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July 03, 2015 12:03 PM ET

Chemicals

Company Overview of Fatima Fertilizer Company Limited

Company Overview

Fatima Fertilizer Company Limited engages in manufacturing, producing, buying, selling, importing, and exporting fertilizers and chemicals. The company offers various intermediate products, such as ammonia and nitric acid; and final products, including urea, calcium ammonium nitrate, nitro phosphate, and nitrogen phosphorous potassium. It serves dairy and metallurgy sectors. The company was incorporated in 2003 and is headquartered in Lahore, Pakistan.

E-110, Khayaban-e-Jinnah

Lahore Cantonment

Lahore,  

Pakistan

Founded in 2003

1,731 Employees

Phone:

92 42 111 328 462

Fax:

92 42 3662 1389

Key Executives for Fatima Fertilizer Company Limited

Fatima Fertilizer Company Limited does not have any Key Executives recorded.

Fatima Fertilizer Company Limited Key Developments

Fatima Fertilizer Company Limited, Board Meeting, Jun 25, 2015

Fatima Fertilizer Company Limited, Board Meeting, Jun 25, 2015., at 10:30 Pakistan Standard Time. Agenda: To consider investment opportunities.

Consortium of Fatima Trading Company Denied Biding for National Power Construction Corporation

Consortium of Fatima Trading Company denied biding for National Power Construction Corporation (Pvt) Limited. The Privatisation Commission (PC) has decided to stop a consortium of Fatima Trading Company, owned by Arif Habib, from bidding for National Power Construction Company (NPCC) on grounds that the company had violated a privatisation accord of 2006. The consortium comprises Fatima Trading Company (Pvt.) Ltd., Fatima Fertilizer Company Limited (KASE:FATIMA), Fatima Holding Limited and Fazal Cloth Mills Ltd. (KASE:FZCM). "The PC has not done justice, as it has taken the decision without giving an opportunity to us to present our position," said Fatima Group Chairman Arif Habib, while talking to The Express Tribune. The government is eager to sell the entity within the next three weeks and to claim the second strategic sale in a year for roughly PKR 2 billion. "In our views, the government paid an excess amount to the previous shareholders," said Arif Habib while defending the decision to withhold the amount. After the disqualification of the Fatima Group, seven bidders are left to compete for National Power Construction Corporation. The company is doing business in Saudi Arabia and does not have a presence in Pakistan. Sinohydro Corporation is also bidding for National Power Construction Corporation. The other significant consortium is of Ascon Contracting and Batterjee Holding.

Fatima Fertilizer Company Limited Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015

Fatima Fertilizer Company Limited reported unaudited earnings results for the first quarter ended March 31, 2015. For the period, the company reported sales of PKR 9,174,333,000 against PKR 7,366,007,000 a year ago. Profit before tax was PKR 3,742,927,000 against PKR 2,509,045,000 a year ago. Profit was PKR 2,427,364,000 or PKR 1.16 per basic and diluted share against PKR 1,632,550,000 or PKR 0.78 per basic and diluted share a year ago.

Similar Private Companies By Industry

Company Name Region
DH Fertilizers Limited Middle East/Africa
Nimir Chemicals Pakistan Limited Middle East/Africa
Hazara Phosphate Fertilizers (Pvt.) Limited Middle East/Africa
BASF Chemicals and Polymers Pakistan (Private) Ltd. Middle East/Africa
Total Atlas Lubricants Pakistan (Private) Ltd. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 25, 2015
DH Fertilizers Limited
 

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