Fauji Fertilizer Company Limited (FFC): Robust profitability led by superior margins – By JS Research
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Fauji Fertilizer Company Limited’s (FFC) management held a
corporate briefing yesterday to discuss financial performance for 3QCY24 and
outlook. The management highlighted key prospects of its core business, ongoing
merger with Fauji Fertilizer Bin Qasim (FFBL), and acquisition of Agritech
Limited (AGL).</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">To recall, FFC posted earnings of Rs43bn (EPS: Rs33.45),
significantly up by 92% YoY during 3QCY24, however, the company did not declare
any cash dividend during the outgoing quarter, due to the ongoing merger
process. This decision was made to ensure an equitable distribution of profits
for shareholders of the merged entity.</span></li></ul><...
