Fauji Fertilizer Co. announced Financial Results for the period ended June 30, 2017.
The company’s Sales for the period increased by 6 percent in the outgoing year, whereas the Profit after Taxation for the Period declined by 22 percent.
The board has recommended a cash dividend of Rs.1/- per share, no bonus shares and right shares for the period.
Comparison of Key Financials
|
Financial Results – For the Period Ended |
|||
|
Key Financials |
June 30, 2017 |
June 30, 2016 |
% Change |
|
Sales |
30,161,304 |
28,321,912 |
6% |
|
Cost of Sales |
23,922,987 |
19,994,620 |
20% |
|
Gross Profit |
6,238,317 |
8,327,292 |
-25% |
|
Distribution Cost |
4,070,466 |
3,104,200 |
31% |
|
Finance Cost |
1,201,933 |
1,178,376 |
2% |
|
Other Expenses |
669,576 |
814,276 |
-18% |
|
Other Income |
5,566,784 |
4,299,364 |
29% |
|
Net Profit before Taxation |
5,863,126 |
7,529,804 |
-22% |
|
Provision for Taxation |
2,046,000 |
2,637,000 |
-22% |
|
Net Profit after Taxation |
3,817,126 |
4,892,804 |
-22% |
|
Earnings per Share – basic and diluted |
3 |
3.85 |
-22% |
Amounts in PKR ‘000
The complete statements can be accessed here.
