As per the latest numbers released by NFDC, urea offtake declined by 41% YoY to 0.69Mn tons in Jun'21 due to high-base effect (1.2Mn tons in SPLY).
The annual results of the steel sector are around the corner, where we expect the BMA Steel universe to post earning of PKR 19.69Bn in FY21 compare
The results of the banking sector are due soon where we expect the profitability of the BMA Banking sector to decline by 17%/15% YoY/QoQ to PKR 36.
