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Fauji Fertilizers Limited posts a profit increase of 28% in the half year ending on June 30th 2018:earnings report

07:36
July 31, 2018
MG

Fauji Fertilizers limited released a summary of their Board of Directors meeting, held on July 31^st 2018 in which the company discussed its financial earnings for the Half Year ending on June 30^th 2018.

As compared to the Half Year Ending on June 30^th 2017, Fauji Fertilizers’ Net Sales increased by 42.6% while their Gross profit increased by 47.5%

The company managed to reduce their Finance Cost by 34.6%.

Other income dropped by 21.3% while Share of profit of associates and joint venture decreased by 45.2%.

Overall profit for the period increased by 28.1%.

The company further reported basic and diluted earnings per share at Rs.3.61.

Profit and Loss Account for the Half Year Ended June 30,2018
	2018	2017	% Change
Sales – net	45,058,336	31,598,286	42.6%
Cost of sales	(34,886,528)	(24,701,380)	41.2%
Gross Profit	10,171,808	6,896,906	47.5%
Administrative expenses and distribution cost	(4,603,549)	(4,313,219)	6.7%
	5,568,259	2,583,687
Finance cost	(1,060,702)	(1,622,724)	-34.6%
Other expenses	(837,519)	(669,576)	25.1%
	3,670,038	291,387
Other income	3,580,597	4,552,069	-21.3%
Share of profit of associates and joint venture	497,865	908,238	-45.2%
Profit before taxation	7,748,500	5,751,694	34.7%
Provision of taxation	(3,157,780)	(2,168,121)	45.6%
Profit after taxation	4,590,720	3,583,573	28.1%
Earnings per share – basic and diluted (Rupees)	3.61	2.82	28.0%

Posted on: 2018-07-31T12:36:00+05:00

22411

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.40000	278.60000	278.60000	278.40000	03:02 PM
2	EUR	1.07002	1.07006	1.07006	1.07002	10:08 AM
3	GBP	1.24454	1.24463	1.24463	1.24454	10:08 AM
4	CHF	0.91300	0.91340	0.91340	0.91300	10:08 AM
5	JPY	155.00200	155.01500	155.01500	155.00200	10:08 AM
6	CAD	1.37032	1.37036	1.37036	1.37032	10:08 AM
7	AUD	0.64993	0.64995	0.64995	0.64993	10:08 AM
8	INR	83.31400	83.31500	83.31500	83.31400	10:08 AM
9	SAR	3.75060	3.75080	3.75080	3.75060	07:08 PM
10	AED	3.67280	3.67300	3.67300	3.67280	07:08 PM
11	HKD	7.83330	7.83340	7.83340	7.83330	10:08 AM
12	CNH	7.26852	7.26865	7.26865	7.26852	10:08 AM
13	CNY	7.24480	7.24570	7.24570	7.24480	11:52 PM
14	THB	37.04200	37.08100	37.08100	37.04200	10:08 AM
15	MYR	4.77500	4.78000	4.78000	4.77500	05:06 AM
16	IDR	16,182.60000	16,198.60000	16,198.60000	16,182.60000	10:08 AM
17	SGD	1.36103	1.36114	1.36114	1.36103	10:08 AM
18	NZD	0.59334	0.59345	0.59345	0.59334	10:08 AM
19	MXN	17.04460	17.04960	17.04956	17.04456	10:08 AM
20	TRY	32.52010	32.53010	32.53010	32.52010	10:08 AM
21	SEK	10.86380	10.86580	10.86577	10.86377	10:08 AM
22	ZAR	19.20980	19.21730	19.21725	19.20975	10:08 AM
23	NOK	10.97980	10.98250	10.98254	10.97976	10:08 AM
24	DKK	6.96934	6.96990	6.96990	6.96934	10:08 AM
25	ARS	873.25300	873.26300	873.26310	873.25310	10:08 AM
26	BDT	108.08100	111.45000	111.45007	108.08130	07:19 AM
27	BHD	0.37701	0.37705	0.37705	0.37701	06:54 PM
28	BRL	5.15770	5.16070	5.16070	5.15770	10:08 AM
29	KRW	1,373.91000	1,375.91000	1,375.91000	1,373.91000	10:08 AM
30	KWD	0.30790	0.30800	0.30800	0.30790	07:08 PM
31	LKR	295.09500	301.64500	301.64508	295.09470	07:19 AM
32	OMR	0.38498	0.38502	0.38502	0.38498	07:00 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	07:08 PM
34	RUB	93.47000	94.07000	94.07000	93.47000	08:00 PM
35	AFN	71.29620	73.16780	73.16776	71.29623	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:44 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,675.00000	12,740.50000	12,740.49259	12,674.98877	07:19 AM
40	PHP	57.70200	57.74700	57.74700	57.70200	10:08 AM
42	NGN	1,289.99000	1,290.99000	1,290.99000	1,289.99000	07:09 AM
43	KES	133.50000	135.50000	135.50000	133.50000	10:05 AM
44	AMD	362.05200	418.19900	418.19900	362.05235	07:19 AM
45	TWD	32.59090	32.62090	32.62090	32.59090	10:08 AM
46	XAU	2,318.16000	2,318.53000	2,318.53000	2,318.16000	10:07 AM
47	XAG	27.14020	27.14880	27.14880	27.14020	10:07 AM
48	XPT	903.80000	905.30000	905.30000	903.80000	07:08 PM
49	XPD	1,002.24000	1,009.12000	1,009.12480	1,002.24260	07:08 PM
2,120	VES	36.26120	36.34220	36.34216	36.26125	08:00 PM
2,212	UGX	3,771.15000	3,855.37000	3,855.36757	3,771.14838	07:19 AM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	08:24 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,414.33	72,051.892	71,467.02	692.487	0.970	324,513,222.0	15,826,554,117.260	24/04/2024 04:13 PM
ALLSHR	47,375.82	47,172.817	46,960.12	306.944	0.655	599,296,643.0	24,458,132,413.340	24/04/2024 04:13 PM
KSE30	23,944.85	23,807.818	23,586.59	240.962	1.023	111,127,951.0	11,140,196,445.780	24/04/2024 04:13 PM
KMI30	121,905.06	121,162.457	119,802.31	1,486.525	1.242	142,025,745.0	9,533,161,297.560	24/04/2024 04:13 PM
KMIALLSHR	33,729.93	33,656.520	33,366.03	337.953	1.014	426,610,117.0	19,046,525,407.830	24/04/2024 04:13 PM
BKTi	18,030.81	17,888.609	17,862.22	36.126	0.202	21,512,241.0	2,556,142,444.850	24/04/2024 04:13 PM
OGTi	17,023.12	16,956.573	16,845.36	87.498	0.519	9,136,075.0	1,278,959,401.370	24/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	66,045.0	67,120.0	65,730.0	-390.00
BRENT CRUDE	EB	88.2	88.9	87.8	-0.27
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-2.10
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	1.10
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	83.0	83.7	82.7	-0.41
SUGAR #11 WORLD	SB	19.7	19.7	19.5	-0.01

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