Fauji Fertilizer bin Qasim reports profit of Rs. 106 million

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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
Comparison of Key Financials

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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