Fertilizer Profits and Payouts Expected to Spike in Fourth Quarter

Karachi: A significant increase in profitability and payouts is projected for Pakistan’s fertilizer sector in the fourth quarter of calendar year 2024, driven primarily by higher offtakes.

According to a statement by AKD Securities Limited, the AKD Fertilizer Universe’s overall profitability is anticipated to rise by 50% compared to the same period last year. Payouts are projected to see a substantial surge of 153% year-on-year.

On a company level, earnings for FFC, EFERT, and FATIMA are expected to grow by twofold, 1%, and 46% year-on-year, respectively, in the fourth quarter. The final dividends for these companies are estimated at PkR27.0, PkR8.0, and PkR4.25 per share, respectively.

AKD Securities maintains a positive outlook on the fertilizer sector, reiterating a ‘BUY’ recommendation for FFC, EFERT, and FATIMA. The target prices for December 2025 are PkR583, PkR242, and PkR103 per share, respectively.

The post Fertilizer Profits and Payouts Expected to Spike in Fourth Quarter appeared first on Pakistan Business News.