Pakistan

Achieved targets despite economic difficulties: MD FFC

Fauji Fertilizer Company (FFC) Successfully Conducts 46th Annual General Meeting.

ISLAMABAD: Fauji Fertilizer Company (FFC) recently convened its 46th Annual General Meeting on March 26th, 2024, marking another milestone in its illustrious journey. The meeting witnessed a commendable turnout, with a robust quorum of 57.20 percent, comprising shareholders both in person and through virtual participation.

The event was graced by the presence of individual shareholders alongside major equity holders, including esteemed entities such as Fauji Foundation, State Life Insurance Corporation, and several prominent banks and financial institutions.

Brig Zulfiqar Ali Haider, SI(M) (Retd), Company Secretary of FFC, commenced proceedings, setting the stage for an engaging session. Mr. Waqar Ahmed Malik, Chairman of FFC’s Board of Directors, extended a warm welcome to all attendees, underscoring the significance of their presence.

During the meeting,  Sarfaraz Ahmed Rehman, the Managing Director and Chief Executive Officer of FFC, provided a comprehensive overview of the company’s performance throughout the year 2023. He eloquently addressed shareholder queries, elucidating FFC’s goals and outlining future strategies.

Read more: FFC’s First Corporate Briefing Sets Stage for Promising 2024

Rehman’s insightful remarks resonated with shareholders, instilling confidence in the company’s resilience amidst challenging economic conditions. He reaffirmed FFC’s unwavering commitment to upholding the highest standards of performance and ensuring sustained earnings for its valued shareholders.

Overall, the successful conduct of FFC’s 46th Annual General Meeting reflects the company’s steadfast dedication to transparency, accountability, and shareholder value, reaffirming its position as a leading player in the fertilizer industry.

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