AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Fauji Fertilizer Company Ltd. (FFC) announced its financial results for the first nine months of calendar year 2025, revealing an increase in earnings despite a downturn in urea sales. The company reported standalone earnings of PkR57.6 billion, equating to PkR40.5 per share, a rise from PkR50.6 billion, or PkR35.5 per share, in the same period last year. This growth was largely attributed to higher sales and a 21% year-over-year increase in other income.
The briefing highlighted a subdued industry-wide nutrient offtake during the period, with urea sales experiencing an 8% year-over-year decline. The decrease was attributed to reduced rainfall and weak farm economics during the first half of the year.
However, offtakes showed improvement in the third quarter, driven by a recovery in farmers’ liquidity and a positive outlook for the upcoming wheat season. This led to a reduction in the industry’s urea inventory levels, which dropped to 1,162,000 tons by the end of the third quarter from 1,310,000 tons at the end of June 2025.
FFC’s urea sales saw a 12% year-over-year decline, totaling 1,955,000 tons, a figure that includes sales from Fauji Fertilizer Bin Qasim Limited (FFBL). As a result, the company’s market share adjusted to 47%, down from 51% in the same period last year. FFC currently holds 25% of the total industry inventory, amounting to 294,000 tons.