<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">To recall, company reported earnings of PkR8.1/sh, an annual
increase of 2.4x from PkR3.3/sh in SPLY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The rise in profitability was driven by a 47% annual
increase in specialty fertilizers (i.e., Zabardast) sales to 140k tons, coupled
with an 84%YoY growth in DAP sales to 83k tons.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company achieved its highest-ever quarterly Urea production,
totaling ~605k tons during 1QCY24, with offtakes remaining steady YoY at 548k
tons.</span></li></ul><p></p>
