Fertilizer companies profit twofold

Business

Fertilizer companies profit twofold

Close

Fertilizer companies have earned twofold profit as fertilizer has become expensive.

13 March,2012 07:00 pm

Due to deadlock on gas supply, production of Urea fertilizer has become less by 4% as gas plants are being provided gas with cut from 30% to 60%. However, due to raise in price of fertilizer the collective profit of the sector has reached to Rs 157 billion.On the other hand, BMA capital has shown fear of profit shortage in fertilizer sector during current year.