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Fauji Fertilizer Company (FFC) reported a 45% increase in net profit for Q3 2024, reaching Rs22.59 billion, up from Rs15.62 billion in Q3 2023. This rise is attributed largely to a decrease in cost of sales. The company’s earnings per share (EPS) improved to Rs17.51, compared to Rs11.92 a year ago, while turnover increased to […]

Fatima Fertilizer has achieved a pioneering milestone as the first company in Pakistan to adopt the United Nations Development Programme (UNDP) SDG Impact Framework, showcasing its commitment to sustainability and alignment with the UN’s Sustainable Development Goals (SDGs). This collaboration was marked by the launch of a campaign emphasizing Fatima Fertilizer’s dedication to embedding sustainable

Fauji Fertilizer Company Limited (PSX: FFC) has announced the launch of a Public Offer to acquire 151.05 million ordinary shares of Agritech Limited. In a formal disclosure to the Pakistan Stock Exchange (PSX), FFC stated that the offer aligns with the Securities Act, 2015, and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers)

Fauji Fertilizer Company Limited (PSX: FFC) has launched a Public Offer to acquire 151.05 million ordinary shares of Agritech Limited, according to its filing with the Pakistan Stock Exchange (PSX). This offer is made under the Securities Act, 2015, and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017. The initiative follows

Fatima Fertilizer was recognized as the Best Innovative Agricultural Products Company by the President of Pakistan at the 12th Excellence Awards, hosted by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the nation’s leading trade and industry association. The award was presented to Fatima Fertilizer’s CEO, Fawad Ahmed Mukhtar, in acknowledgment of the

Engro Corporation Limited (ENGRO), one of the largest conglomerates in Pakistan, announced a consolidated profit-after-tax (PAT) of Rs5.07 billion for the second quarter ending June 30, 2024. This figure represents a drastic decline of over 61% compared to the Rs13.03 billion reported during the same quarter last year. The company shared these financial results on

Fatima Fertilizer and JazzCash have signed a memorandum of understanding (MoU) to enhance the agri-sector payment ecosystem in Pakistan. This collaboration aims to drive financial inclusion and economic empowerment for unbanked farmers, enabling them to participate in the formal economy. This initiative marks the beginning of a significant transformation in Pakistan’s agricultural sector, aimed at

Pakistan Petroleum Limited (PSX: PPL) announced a gas discovery at the exploratory well Tor-1 in the Latif Block, Khairpur District, Sindh. The development was communicated through a notice to the Pakistan Stock Exchange (PSX) on Tuesday. The well is operated by United Energy Pakistan Beta (UEP Beta), holding a 33.40% working interest, with PPL and

The Federal Board of Revenue (FBR) has initiated a nationwide audit of urea and fertilizer dealers to ensure they pay the correct amount of income tax on their earnings. Audit Exercise Details:

Engro Fertilizers has completed the largest-ever (55 days) scheduled maintenance activity of the EnVen Plant as planned on June 18, 2024. Established in 2011 with an investment of USD 1.1 billion, the EnVen Plant has an annual production capacity of 1.3 million tons and is the most energy efficient fertilizer plant in Pakistan, with the