Fatima Fertilizer Co. announced Financial Results for the period ended June 30, 2017.
The company’s Sales for the period increased by 38 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 44 percent.
The board has recommended no Cash Dividend, any bonus or right shares.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Six Months Ended |
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Key Financials |
Jan – June, 2017 |
Jan – Jun, 2016 |
% Change |
Amounts in PKR ‘000 |
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Sales |
17,691,739 |
12,775,609 |
38% |
Cost of Sales |
8,835,119 |
6,444,829 |
37% |
Gross Profit |
8,856,620 |
6,330,780 |
40% |
Distribution Cost |
1,517,571 |
872,211 |
74% |
Admin: Expenses |
830,071 |
653,414 |
27% |
Finance Cost |
1,049,038 |
1,299,691 |
-19% |
Other Operating Expenses |
347,739 |
264,632 |
31% |
Other Income |
258,986 |
349,205 |
-26% |
Profit before Tax |
5,371,187 |
3,590,037 |
50% |
Taxation |
1,080,198 |
614,683 |
76% |
PAT |
4,290,989 |
2,975,354 |
44% |
EPS – Basic and diluted |
2.04 |
1.42 |
44% |
Company release on Earnings Report can be accessed here.