Engro Fertilizers Limited (EFERT): Sector and Company-specific Challenges - By HMFS Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Farmer Economics: Management highlighted that elevated input costs have severely impacted farmer profitability, leading to a contraction in agronomic demand across the industry.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Policy Setback: The abolishment of the wheat support price has further weakened purchasing power in the rural economy.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Climate-related Pressures: Climate change and erratic weather patterns, coupled with inventory build-up across the industry, have resulted in a pronounced slowdown</span></li></ul>