Fauji Fertilizer Bin Qasim Limited (FFBL): Profitability turns tide with robust performance – By JS Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Fauji Fertilizer Bin Qasim Limited (FFBL) management held a corporate briefing yesterday to discuss financial performance for 3QCY24 and outlook. The briefing was presumably the last session conducted from the FFBL&rsquo;s platform before its amalgamation with Fauji Fertilizer Co (FFC).</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FFBL&rsquo;s profitability prospects remained in limelight throughout the year majorly driven by higher primary margins, improved gas supplies, and absence of exchange losses led by stable currency during CY24TD. FFBL reported 51% YoY EPS growth during 3QCY24 to Rs6.20, taking 9MCY24 EPS to Rs14.38 on a standalone basis.</span></li></ul><ul><li><span style="font-famil...