Karachi August 28 2023: Agritech Limited reported loss of PKR 2.9 billion for the first half 2023 on higher finance cost, according to company filing to the exchange.
Finance cost of the company surged to PKR 2.9 billion in first half when compared with cost of PKR 1.9 billion last year.
Agritech Limited was incorporated in Pakistan on 15 December 1959 as an unlisted Public Limited Company under the repealed Companies Act, 1913 (now the Companies Act, 2017). The principal business of the Company is the production and sale of Urea and Granulated Single Super Phosphate fertilizer.