Fauji Fertilizer
Part 1
(Word Count: - 867 )
1. Project Objectives And Overall Research Approach:
The objectives of this project are to evaluate the operational performance of the Fauji Fertilizer Company Limited over the three years. This includes both financial and non-financial performance.
1. Reasons for choosing the topic:
The reason why I have chosen the topic is that as I am a student of ACCA with some background of financial evaluation like Ratio Analysis and this is my prime objective to gain some expertise in this field. The subjects which I like the best in ACCA are the Financial Reporting and Business Analysis and now I am studying these two subjects for December, 2008 exam and this will help me out my preparation for exam also. This kind of research always helps the student to evaluate the Organization Performance and a good tool also for decision making especially for an investment decision. That’s why I have chosen this topic.
2. Reason for choosing the Fauji Fertilizer Company Limited.
Agriculture Sector being the backbone of the country depends upon fertilizer producing companies. The effect of global food demand and supply is major concern for every nation. The world population is increasing day by day and Agriculture Sector is the one which is responsible to meet the increasing demand of food for the population. Agriculture sector is heavily supported by the Fertilizer sector through the production of fertilizer and DAP (Di-Ammonium Phosphate) which are the sources through which the production capacity of agriculture sector can be enhanced.
The reason why I have selected the FFCL for research and analysis is that because FFCL is the largest fertilizer producer of Pakistan. It is a well established Organization in the country and occupies the position in top 25 Listed Companies of the country (FFCL Annual Report 2007)[i]. It was incorporated in 1978 as a Private Limited Company. This was a joint venture between Fauji
(Word Count: - 867 )
1. Project Objectives And Overall Research Approach:
The objectives of this project are to evaluate the operational performance of the Fauji Fertilizer Company Limited over the three years. This includes both financial and non-financial performance.
1. Reasons for choosing the topic:
The reason why I have chosen the topic is that as I am a student of ACCA with some background of financial evaluation like Ratio Analysis and this is my prime objective to gain some expertise in this field. The subjects which I like the best in ACCA are the Financial Reporting and Business Analysis and now I am studying these two subjects for December, 2008 exam and this will help me out my preparation for exam also. This kind of research always helps the student to evaluate the Organization Performance and a good tool also for decision making especially for an investment decision. That’s why I have chosen this topic.
2. Reason for choosing the Fauji Fertilizer Company Limited.
Agriculture Sector being the backbone of the country depends upon fertilizer producing companies. The effect of global food demand and supply is major concern for every nation. The world population is increasing day by day and Agriculture Sector is the one which is responsible to meet the increasing demand of food for the population. Agriculture sector is heavily supported by the Fertilizer sector through the production of fertilizer and DAP (Di-Ammonium Phosphate) which are the sources through which the production capacity of agriculture sector can be enhanced.
The reason why I have selected the FFCL for research and analysis is that because FFCL is the largest fertilizer producer of Pakistan. It is a well established Organization in the country and occupies the position in top 25 Listed Companies of the country (FFCL Annual Report 2007)[i]. It was incorporated in 1978 as a Private Limited Company. This was a joint venture between Fauji
References: [x] www.igisecurities.com.pk/fertilizer Page#: 5 (visited 26 August 2008). [xi] www.pakistan.gov.pk/ministry of food, agriculture, and livestock (visited 26 August 2008). [xii] www.igisecurities.com.pk/fertilizer sector in Pakistan. Page#: 10, (visited 26 August 2008). [xiii] www.google.com/technolgical changes in the world in fertilizer sector. (visited 2 September, 2008). [xiv] www.ecltrade.com /fertilizer sector, ECL Research Report, (visited 8 September, 2008). [xvi] www.igisecurities.com.pk/fertilizer sector in Pakistan. Page#: 10, (visited 26 August 2008).