Fauji Fertilizer Company Limited (FFC) has announced its financial results for the year ending December 31, 2024, as it reported a unified profit of 85.5 billion rupees. The significant increase in profits follows the company’s integration with Fauji Fertilizer Bin Qasim Limited (FFBL), a step aimed at unifying operations and promoting market driving.
FFC, the largest product of urea in Pakistan, has begun to integrate with FFBL in line with the long -term growth strategy to enhance operational synergy and financial strength. FFBL, a previously separate subsidiary, was mainly working in the production of fertilizers and phosphate urea (DAP), and also, and also participated in various investments in the food and energy sectors. The integration, which was approved by the Rawalbende seat in the Lahore Olaya Court, entered on July 1, 2024, with the FFBL painting. The FFC board has since been managing the joint entity.
This monotheism strengthens FFC position in the local fertilizer market, combining FFBL’s production capacity into its current operations. The company is now benefiting from savings, improving the efficiency of the supply chain, and a more simplified company structure.
After the merger, the joint urea production in FFC was 2.84 million tons for the year 2024, with the Bin Qassem Factory in FFBL with 287,000 tons in the second half of the year. The total urea was 2.94 million tons, while DAP sales reached 653,000 tons. The merger contributed significantly to profitability, combining FFBL’s financial results with strong investment revenues in FFC and its profits from its strategic property.
The independent FFC profit for this year amounted to 64.7 billion rupees, which reflects the benefits of integration, effective costs and strong revenue flows. The 85.5 billion unified profits have been strengthened by strong offers from FFC companies and their associated companies.
The production of local fertilizers of the company played an important role in reducing dependence on imports, providing the country with an estimated $ 1.4 billion in foreign currencies.
In appreciation of its strong financial performance, the FFC board announced the distribution of final profits of 21.00 rupees per share. This is followed by temporary profits that were already paid at 15.50 rupees per share, which were later modified to 13.86 rupees per share after the merger. Profit payments reflect the distribution of the company’s commitment to shareholders ’returns while maintaining financial stability.
According to the official statement of the company, the integration is expected to create long -term benefits for both the company and the agricultural sector by ensuring supply of fixed fertilizers and price stability. Industry analysts view integration as a strategic step that can put a precedent for more monotheism in the fertilizer industry in Pakistan, allowing production and the use of the most efficient resources.
The FFC administration reaffirmed its commitment to operational excellence and innovation, with a focus on sustainable growth and diversification. The company plans to explore new investment opportunities in agricultural business, renewable energy and technology -based agricultural solutions.
As a major product in Pakistan, FFC is placed to maintain its dominance in the market with the leadership of economic growth through improved production capabilities and financial flexibility.
