Fauji Fertilizer Co. Ltd. profit falls 19% to Rs. 2.16 billion

MG News | October 20, 2017 at 12:59 PM GMT+05:00

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Fauji Fertilizer Co. Ltd. sales for the period increased by 57%, amounting to a total of 27.58 billion Rupees during the Quarter ended September, 30^th 2017
Company’s Cost of Sales for the period increased by 65%
The Profit after tax for the period decreased 19% reaching 2.16 billion compared to same period last year’s profit of 2.61 billion Rupees
FFC declared a dividend of Rs. 1.50 per share i.e. 15%
The company’s earnings per share reached 1.6 Rupees/Share

Comparison of Key Financials
Unconsolidated Profit and Loss Account - For the Quarter Ended, September 30^th 2017
Key Financials	2017	2016	% Change
	Amounts in PKR ‘000
Sales	27,588,722	17,603,944	56.72%
Cost of Sales	22,264,176	13,513,933	64.75%
Gross Profit	5,324,546	4,090,011	30.18%
Distribution Cost	2,464,227	1,720,856	43.20%
Finance Cost	715,255	605,788	18.07%
Other Expenses	368,760	412,962	-10.70%
Profit before Taxation	3,325,402	3,783,761	-12.11%
Taxation	1,209,000	1,171,000	3.25%
Profit after Taxation	2,116,402	2,612,761	-19.00%
EPS - Basic & diluted	1.66	2.05	-19.02%

Company release on Earnings Report can be accessed here.

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,325.00	64,365.00 63,430.00	665.00 1.04%
BRENT CRUDE	86.80	89.90 85.80	-3.58 -3.96%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	1.10 0.90%
ROTTERDAM COAL MONTHLY	131.00	131.00 130.00	-1.75 -1.32%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	84.29	87.23 83.20	-3.42 -3.90%
SUGAR #11 WORLD	13.70	13.97 13.68	-0.09 -0.65%