IGI Securities Limited - Day Break.
Karachi -- April 24, 2019 (PPI-OT)
Fertilizer - FFBL and FFC: 1QCY19 Result Preview
Fauji Fertilizers Bin Qasim Company Limited (FFBL) is scheduled to announce its financial result for 1QCY19 on 24th April-19 where we expect company to report a loss of PKR 1.04bn (LPS: PKR 1.11), signalling a decrease of 2.3xYoY. We have a "BUY" call on FFBL, based on our Dec-19 target price of PKR 42.2/share, offering +37% upside from its last closing.
Fauji Fertilizers Company Limited (FFC) is scheduled to announce its financial result for 1QCY19 on 26th...
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