Fauji Fertilizer Company makes Rs47.5bn profit in 2023 – Markets

Fauji Fertilizer Company Limited (FFC), one of Pakistan’s largest fertilizer producers, posted a profit-after-tax of Rs47.45 billion in 2023, an increase of over 38%, as compared to Rs34.37 billion in 2022.

According to a profit and loss statement shared by the company at the Pakistan Stock Exchange (PSX) on Friday, the board of directors met on January 23, 2024, to review the company’s…