KARACHI: The unconsolidated profit of Fauji Fertilizer Bin Qasim Limited (FFBL) witnessed a growth of 28 per cent to Rs1.62 billion translating into the earnings per share (EPS) of Rs1.26 during the first quarter of 2022. The company recorded a profit after tax of Rs1.26 billion (EPS: Rs0.98) during the same period of last year. … Read more
The fertiliser manufacturers’ stable revenue stream and margins keep the sector favourite in the market. The firm earnings bode well with the sector’s cash rich position for sustainable payouts, making their dividend yields attractive at the current levels. The DAP manufacturer, Fauji Fertilizer Bin Qasim (FFBL), is in a sweet spot. The DAP prices in … Read more
ISLAMABAD: The Sindh-based fertiliser dealers have purchased an extra 125,000 tonnes of urea, compared with the last year, similarly dealers from peripheral areas of Punjab (adjacent to Sindh) bought 50,000 tonnes of extra urea, compared with the last year for hoarding purposes. Minister for Industries and Production Makhdum Khusro Bakhtyar regretted that unfortunately due to … Read more
LAHORE: Pakistan’s urea sales in July are likely to clock-in at 622,000 tonnes, up 8 per cent (year-on-year), as the dealers and farmers started buying the commodity on the fears of an increase in the commodity prices. Earlier, the government had announced to raise the prices of urea by Rs50/bag from August 1, 2021. However, … Read more
KARACHI: The Fauji Fertilizer Bin Qasim Limited (FFBL) has announced a net profit of Rs656.52 million, translating into the earnings per share (EPS) of 41 paisas for the second quarter ended June 30, 2021, compared with the loss of Rs321.82 million and the loss per share (LPS) of 25 paisas in the corresponding quarter of … Read more
KARACHI: Fauji Fertilizer Company (FFC) will acquire entire shareholding of Fauji Fertilizer Bin Qasim (FFBL) and Fauji Foundation in Foundation Wind Energy (FWEL) companies at an aggregate consideration of Rs14.027 billion, a bourse filing said on Tuesday. The Fauji Foundation and FFBL have obtained approval of their respective boards to sell their entire shareholding in … Read more
