizer manufacturing and marketing company in Pakistan. It was incorporated on 08 May, 1978 as a joint venture between Fauji Foundation, Pakistan and M/s Haldor Topsoe A/S of Denmark. The Production from …
Read More »Fertilizer earnings future revised as urea offtake set to beat outlook
Pakistan’s leading brokerage house, Topline Securities has revised its earnings forecasts fertilizer companies operating in the country. The upward revision has come on the back of: 1) higher than expected Urea offtake during first ten months of the current calendar …
Read More »Expected results of fertilizer companies
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). …
Read More »Change in tax regime likely to hike urea price
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 …
Read More »Fertilizer manufactures post mixed results in q3
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. …
Read More »Engro Fertilizers a trusted partner of Pakistani farmers
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 …
Read More »Fertilizer production rises by 2.6pc in July-March 2018-19
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 …
Read More »Urea manufacturers can earn $250m per annum if right impetuses are offered
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 …
Read More »Higher commodity prices to keep Pakistan’s balance of payment under pressure
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 …
Read More »Fauji Fertilizer Company Limited at a Glance
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 …
Read More »Need to address issues facing fertilizer manufacturers
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 …
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