Tag Archives: Urea

Engro story began in 1957 when Pak Stanvac – an Esso/Mobil joint venture – stumbled upon vast deposits of natural gas in Mari while pursuing viable oil exploration in Sindh. Pak Stanvac’s focus was exclusively on oil exploration; however, the …

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 …

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 …

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 …

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 …

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 …