KARACHI: Fauji Fertilizer Company Limited (FFC) has posted a 20 per cent increase in net profit to Rs35.69 billion, translating into the earnings per share (EPS) of Rs28.06 for the year ended December 31, 2021. FFC also declared a final cash dividend of Rs4.65 along with the results, which is in addition to the interim … Read more
KARACHI: Fauji Fertilizer Company Limited (FFC) has posted a 20 per cent increase in net profit to Rs35.69 billion, translating into the earnings per share (EPS) of Rs28.06 for the year ended December 31, 2021. FFC also declared a final cash dividend of Rs4.65 along with the results, which is in addition to the interim … 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
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
The Federal Flood Commission (FFC) stated that all main rivers (Indus, Jhelum, Chenab, Ravi, and Sutlej) were curving normally with no riverine flood conditions in the country. According to the daily FFC report, the collective live storage volume of Tarbela, Mangla & Chashma basins is 4.183 MAF which is 30.95% of the total Combined Live … 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
Federal flood commission request to all stakeholders of the country to initiate requisite action on the preparation of respective contingency plans including all related preparatory works. Provincial irrigation departments and federal line agencies to ensure completion of all approved/ongoing flood protection schemes taken up under GOP funded flood programme. Rehabilitation/strengthening works at all vulnerable locations … Read more
