Fauji Fertilizer bin Qasim reports profit of Rs. 106 million
MG News | October 19, 2017 at 02:36 PM GMT+05:00
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- Fauji Fertilizer bin Qasim Net Sales for the period increased by 13%, amounting to a total of 11.6 billion Rupees during the Quarter ended September, 30th 2017
- Company’s Gross Profit for the period increased by 165%
- The Profit after tax for the period for the period reached 106 million compared to same year last year’s losses of 159 million Rupees.
- The company’s earnings per share reached 0.11 Rupees/Share
| Unconsolidated Profit and Loss Account - For the Quarter Ended, September 30th 2017 | |||
|---|---|---|---|
| Key Financials | 2017 | 2016 | % Change |
| Amounts in PKR ‘000 | |||
| Net Sales | 11,601,600 | 10,227,954 | 13.43% |
| Cost of Sales | 9,807,714 | 9,552,460 | 2.67% |
| Gross Profit | 1,793,886 | 675,494 | 165.57% |
| Selling & Distribution Expenses | 1,295,513 | 1,377,569 | -5.96% |
| Administrative Expenses | 324,896 | 311,751 | 4.22% |
| Finance Costs | 549,886 | 624,611 | -11.96% |
| Profit/(Loss) before Taxation | 130,219 | (226,877) |
|
| Taxation | 23,528 | 67,404 | -65.09% |
| Profit/(Loss) after Taxation | 106,691 | (159,473) |
|
| Earnings/(Loss) per share - basic & diluted (Rs.) | 0.11 | (0.17) |
|
Company release on Earnings Report can be accessed here.
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