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

  • 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, 30th 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 30th 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.

Posted on: 2017-10-20T12:59:00+05:00