Karachi, July 31, 2023 – Engro Fertilizers Limited (EFERT) faced a setback in its earnings as the implementation of the super tax adversely impacted its financial performance.
KARACHI: Engro Fertilizers, Pakistan’s premier seed-to-harvest solutions provider, has organized mega farmer seminars in Bahawalpur, Kabirwala, and Hafizabad, to support the Government of Punjab’s “Grow More Wheat” initiative for enhanced food security and farmer productivity in the country.
KARACHI: Fertilizer industry is providing benefit of Rs900 billion to farmers through the provision of urea at significant discount. The local fertilizer Industry is providing urea at around 84 per cent discount, equivalent to Rs9,823 per bag, and is expected to enable import substitution of $5.3 billion in 2022. READ MORE: FrieslandCampina Engro Pakistan posts … Read more
KARACHI: Engro Fertilizers, Pakistan’s premier seed-to-harvest solutions provider, hosted an insightful dialogue at Expo 2020 Dubai to highlight the food security situation in the Gulf and the potential partnership opportunities with Pakistan to overcome the regional food security challenges. The panel comprised global agricultural and industry experts including Dr. Abdul Rashid (IFA Laureate), Charles Schneider … Read more
KARACHI: The fertilizer industry is playing a critical role in ensuring food security and managing food inflation in Pakistan through adequate and affordable supply of urea at one fifth the international prices. In a media briefing on Wednesday, Imran Ahmed, CFO of Engro Fertilizers, highlighted that food inflation is one of the biggest challenges being confronted … Read more
KARACHI: Engro Fertilizers Limited and The Bank of Punjab (BOP) have made arrangements to provide financing to farmers through the bank’s branch network across Pakistan, a statement said on Thursday. Under this arrangement, progressive farmers under Engro Fertilizers Limited’s Shandaar Kissan program will be able to avail financing on easy terms and concessional markup rates … Read more
KARACHI: Engro Fertilizers Limited has been recognized at the prestigious Pakistan Digital Awards 2021. The company received three key awards for “Most Innovative Fintech Solution Provider”, “Best Payment Technology” and “Best Banking Tech of the Year”. Faced with the challenges of COVID-19 pandemic, Engro Fertilizers was quick to adapt to the new normal and led … Read more
KARACHI: Engro Fertilizers has been declared as one of only three global award winners at the virtual ceremony of 14th DuPont Safety and Sustainability Awards, a press release said on Wednesday. As a recipient of the Global Safety Innovation Award, Engro Fertilizers has been recognized for making innovative and systemic changes to its operations to … Read more
KARACHI: Engro Fertilizers Limited has recorded massive growth of around 112 percent for the quarter ended September 30, 2020 owing to increase in sales and lower payment of taxes. In its financial results submitted to Pakistan Stock Exchange (PSX) on Wednesday, the company announced profit after tax of Rs7.03 billion for the quarter ended September … Read more
KARACHI: Engro Fertilizers has set up a 60-bed quarantine at its technical college to contain the spread of coronavirus. As part of its ongoing efforts to support the district authorities and Daharki community amid the Coronavirus outbreak, Engro Fertilizers has converted its Technical Training College (TCC) into a 60-bed quarantine facility, a statement said on … Read more