April 15, 2023 Engro Fertilizers to post PKR2.9 EPS for 1QCY23 Analysts expect Engro Fertilizers (EFERT) to post profit after tax of PKR3.9 billion (EPS: PKR2.9) in 1QCY23, a decline of 29%YoY and 39%QoQ. Revenue…
April 9, 2023 Urea sale down by 20%MoM Urea sales for February 2023 was reported at 502,800 tons, down by 20%MoM as the Rabi sowing season drew to a close. Urea offtakes…
November 29, 2019 Profit of Pakistani fertilizer manufacturers declines by 31%YoY for 3Q2019 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,…
October 3, 2019 Urea manufacturers can earn US$250 million 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…
September 1, 2019 Fertilizer sector of Pakistan posts 48%YoY growth in earnings According to a report by Topline Securities, fertilizer sector of Pakistan has posted cumulative growth of 48%YoY in their earnings during 2Q2019 due to:…
April 20, 2019 Engro Fertilizers post 3%YoY growth in profit Engro Fertilizers (EFERT) has posted 3%YoY growth in its 1Q2019 profit, which was better than market expectations, mainly on the back of one-off gain…