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HomeBusinessFERTILIZER FIRMS POST STRONG EARNINGS, DECLARE DIVIDENDS FOR INVESTORS

FERTILIZER FIRMS POST STRONG EARNINGS, DECLARE DIVIDENDS FOR INVESTORS

Fertilizers players ki earnings mein izafa dekha gaya hai, 1QCY24 earnings estimates ke mutabiq Yeh izafa zyada retention prices aur behtar offtakes ke wajah se hua hai. Pehle quarter mein companies ne apne allotted shares ke mutabiq imported urea farokht kiya, jo profit margins par asar daal sakta hai.

Expected hai ke FFC aur EFERT quarter ke liye dividends announce karenge. FFC Rs5.6/share aur EFERT Rs5.0/share ke dividends announce karenge.

FFC aur EFERT ne CY24 YTD ke doran KSE100 Index ko outperform kiya hai, 30% aur 45% ke izafiye ke sath, aur dono hi current levels par 17% D/Y offer karte hain, Ek reputable brokerage firm ki report kay mutabiq.

Sab players ke darmiyan barabari aur fertilizer prices mein anomaly se bachne ke liye, MARI-based companies ke liye gas pricing par wazeh pashangoi ki zarurat hai.

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