Fauji Fertilizer Company Limited (FFC)

Dear Clients, Fauji Fertilizer Company Limited (FFC) held its analyst briefing today to discuss financial performance for CY20 and company outlook going forward. Key Highlights – The company’s market share in urea increased by 200bps to 42% in CY20 as opposed to 40% in CY19. Combined share of FFC and FFBL improved to 51% in… Continue reading Fauji Fertilizer Company Limited (FFC)

Analyzing sector impact- Power Tariff hiked I Gas-supply disconnections

Power Tariff hiked by federal government In a bid to restart the IMF program, the federal government has hiked the electricity tariff by PKR 1.95/kWh. The estimated PKR 200bn impact is a major step in curbing the growth of the circular debt, which has recently crossed PKR 2.3tn. While the higher power tariff has the… Continue reading Analyzing sector impact- Power Tariff hiked I Gas-supply disconnections

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Categorized as Economy

Status Quo likely in upcoming Monetary Policy

The State Bank of Pakistan (SBP)’s monetary policy committee will convene on Jan 22’21 to set interest rates for the next 2 months. We project the central bank to opt for a status quo and keep interest rates unchanged at 7.00%.Our stance is largely underpinned upon: 1) contained external accounts with a current account surplus… Continue reading Status Quo likely in upcoming Monetary Policy