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Corporate Alert: Fauji Fertilizer Co. declares a DPS of Rs.1/-, reports an EPS of 3.00 for the period ended June 30, 2017

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Fauji Fertilizer Co. announced Financial Results for the period ended June 30, 2017.

The company’s Sales for the period increased by 6 percent in the outgoing year, whereas the Profit after Taxation for the Period declined by 22 percent.

The board has recommended a cash dividend of Rs.1/- per share, no bonus shares and right shares for the period.

Comparison of Key Financials

Financial Results – For the Period Ended

Key Financials

June 30, 2017

June 30, 2016

% Change

Sales

30,161,304

28,321,912

6%

Cost of Sales

23,922,987

19,994,620

20%

Gross Profit

6,238,317

8,327,292

-25%

Distribution Cost

4,070,466

3,104,200

31%

Finance Cost

1,201,933

1,178,376

2%

Other Expenses

669,576

814,276

-18%

Other Income

5,566,784

4,299,364

29%

Net Profit before Taxation

5,863,126

7,529,804

-22%

Provision for Taxation

2,046,000

2,637,000

-22%

Net Profit after Taxation

3,817,126

4,892,804

-22%

Earnings per Share – basic and diluted

3

3.85

-22%

 

Amounts in PKR ‘000

The complete statements can be accessed here.

Posted on: 2017-07-31T12:40:00+05:00