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.
